On September, the 1st, 2013, the Bank of Russia became a mega-regulator of the Russian financial market. Special attention the Bank of Russia traditionally pays to banking regulation and supervision. According to the opinion of E.S. Nabiullina, the bank should continue tightening banking regulation and supervision for the purpose of rehabilitation of the banking sector and en hance its credibility among the population. Dur i ng last th ree years the pol icy towards tig htening banking regulation and supervision was the priority for the Bank of Russia. In this regard, it becomes important not only quantitative, but also a qualitative analysis of the Bank of Russia actions in the field of banking regulation and supervision.