Erpyleva, N.Y. Organizational and legal forms of trans-border capital flow in the Russian banking system

Abstract: This article is devoted to the organizational and legal forms of tarns-border capital flow within the Russian banking system. The author shows that the main organizational and legal forms of presence of the foreign banking capital in the Russian Federation are representative offices of banks and participation in the capital of the Russian credit organization. In the latter case, one a specific subject appears, which is a credit organization with foreign investments. Foreign credit organizations open their representative offices and participate in the capital of the Russian credit organizations with the foreign investments by permission. The author notes that the main speci fic feature of the modern regulation of participation of the foreign credit organizations in the banking system of Russia is a direct prohibition of the filial offices of foreign banks in the Russian Federation. The author studies trans-border participation of the Russian credit organizations in the banking systems of foreign states, which is implemented in the organizational legal forms of representative offices (subject to notification), filial offices of Russian credit organizations abroad (subject to permission), and participation in the registered capital of the subsidiary bank, which is a non-resident credit organization (subject to permission).

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