Abstract: The paper considers the problem of administrative responsibility, imposed for the breach of legislation in the field of microfinance activities. The topicality of the issue is determined by the apparent drawbacks in the sphere of financial services for the population, and socio-economic prerequisites for the improvement of microfinance activities. The author gives special attention to the concept of “finance” in the context of the title of the chapter 15 of the Administrative Offences Code of the Russian Federation. The author considers the fundamental types of administrative breaches in the sphere of microfinance activities and defines the peculiarities of administrative responsibility for the breach of legislation on microfinance activities. The research methodology is based on general scientific methods (analysis, comparison, description, generalization, induction, and deduction) and specific research methods (formal-dogmatic, comparative-legal, system-structural, and the method of legal interpretation).
Global transformations in the sphere of microfinance activities, primarily, investing the Bank of Russia with powers in regulation, control, and supervision over the activities of microfinance and microcredit organizations, and jurisdictional powers, as well as the establishment of the institution of self-regulation, prove the undoubted topicality of administrative studies in the sphere of microfinance. 

Abstract: The author studies the main regulatory functions of the Bank of Russia in the sphere of microfinance activities. The structural reform of microfinancing in Russia, which had consisted in the introduction of the institution of self-regulation in July 2016, actualized the issues of differentiation of regulatory functions of public authorities and organizations. The author characterizes the jurisdictional functions of the Bank of Russia in the sphere of microfinancing. Significant attention is given to the regulatory functions. The author defines the correlation between the concept of “control” and “supervision”. The research methodology is based on general scientific (analysis, synthesis, classification, description) and specific methods of cognition (formal-dogmatic, system-structural, and the method of legal interpretation). The scientific novelty of the study is determined by the amendments to the Federal law of 2 July 2010 “On microfinance activities and microfinance organizations”, particularly by the introduction of the institution of self-regulation in the sphere of microfinancing and endowing them with some functions of the Bank of Russian in the sphere of regulation of microcredit and microfinance organizations. 

Abstract: The article considers the issues of legal regulation of self-regulation in the sphere of microfinance activities, its purpose, main functions and tasks. The author pays attention to the hierarchy of interrelations between self-regulatory institutions and microfinance institutions determining the specificity of normative regulation in this sphere. The author characterizes basic and internal standards adopted by self-regulatory institutions. The study reveals the main authorities of self-regulatory institutions mediated by public impact measures. The research methodology is based on general scientific methods (analysis, synthesis, comparison, classification, description, analogy, generalization, induction and deduction) and special methods (formal dogmatic, comparative-legal, system-structural, and the method of legal interpretation). The scientific novelty of the work consists in the complex study of the peculiarities of legal regulation of the activities of self-regulatory microfinance institutions, defines the purpose of self-regulation and its main functions. The author considers the peculiarities of local statutory acts in the sphere of microfinance, defines the status of basic and internal standards adopted by self-regulatory institutions.