Marketplace banks could be designated as systemically important.

Marketplace banks could be designated as systemically important.

      According to the speaker, the financial structures of marketplaces already surpass many large banks in terms of client base coverage, possibly yielding only to Sberbank. This has become the basis for reconsidering their status within the financial system.

      The proposal is planned to be implemented through amendments to the "On the Platform Economy" law, adopted this summer. It is noted that the current version of the document practically does not touch on financial activity issues and requires refinement.

      As the initiators emphasize, regular updating of the regulatory framework is necessary to reduce risks and increase the resilience of the financial system amid the active digital transformation of the economy, reports the portal mkset.ru.

      The initiative demonstrates the growing influence of marketplaces in the financial sector and could become an important step in integrating digital platforms into the regulated financial space.

Другие Новости Кирова (НЗК)

Marketplace banks could be designated as systemically important.

At the International Banking Forum in Sochi, a proposal was made to classify the credit institutions of major marketplaces as systemically important financial institutions. The initiative has been submitted to the Bank of Russia for consideration.