PROBLEMS OF BANKING LEGAL RELATIONSHIPS

##plugins.themes.bootstrap3.article.main##

##plugins.themes.bootstrap3.article.sidebar##

PDF
Published: Dec 11, 2018
https://doi.org/10.30525/2256-0742/2018-4-5-94-99

  Stanislav Ivanov

  Yuliia Hromenko

  Valeriia Rodina

Abstract

In modern conditions of management, the aspects of ensuring the stability of banks and the development of the banking system of Ukraine are of particular importance. During 2014-2017 in our country, 88 banks were recognized as insolvent, almost all of them – commercial. This tendency is disappointing. Most scholars assert that the turnaround of the banking system is possible only through the improvement of deposit, credit, and settlement operations. This statement is undoubtedly true, but these scholars forget about the importance of regulating the legal relationships that arise in the banking sector and establishing the interaction between the entities of such legal relationships. The purpose of the research is to determine the essence of banking legal relationships in Ukraine based on the existing scientific approaches, the current legislation of Ukraine and the practice of its implementation, as well as the specific and problematic aspects of harmonizing the interests of the entities of the relevant legal relations. For this purpose, the essence and structure of banking legal relationships are considered. It is determined that the main structural elements of these legal relationships are: 1) objects, 2) the content of banking legal relationships, 3) the basis of banking legal relationships – legal norms and legal facts, 4) entities (participants) – the direct participants in banking relationships, the bearers of mutual rights and obligations. The conclusions of the article state that Ukrainian banking legislation requires a serious revision concerning the coordination of the interests of the entities of banking legal relationships. The key task is to eliminate unnecessary and outdated normative and legal acts that could cause legal confusion or impose excessive burdens on entities of banking legal relationships. In developing the modern regulatory framework for the interaction of entities of banking relationships, a new rapid spread of cyber-risks, compliance risks and financial crime risks, which significantly affects the state of the banking system and is not reflected in the current banking legislation of Ukraine, should be taken into consideration. Banks as the main entities of banking relationships should assume risks and financial responsibility. It will contribute to the stabilization of the banking system of Ukraine and the economic development of the national economy.

How to Cite

Ivanov, S., Hromenko, Y., & Rodina, V. (2018). PROBLEMS OF BANKING LEGAL RELATIONSHIPS. Baltic Journal of Economic Studies, 4(5), 94-99. https://doi.org/10.30525/2256-0742/2018-4-5-94-99
Article views: 522 | PDF Downloads: 235

##plugins.themes.bootstrap3.article.details##

Keywords

bank, banking service, entity, legal relationships, banking system, interests

References

Alekseev, S. S. (1982). Obshchaya teoriya prava: v 2-kh t. T. 2 [The general theory of law: in two vol. Vol. 2]. Moscow: Yurid. lit. (in Russian)

Buso, O. (2017). Political games, abo Stvorennia Derzhavnoho biuro rozsliduvan v Ukraini: monohrafiia [Political games, or Creation of the State Investigation Bureau in Ukraine: monograph]. Kyiv: Sammit-Knyha. (in Ukrainian)

Chernadchuk, T. O. (2013). Deiaki pytannia shchodo vyznachennia poniattia "subiekt informatsiinykh bankivskykh pravovidnosyn" [Some questions regarding the definition of "the entity of information banking legal relationships"]. Law and Public Administration, 1, 88-91.

Hetmantsev, D. O., Shuklina, N. H. (2007). Bankivske pravo Ukrainy [Banking Law of Ukraine]. Kyiv: Tsentr uchbovoi literatury. (in Ukrainian)

Instruktsiiu pro poriadok rehuliuvannia diialnosti bankiv v Ukraini: Postanova NBU # 368 (2001, August 28). [Instruction on the procedure for regulating the activities of banks in Ukraine: Resolution of the NBU No. 368 of August 28, 2001]. Baza dannykh Zakonodavstvo Ukrainy, NBU. Retrieved from: http://zakon3.rada.gov.ua/laws/show/z0841-01#n25

Khalfina, R. O. (1974). Obshchee uchenie o pravootnoshenii [The general doctrine of law making]. Moscow: Yurid. lit. (in Russian)

Kostiuchenko, O. A. (2003). Pravovi aspekty bankivskoi diialnostiy: posibnyk z problem bankivskoho prava [Legal aspects of banking activity: a manual on banking law]. Kyiv: Krynytsia. (in Ukrainian)

Kovalenko, A. A. (2016). Publichno-pravove rehuliuvannia bankivskoi diialnosti v Ukraini v umovakh yevrointehratsii [Public and legal regulation of banking activity in Ukraine in the conditions of European integration]: author's abstract. dis. ... Candidate of Juridical Sciences: 12.00.07. Kyiv: Open International University of Human Development "Ukraine".

