THE NEW EUROPEAN UNION FINANCIAL MARKET ECOSYSTEM: DIGITALIZATION AND SUSTAINABILITY
The article is devoted to the analysis of a new concept - the ecosystem of the financial market of the European Union. It is proved that the new ecosystem of the financial market of the European Union, aimed at the priorities of "sustainable financing" has developed and become the objectiv...
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| Format: | Article |
| Language: | English |
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Peoples’ Friendship University of Russia (RUDN University)
2020-12-01
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| Series: | RUDN Journal of Law |
| Subjects: | |
| Online Access: | http://journals.rudn.ru/law/article/viewFile/24567/18585 |
| _version_ | 1818265633862713344 |
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| author | Evgenia E. Frolova |
| author_facet | Evgenia E. Frolova |
| author_sort | Evgenia E. Frolova |
| collection | DOAJ |
| description | The article is devoted to the analysis of a new concept - the ecosystem of the financial market of the European Union. It is proved that the new ecosystem of the financial market of the European Union, aimed at the priorities of "sustainable financing" has developed and become the objective reality of new public relations. In this regard, a comparative analysis of the above issues is of particular importance. The study showed that the European Union in December 2019 presented its vision of regulating a new ecosystem of the financial market: the cornerstones of this regulation were identified - the regulation on information disclosure, the regulation of low-carbon standards, the draft regulation on taxonomy. Given the fact that the above normative acts apply not only to participants in the EU financial market, but also to third countries, Russia needs to determine its position on this issue. A lag in the legal regulation of these issues can lead to serious losses for Russian legal entities offering financial services. The purpose of the study is to form an understanding of the principles of legal regulation of sustainable financing in the European Union based on an analysis of regulatory acts and scientific sources. The article uses General scientific methods of cognition: empirical methods of comparison, description, interpretation; theoretical methods of formal and dialectical logic. Private scientific methods were used: legal-dogmatic and the method of interpretation of legal norms. |
| first_indexed | 2024-12-12T19:53:55Z |
| format | Article |
| id | doaj.art-791a769de213419990792ca80784e582 |
| institution | Directory Open Access Journal |
| issn | 2313-2337 2408-9001 |
| language | English |
| last_indexed | 2024-12-12T19:53:55Z |
| publishDate | 2020-12-01 |
| publisher | Peoples’ Friendship University of Russia (RUDN University) |
| record_format | Article |
| series | RUDN Journal of Law |
| spelling | doaj.art-791a769de213419990792ca80784e5822022-12-22T00:13:56ZengPeoples’ Friendship University of Russia (RUDN University)RUDN Journal of Law2313-23372408-90012020-12-0124367369410.22363/2313-2337-2020-24-3-673-69419263THE NEW EUROPEAN UNION FINANCIAL MARKET ECOSYSTEM: DIGITALIZATION AND SUSTAINABILITYEvgenia E. Frolova0Peoples' Friendship University of Russia (RUDN University)The article is devoted to the analysis of a new concept - the ecosystem of the financial market of the European Union. It is proved that the new ecosystem of the financial market of the European Union, aimed at the priorities of "sustainable financing" has developed and become the objective reality of new public relations. In this regard, a comparative analysis of the above issues is of particular importance. The study showed that the European Union in December 2019 presented its vision of regulating a new ecosystem of the financial market: the cornerstones of this regulation were identified - the regulation on information disclosure, the regulation of low-carbon standards, the draft regulation on taxonomy. Given the fact that the above normative acts apply not only to participants in the EU financial market, but also to third countries, Russia needs to determine its position on this issue. A lag in the legal regulation of these issues can lead to serious losses for Russian legal entities offering financial services. The purpose of the study is to form an understanding of the principles of legal regulation of sustainable financing in the European Union based on an analysis of regulatory acts and scientific sources. The article uses General scientific methods of cognition: empirical methods of comparison, description, interpretation; theoretical methods of formal and dialectical logic. Private scientific methods were used: legal-dogmatic and the method of interpretation of legal norms.http://journals.rudn.ru/law/article/viewFile/24567/18585european union lawdigitalizationsustainable financingtaxonomyecosystem of the financial market |
| spellingShingle | Evgenia E. Frolova THE NEW EUROPEAN UNION FINANCIAL MARKET ECOSYSTEM: DIGITALIZATION AND SUSTAINABILITY RUDN Journal of Law european union law digitalization sustainable financing taxonomy ecosystem of the financial market |
| title | THE NEW EUROPEAN UNION FINANCIAL MARKET ECOSYSTEM: DIGITALIZATION AND SUSTAINABILITY |
| title_full | THE NEW EUROPEAN UNION FINANCIAL MARKET ECOSYSTEM: DIGITALIZATION AND SUSTAINABILITY |
| title_fullStr | THE NEW EUROPEAN UNION FINANCIAL MARKET ECOSYSTEM: DIGITALIZATION AND SUSTAINABILITY |
| title_full_unstemmed | THE NEW EUROPEAN UNION FINANCIAL MARKET ECOSYSTEM: DIGITALIZATION AND SUSTAINABILITY |
| title_short | THE NEW EUROPEAN UNION FINANCIAL MARKET ECOSYSTEM: DIGITALIZATION AND SUSTAINABILITY |
| title_sort | new european union financial market ecosystem digitalization and sustainability |
| topic | european union law digitalization sustainable financing taxonomy ecosystem of the financial market |
| url | http://journals.rudn.ru/law/article/viewFile/24567/18585 |
| work_keys_str_mv | AT evgeniaefrolova theneweuropeanunionfinancialmarketecosystemdigitalizationandsustainability AT evgeniaefrolova neweuropeanunionfinancialmarketecosystemdigitalizationandsustainability |