{"id":"https://openalex.org/W7224929607","doi":"https://doi.org/10.12737/1998-0701-2026-12-10-10-16","title":"Mandatory audit of issuers of digital financial assets: a regulatory gap and ways to eliminate it","display_name":"Mandatory audit of issuers of digital financial assets: a regulatory gap and ways to eliminate it","publication_year":2026,"publication_date":"2026-10-30","ids":{"openalex":"https://openalex.org/W7224929607","doi":"https://doi.org/10.12737/1998-0701-2026-12-10-10-16"},"language":"en","primary_location":{"id":"doi:10.12737/1998-0701-2026-12-10-10-16","doi":"https://doi.org/10.12737/1998-0701-2026-12-10-10-16","is_oa":true,"landing_page_url":"https://doi.org/10.12737/1998-0701-2026-12-10-10-16","pdf_url":"https://cbr.ru/Collection/Collection/File/43872/ar_2022.pdf","source":{"id":"https://openalex.org/S4210226233","display_name":"Auditor","issn_l":"1998-0701","issn":["1998-0701"],"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":["russia-white-list-2"],"host_organization":"https://openalex.org/P4324001544","host_organization_name":"Infra-M Academic Publishing House","host_organization_lineage":["https://openalex.org/P4324001544"],"host_organization_lineage_names":["Infra-M Academic Publishing House"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Auditor","raw_type":"journal-article"},"volume":null,"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":true,"oa_status":"bronze","oa_url":"https://cbr.ru/Collection/Collection/File/43872/ar_2022.pdf","any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5160168072","display_name":"Aleksey Arhipov","orcid":null,"observed_orcids":[]},"institutions":[],"countries":[],"is_corresponding":true,"raw_author_name":"Aleksey Arhipov","raw_affiliation_strings":[],"raw_orcid":null,"affiliations":[]}],"institutions":[],"countries_distinct_count":0,"institutions_distinct_count":0,"corresponding_author_ids":["https://openalex.org/A5160168072"],"corresponding_institution_ids":[],"apc_list":null,"apc_paid":null,"fwci":0.0,"has_fulltext":true,"cited_by_count":0,"citation_normalized_percentile":{"value":0.89710024,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":null,"biblio":{"volume":"12","issue":"10","first_page":"10","last_page":"16"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T13475","display_name":"Digital Transformation in Law","score":0.34689998626708984,"subfield":{"id":"https://openalex.org/subfields/2000","display_name":"General Economics, Econometrics and Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T13475","display_name":"Digital Transformation in Law","score":0.34689998626708984,"subfield":{"id":"https://openalex.org/subfields/2000","display_name":"General Economics, Econometrics and Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11995","display_name":"FinTech, Crowdfunding, Digital Finance","score":0.18490000069141388,"subfield":{"id":"https://openalex.org/subfields/1404","display_name":"Management Information Systems"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T14317","display_name":"Finance, Markets, and Regulation","score":0.08070000261068344,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/mandatory-audit","display_name":"mandatory audit","score":0.8080000281333923},{"id":"https://openalex.org/keywords/digital-financial-assets","display_name":"digital financial assets","score":0.996999979019165},{"id":"https://openalex.org/keywords/regulatory-asymmetry","display_name":"regulatory asymmetry","score":0.7789999842643738},{"id":"https://openalex.org/keywords/bond-market-regulation","display_name":"bond market regulation","score":0.7009999752044678},{"id":"https://openalex.org/keywords/financial-statement-audit","display_name":"financial statement audit","score":0.6079999804496765},{"id":"https://openalex.org/keywords/investor-protection","display_name":"investor protection","score":0.7139999866485596},{"id":"https://openalex.org/keywords/financial-literacy","display_name":"financial literacy","score":0.6140000224113464},{"id":"https://openalex.org/keywords/yield-spreads","display_name":"yield spreads","score":0.9369999766349792}],"concepts":[{"id":"https://openalex.org/C138170105","wikidata":"https://www.wikidata.org/wiki/Q1337949","display_name":"Issuer","level":2,"score":0.7200999855995178},{"id":"https://openalex.org/C199521495","wikidata":"https://www.wikidata.org/wiki/Q181487","display_name":"Audit","level":2,"score":0.6832000017166138},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.6459000110626221},{"id":"https://openalex.org/C121955636","wikidata":"https://www.wikidata.org/wiki/Q4116214","display_name":"Accounting","level":1,"score":0.59579998254776},{"id":"https://openalex.org/C129361004","wikidata":"https://www.wikidata.org/wiki/Q2470236","display_name":"Profitability index","level":2,"score":0.49219998717308044},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.3986000120639801},{"id":"https://openalex.org/C2909264111","wikidata":"https://www.wikidata.org/wiki/Q740419","display_name":"Financial Audit","level":3,"score":0.34389999508857727},{"id":"https://openalex.org/C191654821","wikidata":"https://www.wikidata.org/wiki/Q247506","display_name":"Financial instrument","level":2,"score":0.3352999985218048},{"id":"https://openalex.org/C19244329","wikidata":"https://www.wikidata.org/wiki/Q208697","display_name":"Financial