Kuntsevych, M. P., Tarasiuk, H. Yu. (2016). Subiektnyi sklad bankivskykh pravovidnosyn, poviazanykh iz bankivskoiu taiemnytseiu [The subjective composition of banking relationships related to banking secrecy]. Comparative and Analytical Law, 6, 104-106.

Kurovskyi, S. (2014). Bankivski vidnosyny yak obiekt finansovo-pravovoho rehuliuvannia [Banking relationships as an object of financial and legal regulation]. Theory and practice of intellectual property, 6, 152-159.

Memorandum vzaiemorozuminnia mizh Uriadom Ukrainy i Orhanizatsiieiu ekonomichnoho spivrobitnytstva ta rozvytku shchodo pohlyblennia spivrobitnytstva (2014, July 10). [Memorandum of Understanding between the Government of Ukraine and the Organization for Economic Cooperation and Development on deepening cooperation of July 10, 2014]. Baza dannykh Zakonodavstvo Ukrainy, Kabinet Ministriv Ukrainy. Retrieved from: http://zakon2.rada.gov.ua/laws/show/966_003

Metodychni vkazivky z inspektuvannia bankiv «Systema otsinky ryzykiv» #104 (2004, March 15). [Methodological guidelines for the inspection of banks "Risk Assessment System" No. 104 of March 15, 2004] Baza dannykh Zakonodavstvo Ukrainy, NBU. Retrieved from: http://zakon2.rada.gov.ua/laws/show/v0104500-04

Nahrebelnyi, V. P. (2010). Publichno-pravovi zasady rehuliuvannia vidnosyn v bankivskii systemi Ukrainy [Public and legal principles of regulation of relations in the banking system of Ukraine]. Pravova derzhava: Shchorichnyk naukovykh prats, 2, 197-206.

Pro banky ta bankivsku diialnist: Zakon Ukrainy #2121-ІІІ (2000, December 7). On Banks and Banking: the Law of Ukraine No. 2121-ІІІ of December 7, 2000]. Baza dannykh Zakonodavstvo Ukrainy, VR Ukrainy. Retrieved from: http://zakon5.rada.gov.ua/laws/show/2121-14

Pro zatverdzhennia Polozhennia pro orhanizatsiiu vnutrishnoho kontroliu v bankakh Ukrainy # 867 (2014, December 29). [On Approval of the Regulation on the Organization of Internal Control in Banks of Ukraine No. 867 of December 29, 2014]. Baza dannykh Zakonodavstvo Ukrainy, NBU. Retrieved from: http://zakon2.rada.gov.ua/laws/show/v0867500-14

Slavko, A. (2016). Osoblyvosti rehuliuvannia bankivskykh vidnosyn za umov dii rezhymu okupovanoi terytorii ta rezhymu provedennia antyterorystychnoi operatsii [Features of regulation of banking relations under the conditions of the regime of the occupied territory and the regime of anti-terrorist operations]. Entrepreneurship, economy and law, 3, 110-115.

Vashchenko, Yu. V. (2006). Bankivske pravo: Navch. Posibnyk [Banking Law: Textbook]. Kyiv: Tsentr navchalnoi literatury. (in Ukrainian)

Vasylieva, T. A. (ed.) (2014). Marketynh u banku: navchalnyi posibnyk [Bank Marketing: textbook]. Sumy: DBA "UAS NBU". (in Ukrainian)

Vovchak, O. D., Rushchyshyn, N. M., Andreikiv, T. Ya. (2008). Kredyt i bankivska sprava: pidruchnyk [Credit and Banking: Textbook]. Kyiv: Znannia. (in Ukrainian)

Yampolskaya, Ts. A. (1958). Subekty sovetskogo administrativnogo prava: dis. ... doktora yurid. nauk [Entities of Soviet administrative law: diss. ... Doctor of Law]. Moscow. (in Russian)

Issue
Vol. 4 No. 5 (2018): Baltic Journal of Economic Studies