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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

  • Czech description

Classification

  • Type

    D - Article in proceedings

  • CEP classification

  • OECD FORD branch

    50501 - Law

Result continuities

  • Project

  • 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

  • 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