INSURANCE REGULATION IN THE RUSSIAN FEDERATION AND EURASEC MEMBER COUNTRIES

The paper discusses the ways of rapprochement of insurance legislations of EurAsEC Member States. It evaluates the role of unification and harmonization in this process. When considering the unification, the author pays attention to legal mechanisms of its two stер implementation. Also, the author c...

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Main Author: I. V. Putilin
Format: Article
Language:Russian
Published: Government of the Russian Federation, Financial University 2017-10-01
Series:Финансы: теория и практика
Subjects:
Online Access:https://financetp.fa.ru/jour/article/view/418
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author I. V. Putilin
author_facet I. V. Putilin
author_sort I. V. Putilin
collection DOAJ
description The paper discusses the ways of rapprochement of insurance legislations of EurAsEC Member States. It evaluates the role of unification and harmonization in this process. When considering the unification, the author pays attention to legal mechanisms of its two stер implementation. Also, the author considers the role and importance of harmonization and unification of insurance sources in the EurAsEC member states in terms of their rapprochement. Based on the analysis of the unification and harmonization category, it is suggested to adopt the EurAsEC Treaty on the insurance and the Model Code with the aim to use their provisions in national legal systems of member states. The current law tries to meet the challenges of the day in the field of international insurance business; it looks for ways and means to optimize regulation of legal and economic activities and at the same time to respect national legislations. The whole process is proceeding towards unification of regulatory documents with further uniform regulation within the economic union.
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institution Kabale University
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publisher Government of the Russian Federation, Financial University
record_format Article
series Финансы: теория и практика
spelling doaj-art-a883d37247ab4a30b0a700d2efb7f4c62025-08-20T03:35:19ZrusGovernment of the Russian Federation, Financial UniversityФинансы: теория и практика2587-56712587-70892017-10-0120312312510.26794/2587-5671-2016-20-3-123-125455INSURANCE REGULATION IN THE RUSSIAN FEDERATION AND EURASEC MEMBER COUNTRIESI. V. Putilin0Financial UniversityThe paper discusses the ways of rapprochement of insurance legislations of EurAsEC Member States. It evaluates the role of unification and harmonization in this process. When considering the unification, the author pays attention to legal mechanisms of its two stер implementation. Also, the author considers the role and importance of harmonization and unification of insurance sources in the EurAsEC member states in terms of their rapprochement. Based on the analysis of the unification and harmonization category, it is suggested to adopt the EurAsEC Treaty on the insurance and the Model Code with the aim to use their provisions in national legal systems of member states. The current law tries to meet the challenges of the day in the field of international insurance business; it looks for ways and means to optimize regulation of legal and economic activities and at the same time to respect national legislations. The whole process is proceeding towards unification of regulatory documents with further uniform regulation within the economic union.https://financetp.fa.ru/jour/article/view/418insuranceeurasian economic union (eurasec)model insurance codelegal regulationunificationharmonization
spellingShingle I. V. Putilin
INSURANCE REGULATION IN THE RUSSIAN FEDERATION AND EURASEC MEMBER COUNTRIES
Финансы: теория и практика
insurance
eurasian economic union (eurasec)
model insurance code
legal regulation
unification
harmonization
title INSURANCE REGULATION IN THE RUSSIAN FEDERATION AND EURASEC MEMBER COUNTRIES
title_full INSURANCE REGULATION IN THE RUSSIAN FEDERATION AND EURASEC MEMBER COUNTRIES
title_fullStr INSURANCE REGULATION IN THE RUSSIAN FEDERATION AND EURASEC MEMBER COUNTRIES
title_full_unstemmed INSURANCE REGULATION IN THE RUSSIAN FEDERATION AND EURASEC MEMBER COUNTRIES
title_short INSURANCE REGULATION IN THE RUSSIAN FEDERATION AND EURASEC MEMBER COUNTRIES
title_sort insurance regulation in the russian federation and eurasec member countries
topic insurance
eurasian economic union (eurasec)
model insurance code
legal regulation
unification
harmonization
url https://financetp.fa.ru/jour/article/view/418
work_keys_str_mv AT ivputilin insuranceregulationintherussianfederationandeurasecmembercountries