Financial Journal

p. 28-40

Authors: Alexey V. Moiseev, Diana K. Mashtakeeva, Petr N. Novikov

Association of financial market participants The Council for The Development of Professional Qualifications is a new structure designed to coordinate the activities of its members in the formation and support of functioning and development of the professional qualifications sectoral system in close collaboration with the Ministry of Finance of Russia and other engaged federal executive authorities. The article describes the basic principles underlying the association’s activities and its coordination, expert and advisory function. The experience of the Association, its Council, as a collegial management body can be used by other sectoral councils on vocational qualifications, especially after the adoption of the federal Law on the independent evaluation of qualifications.

p. 52-59

Authors: Tatiana I. Semkina, Alexey V. Sorokin

In recent years the role of property taxes in contributing to budget revenues have diminished. Analysis of practice shows that there are some shortages in the mechanism of applying these taxes. In the article we emphasize possibilities of revenue growth from these taxes.

p. 70-81

Authors: Olga V. Bogacheva, Oleg V. Smorodinov

The article contains analysis of properties of green bonds as the one of the popular financial instruments in transition of foreign economies to low-carbon and climate-resilient development. The article examines the history of the green bond market formation and focuses on the issues of standardization and labeling. The authors present a new green bonds classification based on the most recent international methodological sources. In addition, the authors he made a conclusion about viability of utilizing green bonds for fulfilling the tasks of green growth in the Russia’s economy.

p. 88-99

Authors: Roman S. Gubanov, Larisa V. Zhuravleva, Olga V. Korableva

The problem of an assessment of the inventions importance is an economic problem as only the small share of the patented inventions is realized in the market. At the same time the considerable share of programs of innovative development is based on use of patent rights. The article gives an example of determination of the patent use efficiency in case of introduction of a know-how. Authors present also a method of calculation of the integrated (discounted) income, which is taken out when using of the patent as the criterion of comparison of the results and innovative expenses at the innovative development programs implementation.

p. 111-117

Authors: Svetlana V. Krivoruchko, Valery A. Lopatin

The article considers the issues of smooth rendering of payment services and rapid growth of operational risks and money laundering and terrorism financing risks resulting from wide utilization of electronic means of payment as well as the problem of reducing the bank and non-bank credit institutions share market resulting from expansion of the alternative payment service systems using “money substitutes”. The ways to solve problems are proposed by the authors as well.