market","level":2,"score":0.3352000117301941},{"id":"https://openalex.org/C69738904","wikidata":"https://www.wikidata.org/wiki/Q11693","display_name":"Bond","level":2,"score":0.3346000015735626},{"id":"https://openalex.org/C197142791","wikidata":"https://www.wikidata.org/wiki/Q540626","display_name":"Bond market","level":2,"score":0.3294999897480011},{"id":"https://openalex.org/C137577040","wikidata":"https://www.wikidata.org/wiki/Q431965","display_name":"Information asymmetry","level":2,"score":0.29019999504089355},{"id":"https://openalex.org/C73283319","wikidata":"https://www.wikidata.org/wiki/Q1416617","display_name":"Financial system","level":1,"score":0.27900001406669617},{"id":"https://openalex.org/C130731218","wikidata":"https://www.wikidata.org/wiki/Q1363554","display_name":"Financial analysis","level":2,"score":0.2782000005245209},{"id":"https://openalex.org/C510755694","wikidata":"https://www.wikidata.org/wiki/Q281095","display_name":"Financial regulation","level":2,"score":0.2750000059604645},{"id":"https://openalex.org/C98014903","wikidata":"https://www.wikidata.org/wiki/Q832161","display_name":"Financial ratio","level":2,"score":0.25920000672340393},{"id":"https://openalex.org/C178633814","wikidata":"https://www.wikidata.org/wiki/Q4218461","display_name":"Accredited investor","level":2,"score":0.2524000108242035}],"mesh":[],"locations_count":1,"locations":[{"id":"doi:10.12737/1998-0701-2026-12-10-10-16","doi":"https://doi.org/10.12737/1998-0701-2026-12-10-10-16","is_oa":true,"landing_page_url":"https://doi.org/10.12737/1998-0701-2026-12-10-10-16","pdf_url":"https://cbr.ru/Collection/Collection/File/43872/ar_2022.pdf","source":{"id":"https://openalex.org/S4210226233","display_name":"Auditor","issn_l":"1998-0701","issn":["1998-0701"],"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":["russia-white-list-2"],"host_organization":"https://openalex.org/P4324001544","host_organization_name":"Infra-M Academic Publishing House","host_organization_lineage":["https://openalex.org/P4324001544"],"host_organization_lineage_names":["Infra-M Academic Publishing House"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Auditor","raw_type":"journal-article"}],"best_oa_location":{"id":"doi:10.12737/1998-0701-2026-12-10-10-16","doi":"https://doi.org/10.12737/1998-0701-2026-12-10-10-16","is_oa":true,"landing_page_url":"https://doi.org/10.12737/1998-0701-2026-12-10-10-16","pdf_url":"https://cbr.ru/Collection/Collection/File/43872/ar_2022.pdf","source":{"id":"https://openalex.org/S4210226233","display_name":"Auditor","issn_l":"1998-0701","issn":["1998-0701"],"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":["russia-white-list-2"],"host_organization":"https://openalex.org/P4324001544","host_organization_name":"Infra-M Academic Publishing House","host_organization_lineage":["https://openalex.org/P4324001544"],"host_organization_lineage_names":["Infra-M Academic Publishing House"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Auditor","raw_type":"journal-article"},"sustainable_development_goals":[],"study_designs":[],"awards":[],"funders":[],"has_content":{"pdf":true,"grobid_xml":true},"content_urls":{"pdf":"https://content.openalex.org/works/W7224929607.pdf","grobid_xml":"https://content.openalex.org/works/W7224929607.grobid-xml"},"referenced_works_count":0,"referenced_works":[],"related_works":["https://openalex.org/W4403646026","https://openalex.org/W4410898884","https://openalex.org/W7155635326","https://openalex.org/W4399648808","https://openalex.org/W4320024928","https://openalex.org/W7162545200","https://openalex.org/W7196944585","https://openalex.org/W7223670672","https://openalex.org/W7153629427","https://openalex.org/W7217553043"],"abstract_inverted_index":{"The":[0,31,160],"article":[1,161],"is":[2,68,145,162],"devoted":[3],"to":[4,42,164],"the":[5,11,16,34,40,74,77,80,86,91,99,106,109,113,122,129,137,150,153,156,167],"problem":[6],"of":[7,24,49,76,79,88,93,96,101,124,128,139,152,158,169,175],"regulatory":[8],"asymmetry":[9],"between":[10],"classic":[12],"bond":[13,64],"market":[14,21],"and":[15,98,155,173],"digital":[17,176],"financial":[18,29,94,131,170],"assets":[19],"(DFAs)":[20],"in":[22,51,105,166],"terms":[23],"requirements":[25],"for":[26,63,121,136,142],"auditing":[27,141],"issuers'":[28],"statements.":[30],"paper":[32],"substantiates":[33],"thesis":[35],"that":[36,112],"DFAs":[37,82,103,143],"issuers,":[38],"having":[39],"opportunity":[41],"attract":[43],"funds":[44],"from":[45,59,85],"a":[46],"wide":[47],"range":[48],"investors,":[50],"particular,":[52],"individuals,":[53],"including":[54],"unqualified":[55],"ones,":[56],"are":[57],"exempt":[58],"mandatory":[60,140],"audit,":[61],"whereas":[62],"issuers":[65,144],"this":[66],"procedure":[67],"an":[69,125],"absolute":[70],"requirement.":[71],"Based":[72],"on":[73,90],"analysis":[75],"dynamics":[78],"Russian":[81,107],"market,":[83,108],"data":[84],"Bank":[87],"Russia":[89],"level":[92,100],"literacy":[95],"investors":[97,120],"average":[102],"profitability":[104],"author":[110],"concludes":[111],"existing":[114],"yield":[115],"spread":[116],"does":[117],"not":[118],"compensate":[119],"lack":[123],"independent":[126],"assessment":[127],"issuer's":[130],"health.":[132],"A":[133],"differentiated":[134],"model":[135],"introduction":[138],"proposed,":[146],"taking":[147],"into":[148],"account":[149],"volume":[151],"issue":[154],"category":[157],"investors.":[159],"addressed":[163],"researchers":[165],"field":[168],"law,":[171],"audit":[172],"regulation":[174],"assets.":[177]},"counts_by_year":[],"updated_date":"2026-11-05T12:25:35.769452","created_date":"2026-10-31T00:00:00"}
