Investment platform as a modern financial tool for attracting private investment in mortgages in Russia

2021 ◽  
pp. 102-110
Author(s):  
О.В. Жукова
Keyword(s):  
Real Estate ◽  
Private Investment ◽  
Securities Market ◽  
Business Activity ◽  
Federal Law ◽  
Resource Investment ◽  
Digital Resource ◽  
Investment Opportunities ◽  
The Russian Federation ◽  
Private Investors

В России с 01.01.2020 года изменились инвестиционные возможности частных инвесторов. Вступил в силу федеральный закон №259-ФЗ «О привлечении инвестиций с использованием инвестиционных платформ и о внесении изменений в отдельные законодательные акты Российской Федерации», который систематизировал платформенные решения для инвестиций онлайн в единый цифровой ресурс «Инвестиционная платформа». Частным инвесторам предоставляются государственные гарантии в части действия финансового механизма, тогда как предпринимательские риски они несут самостоятельно. В статье автор рассмотрит возможности частных инвесторов составить конкуренцию банкам в качестве первичных кредиторов в недвижимость, и конкретно, инвестировать собственные средства в ипотеку на приобретение недвижимости. Это ещё один шаг к секьюритизации ипотечных активов. Рынок ценных бумаг характеризует деловую активность инвесторов, а ипотека должна стать ещё доступнее для граждан. In Russia, since 01.01.2020, the investment opportunities of private investors have changed. Federal Law No. 259-FZ «On attracting investments using investment Platforms and on Amendments to Certain Legislative Acts of the Russian Federation» has entered into force, which systematized platform solutions for online investments into a single digital resource «Investment Platform». Private investors are provided with state guarantees regarding the operation of the financial mechanism, while they bear the business risks themselves. In the article, the author will consider the possibilities of private investors to compete with banks as primary lenders in real estate, and specifically, to invest their own funds in a mortgage for the purchase of real estate. This is another step towards the securitization of mortgage assets. The securities market characterizes the business activity of investors, and mortgages should become even more accessible to citizens.

Distribution of Individual Investment Accounts in the Regions of the Russian Federation

2021 ◽  
pp. 189-207
Author(s):  
Karina A. Ivanova ◽  
Keyword(s):  
Russian Federation ◽  
National Economy ◽  
Private Investment ◽  
Securities Market ◽  
Moscow Oblast ◽  
Domestic Investment ◽  
Working Age ◽  
The Russian Federation ◽  
Private Investors ◽  
Investment Process

The article examines the features of distribution of a new investment instrument for the country – individual investment accounts (IIAs) – in the regions of Russia in 2015–2019. The author believes that the introduction of IIAs as an instrument for private investment in the domestic financial market was associated with the need to more actively attract domestic investment to the national economy when access to external financing was seriously limited. The article analyzes data on the number of open and declared individual investment accounts of types A and B in Russia, draws conclusions about regional imbalances in their development, identifies leading and outsider regions, and outlines the prospects for further research of the problem. IIAs are a completely new and one of the “youngest” financial and investment instruments on the Russian securities market. The emergence of IIAs as an instrument for private investment in the securities market was seen as a significant increase in the openness of the Russian stock market for private investors and as a promising way to attract domestic investment in the national economy of Russia. IIA is an excellent opportunity to diversify one’s investments; however, simple calculations show that the percentage of funds recoverable from the amount of assets on the IIA is significantly small. Summarizing the results of the comparative analysis, it can be stated that at the moment IIAs have not yet become a widespread and massive instrument in Russia for attracting domestic investment to the country’s economy. Today, only 0.07% of the working-age population of the Russian Federation owns such accounts. There are regions with only single cases of opening and declaring IIAs by citizens, and some regions do not have a single IIA opened during the five years of this instrument’s existence on the market. In general, the IMS market is characterized by significant imbalances. Against the background of outsider regions, there are also leading regions in which the opening of IIAs has become a fairly widespread phenomenon. These are the Central and Volga Federal Districts, and among the constituent entities of the federation are Moscow, Moscow Oblast, and Tatarstan. One of the pressing problems today is identifying the reasons for the existence of such disproportions and taking measures to popularize IIAs as an instrument for internal investment in Russia, especially in the regions that are outsiders of the investment process.

scholarly journals JUSTIFICATION OF RISK MANAGEMENT IN VIRTUAL SECURITIES TRANSACTIONS

