The Y-box proteins are defined by their ability to bind to Y-box promo
ter elements and to help regulate transcription of a wide variety of g
enes. However, Y-box proteins are also identified as abundant proteins
in the cytoplasm of germ cells, where they are found bound to stored
mRNA molecules. Binding of Y-box proteins to mRNA sequences, both in v
itro and in vivo, has been shown to effect their translational repress
ion (''masking''). Here we discuss the ability of Y box proteins to re
cognize different nucleic acid structures and to become involved in re
gulation of both transcription and translation.