BANKING LEGAL SUPPORT OF: CURRENT STATE AND PROSPECTS

Abstract

At the present stage of the banking system of Ukraine should conclude its exclusive character. It is defined by a high level of risk it is to consumers of banking services. These characteristic features of banking necessitate its regulation. The article is devoted to the main issue legal provision of banking today. The author analyzes the main elements of the mechanism of legal support of banking, to its features and isolate major trends in legislation in this area. The need for state-legal regulation of banking activities as all the financial services market due, in particular, the following factors: 1) financial market implemented national interests (complex economic priorities of the country); 2) in this market are intertwined interests of different stakeholders: the State, entities, businesses and individuals, households; 3) the protagonist is the financial market entities. In terms of Ukraine in the economic, tax and other reforms are urgent issues of efficiency of legal regulation of relations in the banking sector. Also important practical implementation of the positive experience of European countries, strengthening confidence of individuals as clients of banks and other financial institutions in the banking system of the state. Today there is a relationship of banking regulation which is impossible without state intervention, without the involvement of the state to ensure that subjects relevant relationships with adequate protection of their rights and interests.

Authors and Affiliations

Н. В. Барахтян

Keywords

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  • EP ID EP475334
  • DOI -
  • Views 79
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How To Cite

Н. В. Барахтян (2017). BANKING LEGAL SUPPORT OF: CURRENT STATE AND PROSPECTS. Юридичний науковий електронний журнал, 1(), 53-56. https://europub.co.uk/articles/-A-475334