2018 ◽  
pp. 20-22
Author(s):  
M. V. Sokolovsky ◽  
I. V. Tselikhina
Keyword(s):  
Risk Management ◽  
Financial Stability ◽  
Virtual Work ◽  
Stock Exchange ◽  
Private Investment ◽  
Securities Market ◽  
Present Stage ◽  
Private Investors ◽  
Financial Losses

The article explores the specific risks that accompany online securities transactions. Private investors are focused on speculative operations, long-term investments are unpopular. This increases the risk and forms the need for risk management. The article attempts to analyze the risk management system of virtual work of Internet brokers on the stock exchange. The emphasis has been shifted specifically to private investment, since this block is one of the most promising for the development of the securities market at the present stage. The purpose of risk management in the system of Internet trading in securities is positioned in the article, primarily as a reduction of financial losses, and then ensuring the financial stability and reliability of the system for the client.

Investment in education: the experience of the Russian Federation

2021 ◽  
pp. 234-241
Author(s):  
Зина Абдуловна Арсаханова
Keyword(s):  
Higher Education ◽  
Russian Federation ◽  
Federal Budget ◽  
Private Investment ◽  
State Funding ◽  
Educational Institutions ◽  
Federal Law ◽  
External Effects ◽  
Administrative Management ◽  
The Russian Federation

Под инвестициями в образование мы понимаем финансовые, имущественные, интеллектуальные и другие ресурсы, которые способствуют развитию образования и повышения ее конкурентоспособности, а следовательно, и конкурентоспособности нашего государства. Проанализировав Федеральный Закон «О Федеральном Бюджете» можно сделать вывод о том, что механизм инвестиционного обеспечения высшего образования в РФ пока развит слабо, что проявляется в фактически полной зависимости вузов от государственного финансирования, объемы которого очень ограниченны особенно в условиях пост-ковидного кризиса. В условиях снижения количества бюджетных средств в обеспечении деятельности высшего образования особую важность приобретает постоянное стимулирование частных инвестиций и поиск дополнительных источников финансирования. Средства отдельных юридических и физических лиц могут быть существенным дополнительным источником развития высших учебных заведений, одновременно влияя на хозяйственные операции в целом в виде повышения уровня  образования в стране и порождения других положительных экстернальных эффектов. Но при установленной фиксированной оплате за обучение для отдельных физических лиц в вузах качество, вариативность и инновационность образовательных услуг определяется не постоянными инвестиционными вливаниями, а имеющимся административным руководством, его стратегией и тактикой деятельности и особенностью функционирования данного заведения в целом. By investment in education, we mean financial, property, intellectual and other resources that contribute to the development of education and increase its competitiveness, and therefore the competitiveness of our state. Having analyzed the Federal Law "On the Federal Budget", we can conclude that the mechanism of investment support for higher education in the Russian Federation is still poorly developed, which is manifested in the virtually complete dependence of universities on state funding, the volume of which is very limited, especially in the conditions of the post-covid crisis. In the context of a decrease in the amount of budget funds in ensuring the activities of higher education, it is of particular importance to constantly stimulate private investment and search for additional sources of financing. The funds of individual legal entities and individuals can be a significant additional source of development of higher educational institutions, while simultaneously influencing economic operations in general in the form of increasing the level of education in the country and generating other positive external effects. But with a fixed tuition fee for individual individuals at universities, the quality, variability and innovation of educational services is determined not by constant investment injections, but by the existing administrative management, its strategy and tactics of activity and the specifics of the functioning of this institution as a whole.

LEGAL ASSESSMENT OF THE FEDERAL LAW "ON PROTECTION AND PROMOTION OF CAPITAL INVESTMENTS IN THE RUSSIAN FEDERATION"

2021 ◽  
pp. 135-140
Author(s):  
Olga A. Zykova ◽  
Keyword(s):  
Russian Federation ◽  
Investment Project ◽  
Private Investment ◽  
Capital Investments ◽  
Investment Climate ◽  
Federal Law ◽  
Russian Economy ◽  
Private And Public ◽  
The Russian Federation ◽  
Investment Law

The growing issue of attracting private investment in the Russian economy from year to year gave rise to the development of new measures of support from the state in relation to organizations implementing an investment project, which also form the most favorable investment climate in the country. Such preferences, which consist in a stabilization clause, are contained in the new Federal Law No. 69-FZ of 01.04.2020 “On Protection and Promotion of Capital Investments in the Russian Federation”. However, based on the conducted research, it is concluded that there are a number of legal imperfections, which are expressed in a number of conditions, non-compliance with which entails the inadmissibility of concluding an agreement on the protection and promotion of investment between a private and public person. At the same time, those provisions are so unattainable, infringing and limiting that the question of the expediency of the analyzed investment law will be justified. That is why proposals were made to adjust the rules, which would allow widening the range of persons entitled to state support and thereby attract their capital as an investment in the Russian economy – that is, to achieve the goals originally set.

