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Self -regulation … what, why and why?

31.01.2019

The legislation of the Russian Federation defines the concept of self -regulatory organizations as entities engaged in professional or entrepreneurial activities that develop and establish the rules and standards of this activity and monitor the implementation of the requirements determined by these rules and standards. The introduction of self -regulation conveys the functions of monitoring the activities of subjects in certain professional areas, as well as responsibility for their actions on the market participants themselves. In the future, the existence of such organizations will minimize the participation of state bodies in the activities of market participants and maintain the responsibility of entrepreneurs to the consumer. Self -regulation also ensures improving the quality of services and products, since self -regulatory organizations (SRO) can establish their quality and safety standards to increase the competitiveness of their participants. Self -regulatory organizations are an indicator of the complication of economic relations and exist in one form or another throughout history. One example of determining the standards of professional activity is the oath of Hippocrates for doctors. Estate corporations, workshop organizations, guilds of merchants – all these are historical examples of self -regulatory organizations. Since 1864, in Russia, such self -regulatory associations have officially existed as a bar and a college of lawyers, the membership of which was mandatory and according to the later laws of the USSR. Similar ideas are laid down in the activities of notarial chambers, as well as exchange committees.

In the latest history of Russia, self -regulatory organizations appeared in the legislation in 1995, when the actions of participants in stock markets and securities markets were regulated. The activities of self -regulatory organizations in the field of non -state pension and investment funds, housing cooperatives, evaluation activities, and cadastral engineering were also regulated by legal industry acts. In 2007, the law “On self -regulatory organizations” was adopted, which was the beginning of the active development of self -regulation processes in all sectors of the economy.

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At the moment, the legislation defines the spheres of professional activity, for whose subjects are mandatory membership in the SRO. These are arbitration managers, participants in the audit, credit cooperation, evaluation activities, the activities of revision unions in agricultural cooperatives, engineering surveys, architectural and construction design, construction, energy survey and heat supply. In the future, the legislative expansion of the areas of compulsory self -regulation is planned. In addition to mandatory membership in SRO, participants in other activities can be united in self -regulatory organizations on a voluntary basis.

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