PARTNERSHIP FINANCE AS AN ALTERNATIVE BUSINESS-MODEL OF FINANCING

Introduction. The article analyzes the interim results of the implementation of the experiment on partner financing in accordance with Federal Law No. 417-FZ dated August 4, 2023 “On conducting an experiment to establish special regulation in order to create the necessary conditions for the implementation of partner financing activities in certain subjects of the Russian Federation and on amendments to certain legislative acts of the Russian Federation”. In the context of increasing sanctions pressure, the role of partner financing as another source of resources for the economic development of the country is increasing.
Materials and methods. The work uses the following general scientific and special methods of cognition: the method of system-structural analysis, synthesis, induction, deduction, comparative-legal and formal-legal method.
Research results. The current stage of development of the institute of partner financing was marked by the adoption of a number of basic documents legalizing the creation and development of partner financing in Russia, in particular Federal Law No. 417-FZ "On conducting an experiment ...", which, setting out the basic requirements for participants in the experiment, contains a number of unresolved issues (dispute resolution in the field of partner financing and compliance with legislation on countering the legalization (laundering) of proceeds from crime, etc.). The past year has demonstrated a certain growth of organizations registered in the Register of the Bank of Russia, the volume of transactions for the first half of 2024 amounted to 5.4 billion rubles and revealed a number of problems hindering the development of partner financing in Russia.
Discussion and conclusion. A number of problems can be noted during the implementation of the experiment on partnership financing: low rates of registration of participants in the experiment and the territorial heterogeneity of the creation of such organizations; so far, financial products of partnership financing are more expensive and, accordingly, less competitive compared to classical banking products; a fairly small list of financial products offered; insufficient awareness and financial literacy of the population and business in the field of partner finance, etc. Measures to improve the legal support for partner financing are proposed. Partnership financing should be considered as a prospective alternative business model that will expand the list of financial products offered, attract new participants and investments in the country's economy. and as an instrument for the strategic direction of the development of international cooperation with Islamic countries.

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