Private investment in residential real estate viewed through personal behavioral traits of the agent: Evidence from St. Petersburg

2021 ◽  
Vol 27 (3) ◽  
pp. 627-648
Author(s):  
Ella Yu. PAVEL'EVA
Keyword(s):  
Real Estate ◽  
Professional Training ◽  
Consumer Preferences ◽  
Investment Decision ◽  
Private Investment ◽  
Residential Property ◽  
Individual Investors ◽  
Residential Real Estate ◽  
Consumer Interests ◽  
Private Investors

Subject. Professional training of decision-makers influences investment decision private or individual investors make. Decisions on real estate investment are subject to biased consumer preferences resulting from investment or consumer interests. Hence, choosing a residential real estate item to purchase/rent, future buyers have their own psychological and emotional opinion on values. Objectives. I provide my own interpretation of residential real estate appraised by the private investor, considering their psychological and emotional traits. Methods. I applied general scientific and special methods of research to study the residential real estate appraisal, such as the retrospective, systems and functional-structural analysis, observation, classification, instrumental techniques for grouping, sampling, comparison and generalization, evolutionary and dynamic analysis, surveys and sorting out of the findings. Results. Private investors make choices, referring to their own personal trains, such as behavior, personal beliefs and values. I suggest considering the market segmentation on the basis of value-based method and evaluating the given segment. I tested the technique, referring to the Saint-Petersburg market of real estate. Various social groups of private investors were found to choose different residential properties and have different priorities in choosing an apartment for purchase or rent. They have greater expectations about the quality of rented housing than a residential property item to be purchased for their own use. Conclusions and Relevance. I investigated the relationship of investors’ behavior and investment lucrativeness of a residential property item. I discovered key aspects of lucrativeness for investors and provide guidelines for coordination of investors’ choices in line with their personal preferences.

scholarly journals LEGAL REGULATION OF REAL ESTATE USE IN THE RUSSIAN FEDERATION

2019 ◽  
Vol 3 (2) ◽  
pp. 195-200
Author(s):  
Anastasia Shinkovskaia ◽  
Liliya Chilinger
Keyword(s):  
Real Estate ◽  
Russian Federation ◽  
Legal Status ◽  
Central Place ◽  
Legal Regulation ◽  
Land Law ◽  
Federal Law ◽  
The Russian Federation

The central place in the presented article is given to the sphere of legal regulation and changes in the permitted use of real estate in the Russian Federation. We study the basic legal acts, as well as innovations proposed for consideration of the draft Federal Law N 496293-7. In addition, the issues addressed relate to the related legal status of real estate. Concrete examples are given to illustrate the interdepartmental dissociation of government bodies and the problems of variation in the interpretation of land law. In conclusion, a list of measures necessary for making decisions for the problems identified is given.

scholarly journals Implementation of the “dacha” law on agricultural lands and lands of populated areas

2019 ◽  
Vol 110 ◽  
pp. 02118
Author(s):  
Natalya Cherezova ◽  
Irina Guzeva ◽  
Alevtina Shirokova
Keyword(s):  
Real Estate ◽  
Russian Federation ◽  
Residential Buildings ◽  
Residential Area ◽  
Federal Law ◽  
Agricultural Lands ◽  
The Status ◽  
The Russian Federation ◽  
Area Development

Since January 1, 2019, Federal Law No.217 dated July 29, 2018 “On the introduction by citizens of gardening and gardening for their own needs and on amending certain legislative acts of the Russian Federation” (hereinafter referred to as Law No.217). Changes that occurred with gardening and dacha plots in connection with the adoption of the new federal law caused a number of problems with its implementation. This law has caused a big resonance among citizens, and among management structures, and among the community of cadastral engineers. Land plots that are located in the dacha and garden associations now fall into the development areas of individual and low-rise residential buildings, blocked residential area development. And houses on these sites can acquire the status of individual houses. In this regard, there will be and will arise many questions and problems with the use and management of territories and the registration of rights to real estate.

