Public Interest in Financial System Law
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216208%3A11220%2F18%3A10382721" target="_blank" >RIV/00216208:11220/18:10382721 - isvavai.cz</a>
Result on the web
<a href="http://dx.doi.org/10.15290/oolscprepi.2018.04" target="_blank" >http://dx.doi.org/10.15290/oolscprepi.2018.04</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.15290/oolscprepi.2018.04" target="_blank" >10.15290/oolscprepi.2018.04</a>
Alternative languages
Result language
angličtina
Original language name
Public Interest in Financial System Law
Original language description
This paper deals with issues related to public interest and financial system. He brings several general arguments regarding the actual legal regulation of financial system, asks about reasons for such detailed regulation and discovers the public interest in financial system law. In addition, the author defines the term “financial system” and “financial stability” in the paper because there can be found a lack of their broadly accepted definition in recent legal scientific literature, therefore the author offers his own definition of these terms. In the middle part of the paper, there can be found several important reasons in behalf and against the actual high level of legal regulation of the financial system. In concrete, namely a high level of risk, a high profitability of undertaking business in financial services, an asymmetry of information in the relationship between a financial institution and its client, a protection of clients, restriction of the competition of financial institutions or costs of regulation requirements fulfillment are mentioned and analyzed.
Czech name
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Czech description
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Classification
Type
D - Article in proceedings
CEP classification
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OECD FORD branch
50501 - Law
Result continuities
Project
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Continuities
I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace
Others
Publication year
2018
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Article name in the collection
Optimatization of Organization and Legal Solutions concerning Public Revenues and Expenditures in Public Interest : (Conference proceedings)
ISBN
978-83-65696-08-3
ISSN
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e-ISSN
neuvedeno
Number of pages
10
Pages from-to
63-72
Publisher name
Temida 2
Place of publication
Bialystok
Event location
Vilnius
Event date
Sep 21, 2017
Type of event by nationality
WRD - Celosvětová akce
UT code for WoS article
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