doctor of jurisprudence, professor
The article analyzes the provisional function of self-regulation by the example of auditing and arbitration management. The elements of this function are the liability insurance and compensation fund. It is proved that in the field of auditing provisional function is purely nominal, since the mechanism of its implementation is not defined by law, in the field of arbitration management this function is distorted by the Federal Law “On Insolvency (Bankruptcy)”.
Keywords: self-regulation, auditor, trustee in bankruptcy, provisional function of self-regulation, liability insurance, compensation fund.