Financial market of the Russian Federation: concept, main vectors of development

The article considers the financial market as a set of monetary relations that ensure the accumulation, redistribution and investment of funds. The author lists its elements, provides a list of regulatory legal acts regulating relations in certain areas of the financial market and so on. Analysis of the acts of the Central Bank of the Russian Federation as a mega-regulator of financial markets allows us to identify five main directions of financial market development in the near future. The author also consistently reveals the tasks that need to be solved for the implementation of each direction, and author’s comments are given. In conclusion, the relevant research conclusions are formulated.