Abstract
<jats:p>The relevance of this scientific research lies in constructing effective legal foundations for regulating relations arising from insolvency (bankruptcy). The aim of the study is to identify the place and role of financial law norms in regulating insolvency (bankruptcy) relations and develop proposals aimed at improving the legal regulation of these relations. The main methods used in the research were analysis and dialectical cognition methods. To achieve the set goal, an analysis was conducted on legislative acts concerning insolvency (bankruptcy), legal positions of the Constitutional Court of Russia and the Supreme Court of Russia, as well as scientific studies related to the regulation of insolvency (bankruptcy). As a result of the study, clarifications have been made regarding the place and role of financial law norms in regulating insolvency (bankruptcy) relations. Conclusions: Norms of financial law are an integral part of the mechanism for legal regulation of insolvency (bankruptcy) relations.</jats:p>