THE BASES OF THE STATE REGULATION OF FINANCIAL SECURITY OF THE STATE
Introduction. At present, there is a need for serious changes in accounting, valuation, risk management mechanisms and systems of economic security of the financial system participants, greater transparency of reporting and corporate decisions. Again, the question arose about the sufficient level of capital in the financial system and the degree of state interference in the financial sector through direct and indirect regulatory instruments. In view of this, the problem of establishing the principles of state regulation of financial security of the country is actualized.
Purpose. The purpose of the article is to identify the current principles and established traditions of state regulation of financial security of Ukraine.
Methods. Theoretical generalization, monographic method.
Results. The main directions of state regulation of each component of financial security of the country are determined. Banking security involves regulation, control and monitoring of banking activities in order to ensure the economic security of the banking system; the security of the non-banking financial sector, namely, the stock and insurance markets, is ensured by streamlining the relations on the implementation of financial services and regulating the activities of professional participants in the financial market; debt security is ensured by establishing and regulating the level of internal and external debt of the state; fiscal security requires state regulation of the level of solvency and financial sustainability of public finances within the limits allowing the state authorities to perform their functions as effectively as possible; currency security requires monitoring and control of exchange rates in order to ensure public confidence in the national monetary unit; monetary security is ensured through regulation of the state of the monetary system of the country. The peculiarities of the organization and implementation of measures of the state level aimed at regulating the economic security of financial market segments and elements of the financial system of the country are revealed.
Originality. The modern principles and established traditions of state regulation of financial security of Ukraine are revealed. The peculiarities of the organization and implementation of measures of the state level aimed at regulating the economic security of financial market segments and elements of the financial system of the country are revealed. The directions of improvement of the state of financial security of the state through the mechanisms of its regulation at the macro level have been established.Conclusion. Ensuring financial security of the state driven by the ability of public institutions to ensure the stability of the financial and economic development (basic financial and economic parameters) and neutralizing the impact of the financial crisis and other risks to national economic system and prevent (stop) the offense during the implementation of the financial relationship. For the state of the financial security is important tradition of regulation of the financial sector as a whole, without its distribution in certain specific segments, allowing to outline key strategic imperatives of ensuring financial security in the economic conditions prevailing in the country at a particular time. The concept of state regulation of the financial sector can be defined as a form of controlling the state's influence on the national financial system, financial relations and processes in the economy, which provides a sufficient level of their development, integrity, sustainability and competitiveness, the necessary financial basis for implementation of economic and social policies in order to ensure financial, and, as a consequence, economic security.
Denisyuk O. V. (2015) Growth of the role of state regulation of the financial sector in the system of ensuring economic security of Ukraine. Investytsiyi: praktyka ta dosvid, 20, 157-160.
Denisyuk O.V. (2015) Mechanisms of state regulation of the banking sphere in the interests of ensuring financial security of Ukraine. Aktualʹni problemy derzhavnoho upravlinnya, 2, 58-62.
Zagoriy V.P. (2014) Optimization of state regulation of the monetary sphere in the process of securing financial security of Ukraine [Electronic resource]. Efektyvna ekonomika, 2. – Аccess mode: http://nbuv.gov.ua/UJRN/efek_2014_2_69.
Zachosova N.V. (2016) Definition of strategic guidelines for strengthening the economic security of financial institutions as a necessary stage in the formation of the strategy of economic security of Ukraine. Biznes Inform, 1, 272-276.
Zachosova N.V. (2015) Features of the analysis of the level of financial security of the state and the importance of assessing the state of economic security of financial institutions in this process. Naukovyy visnyk Mizhnarodnoho humanitarnoho universytetu. Seriya : Ekonomika i menedzhment, 12, 191-194.
Shulga (Migus) I.P. (2010) Influence of state regulation and self-regulation of activity of financial intermediaries in the securities market on their economic safety [Electronic resource]. Efektyvna ekonomika, 9. - Аccess mode: http://nbuv.gov.ua/UJRN/efek_2010_9_20.
