ASSESSMENT OF THE REGULATORY AND LEGAL REGULATION OF THE BANKING SECTOR OF THE ECONOMY

The modern banking system of the Russian Federation is a complex, dynamically developing mechanism, the effectiveness of which directly depends on the quality and relevance of regulatory regulation. The article discusses the issues of legislative and regulatory regulation of banks, evaluates the instructions and regulations of the Bank of Russia available in practice, and provides possible options for updating the range of banking products and services. The authors conducted an assessment of market practices regarding the sale of individual products and services of banks. The methodological concept of updating the banking product line has been formed, which will be based on the use of an integral approach, presenting the banking product not as an isolated financial instrument, but as a set of constituent financial components. The authors conduct research on the assessment and diversification of financial instruments for different categories of corporate clients, and also consider the practices of leading Russian banks. In this regard, it should be emphasized that during the period of economic instability and sanctions restrictions, banking institutions are forced to transform their traditional approaches to working with corporate clients.