The role of commercial ba n Cove to provide calculations in the national economy and in our country. But in the changed economic conditions shiesya require reforming all, payments and fur ism, inherited from the administr actively and command system.connection with the formation of the stock market is being developed and is a func tion to commercial banks as intermediary in securities transactions. Unlike some developed countries (eg the US) to the actions of our m of commercial banks in the securities market is not limited to me. They can drive a variety of proi s securities transactions. In accordance with the setting e tion on the issue and circulation of securities and stock exchanges in the RSFSR, p utve firmed RSFSR Government Resolution December 29, 1991, banks have the right to act as investment institutions that can carry out activities in the securities market as a mediator (inv e vestment broker); investment adviser, investment company and investment fund. Acting as a financial broker, banks s suppl intermediary (agent) of the sale of securities for the account and on behalf of the client based on the dialect d commission or commission.an investment bank consultant provides consulting services to its customers about the issue and circulation of securities. If the bank assumes the role of an investment company, it is engaged in the organization of the securities issue and issuance of guarantees on their placement in favor of a third party; ku n ley selling securities on its own behalf and at its own expense, including the path to the portation of securities securities, that is, declaring certain securities » prices on the seller's direct «and» bid price" for which he undertakes to buy and sell. When the bank allocates its resources in securities on its own behalf and all risks associated with such placement, all gains and losses - on t changes in the market valuation of the acquired securities shall be borne by the shareholders of the bank, it acts as an investment fund. Prerequisite of e performs the role of the investment fund is the presence in the state bank of professionals working with securities having a qualification certificate p Ministers of Finance of the Russian Federation, giving the right to carry out transactions with the involvement of citizens.
1.3 LEGAL BASIS AND functioning ing Commercial E Sgiach BANKS
procedure for opening, registration and liquidation of commercial banks for those pp and Torii Russian Federation is defined by the Law of 02.12.1990 № 395-1 «On Banks and Banking de I sequences in the RSFSR . » In accordance with this law, the Russian Federation has the license procedure for banking activities. Ba n Minkowski operations can be performed only on the basis of a special face n diffusion CBR. The need for special licensing of banking operations due to their increased risk and the impact that they have on the level of payment e capable of demand in the economy. Organizations commit bank and operas tion require strict state regulation and supervision of the Central Bank, so they must obtain a license to commit banco in Sgiach operations and register with the Central Bank. Otherwise banking operations are nezako n governmental.norms institutions and organizations regulated commercial banks n tiruetsya banking legislation acts, determined th schimi organizational and legal forms of enterprises and the general provisions...