The Concept of Financial Security of Ukraine [Electronic resource]. - Access mode: http://www.ufin.com.ua/koncepcia/008.doc.
Methodical recommendations for calculating the level of economic security in Ukraine [Electronic resource]. - Access mode: http://cct.com.ua/2013/29.10.2013_1277.htm
Makaryuk O.V. (2009) Areas of ensuring financial security through regulation of the investment market Aktualʹni problemy ekonomiky, 6 (96), 38-42.
Kleoba L.G., Kleoba V.L., Kleoba R. L. (2013) Conditions and factors of state regulation of banking activity. Ekonomika ta derzhava, 9, 42-45.
Mokhova Yu.L. (2017) Features of Development of State Regulation of Banking Activities in Ukraine. Derzhava ta rehiony. Seriya : Derzhavne upravlinnya, 1 (57), 69-73.
Prysyazhnyuk O. P. (2010) Models of state regulation of the banking system in the context of strengthening its financial stability. Systemy obrobky informatsiyi, 3, 148-150.
Sobolʹ R. H. (2009) Essence of state regulation of insurance activity in Ukraine. Derzhavne budivnytstvo, 1. - Access mode: http://nbuv.gov.ua/UJRN/DeBu_2009_1_15.
Furman V.М. (2009) State regulation of the insurance market as a factor in its strategic development. Ekonomika i prohnozuvannya, 2,.114-126.
Moiseenko I.V. (2014) State Financial Regulation of the Insurance Market Theoretical Aspect. Zovnishnya torhivlya: ekonomika, finansy, pravo, 3, 145-155.
Shurigina N. Yu. (2009) State regulation of the insurance market in Ukraine taking into account foreign experience. Teoriya ta praktyka derzhavnoho upravlinnya, 3, 342-347.
Kalyuga O.O. (2012) State regulation of the stock market in Ukraine: problems and solutions. Teoriya ta praktyka derzhavnoho upravlinnya, 2, 270-276.
Vytvytska, D.P. (2014) State regulation of the monetary sphere. Modern problems of food industry development (Suchasni problemy rozvytku pidpryyemstv kharchovoyi promyslovosti: teoriya ta praktyka): theory and practice: the program and materials of the 2nd All-Ukrainian scientific and practical conference of young scientists and students, November 13-14 2014. K .: NUKHT, 242-244.
Zaparanyuk T. (2013) Theoretical Principles of Definition of the Essence of Monetary Policy in the System of Monetary Regulation of Economy. Visnyk Ternopilʹsʹkoho natsionalʹnoho ekonomichnoho universytetu, 2, 36-43.
Veriha H. V. (2015) Mechanisms of regulation of the foreign exchange market and analysis of the efficiency of their instruments. Ekonomichnyy chasopys-KHKHI, 9-10, 68-72.
Bezkluba O. O. (2015) The Legal Regulation of the State Debt of Ukraine. Pravo ta derzhavne upravlinnya, 2, 14-18.
Novoselova O. S. (2013) Theoretical Aspects of Construction of a State Debt Management System. Ekonomichnyy analiz, 1/14, 301-307.
Radionov Yu.D. (2016) Budgetary Regulation of Economic Development. Naukovi pratsi NDFI, 1, 83-94.
About the Strategy of Economic Security of the Russian Federation for the period up to 2030: Decree of the President of the Russian Federation No. 208 dated May 13, 2017 [Electronic resource]. - Access mode: http://pravo.gov.ru/proxy/ips/?docbody=&prevDoc=102041032&backlink=1&&nd=102432051.
Ways to improve the quality of financial system regulation in accordance with European standards of financial services provision: analytical note [Electronic resource]. - Access mode: http://www.niss.gov.ua/articles/2070/.
- There are currently no refbacks.