scholarly journals DIRECTIONS OF INTERACTION MECHANISMS DEVELOPMENT BETWEEN DEVELOPERS AND STATE AUTHORITIES WHEN WORKING WITH PARTICIPANTS OF EQUITY CONSTRUCTION

2020 ◽  
pp. 164-174
Author(s):  
Софья Викторовна Анисимова
Keyword(s):  
Real Estate ◽  
Russian Federation ◽  
The State ◽  
Market Regulation ◽  
Federal Law ◽  
Interaction Mechanisms ◽  
Construction Market ◽  
Shared Equity ◽  
The Russian Federation ◽  
Further Development

Цель статьи - выявить механизмы взаимодействия государства и застройщиков при работе в рамках действия Федерального закона «Об участии в долевом строительстве многоквартирных домов и иных объектов недвижимости и о внесении изменений в некоторые законодательные акты Российской Федерации» от 30.12.2004 N 214-ФЗ. Научная новизна исследования - разработка предложений по дальнейшему развитию указанных механизмов на основе результатов анализа обнаруженных групп проблем, с которыми сталкиваются застройщики в настоящее время в процессе реализации своих функций. Автором сформирован перечень направлений по вопросам совершенствования механизмов регулирования рынка строительства и взаимодействия застройщиков с органами государственной власти. The article considers the mechanisms of interaction between the state and builders during the work within the implementation of the Federal law «on Participation in Shared-equity Construction of Apartment Houses and Other Real Estate Objects and Introduction of Amendments to Some Acts of the Russian Federation» dated back to 30.12.2004 N 214-FZ. The aim of the study is to develop proposals for the further development of these mechanisms. The results of the analysis identify the groups of problems that developers currently face in the process of carrying out their functions. The author has formed a list of mechanisms improvement of the construction market regulation and interaction between developers and state authorities.

scholarly journals Entering information about the security zone of the main gas pipeline into the Unified State Register of Real Estate

2021 ◽  
Vol 5 (1) ◽  
pp. 48-62
Author(s):  
N. G. Ovchinnikova ◽  
◽  
D. A. Medvedkov ◽  
Keyword(s):  
Real Estate ◽  
Russian Federation ◽  
Legal Status ◽  
Gas Pipeline ◽  
Federal Law ◽  
Legal Norms ◽  
State Register ◽  
The Status ◽  
The Russian Federation ◽  
Main Gas Pipeline

The article discusses the process of preparing the location description of the protected zone boundaries of the main gas pipeline for the subsequent entry of information about it in the Unified State Register of Real Estate. In 2018, the regulation of the legal status of zones with special use of the territory was based on Federal Law No. 342 "On Amendments to the Urban Planning Code of the Russian Federation and Certain Legislative Acts of the Russian Federation". Previously, the status of the zones studied in the work was regulated by legal acts, which often made it difficult to apply the legal norms related to them. The authors describe this process in detail, starting with the coordination of the object itself and ending with the result of the work, paying attention to the subtleties of the process and emphasizing the existing shortcomings.

Institutional environment creating for attracting investment into infrastructure: The cases of Russian regions

2019 ◽  
pp. 134-157 ◽  
Author(s):  
G. A. Borshchevskiy
Keyword(s):  
Institutional Environment ◽  
Private Investment ◽  
Infrastructure Development ◽  
Russian Regions ◽  
Development Indicators ◽  
The Russian Federation ◽  
The Behavior Of Government ◽  
The City ◽  
Nenets Autonomous ◽  
Practical Recommendations

The article examines the institutional process in a regional economy connected with the infrastructure development. We use the neoinstitutional approach to study factors that influence the behavior of government and business in their interaction in the economy. We also use statistical methods to analyze the dynamics of socio-economic development indicators of the subjects of the Russian Federation as well as the results of measures to attract private investment into infrastructure, including the PPP. We chose the city of Moscow and the Yamalo-Nenets Autonomous District as two empirical case studies which differ in economic and geographic conditions, but both demonstrate success in attracting private investment and implementing infrastructure projects. Our conclusions are consistent with a theory that asserts the primacy of institutional environment in relation to project implementation. We make also some practical recommendations for the development of the institutional environment which are acceptable for all regions solving similar problems of infrastructure development.

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