THE ROLE OF COMMERCIAL BANKS IN THE SECURITIES MARKET AND THE CURRENT STATE OF THE STATE SECURITIES MARKET IN KYRGYZSTAN

2020 ◽  
Vol 20 (1) ◽  
pp. 204-211
Author(s):  
Gulasel Shamshieva ◽  
Keyword(s):  
Commercial Banks ◽  
Legal Regulation ◽  
The State ◽  
Securities Market ◽  
Kyrgyz Republic ◽  
Current State ◽  
The Government

This article gives a classification of securities. The investment activities and operations with securities of commercial banks, as well as the legal regulation of the activities of commercial banks in the securities market in Kyrgyzstan are examined. A review of the current state of the securities market in the Kyrgyz Republic is carried out. Volumes of debt securities are also presented. The volume of annual issue of securities for 3 years from 2017 to 2019, the volume of foreign investment in corporate securities is shown. During the review of the state of the securities market, it was concluded that commercial banks play a major role in the development of the securities market, acting as issuers, investors and intermediaries. A program for the development of the government securities market for both the medium and long term is proposed.

STATE REGULATION OF THE FINANCIAL SERVICES MARKET IN UKRAINE

2018 ◽  
Vol 1 (12) ◽  
pp. 30-47
Author(s):  
Lyudmila Nikolayevna Akimova ◽  
Alla Vasilievna Lysachok
Keyword(s):  
Financial Services ◽  
Legal Regulation ◽  
State Regulation ◽  
The State ◽  
Compensatory Mechanisms ◽  
Existing Problems ◽  
Insurance Contracts ◽  
State Pension

The essence of such concepts is “financial service”, “financial services market”, and “participants of the financial services market”; determined the purpose of state regulation of the financial services market; forms of state regulation of the financial services market; financial services that are present in the financial services market; the structure of state regulation bodies of the financial services market in Ukraine is given; The role of state bodies in the regulation of the financial services market was studied; to characterize the regulatory legal regulation of the financial services market in Ukraine; the main problems of functioning of the domestic market of financial services are revealed; ways to solve existing problems. It is grounded that the state regulation of financial services markets consists in the state’s implementation of a set of measures aimed at regulating and overseeing financial services markets to protect the interests of financial services consumers and preventing crisis phenomena. It is concluded that the financial services market is an important element of the development of the economy as a whole, in particular, it concerns not only the state but also society. We must understand that when this market is settled, that is, all bodies that carry out state regulation are competent in their powers, only then will we make informed, effective decisions about the normal and effective functioning of the RFP. It is important that the data of the subjects of control do not overlap, their activities should be fixed at the legislative level. It is also worth bearing in mind that appropriate conditions must be created to create compensatory mechanisms in the financial services markets by developing a system for guaranteeing deposits and providing for payments under long-term life insurance contracts, non-state pension provisions, deposits with deposit accounts to credit unions, etс.

On legal facts conditions in criminal executive law and their classification

2019 ◽  
pp. 77-87
Author(s):  
Егор Евгеньевич Новиков
Keyword(s):  
Third Parties ◽  
The State ◽  
Point Of View ◽  
Short Term ◽  
Legal Consequences

В статье рассматриваются юридические факты-состояния, порождающие, изменяющие или прекращающие уголовно-исполнительные правоотношения. Автор на основе анализа дискуссии ученых-юристов, посвященной определению места событий в системе юридических фактов, представил собственную точку зрения, касающуюся роли юридических фактов-состояний в уголовно-исполнительном праве. В работе аргументируется, что состояние следует отнести к одному из видов фактов-событий. Представлена классификация юридических фактов-событий, содержащихся в уголовно-исполнительном праве. Предлагается рассматриваемые правовые явления классифицировать по следующим основаниям: по происхождению (абсолютные (болезнь осужденного/родственников) и относительные (беременность, опьянение, родство); по времени существования (краткосрочные, длительные, постоянные); в зависимости от способности порождать правоотношения (состояния, влекущие стопроцентное возникновение юридических последствий и факты, порождающие возникновение юридических последствий, но при условии участия третьих лиц). The article deals with legal facts-states generating, changing or terminating criminal executive relations. The author, based on an analysis of the discussion of legal scholars devoted to determining the location of events in the system of legal facts, presented his own point of view regarding the role of legal facts-states in the criminal-executive law. The paper argues that the state should be attributed to one of the types of fact-events. The article presents the classification of legal facts-events contained in the criminal-executive law. It is proposed to classify the considered legal phenomena for the following reasons: by origin (absolute (illness of the convict / relatives) and relative (pregnancy, intoxication, kinship); by time of existence (short-term, long-term, permanent); depending on the ability to generate legal relations (conditions entailing 100 % of the occurrence of legal consequences and facts giving rise to the occurrence of legal consequences, but subject to the participation of third parties.

STATUS AND PROSPECTS OF GERONTOLOGY AND GERIATRICS IN THE KYRGYZ REPUBLIC

2020 ◽  
pp. 391-396
Author(s):  
С. М. Маматов ◽  
М. А. Арстанбекова ◽  
Ф. Э. Иманалиева ◽  
Кызы Базира Канат
Keyword(s):  
Older People ◽  
International Organizations ◽  
Scientific Research ◽  
The State ◽  
Kyrgyz Republic ◽  
State And Society ◽  
Healthcare Practice ◽  
Geriatric Service

В статье проанализирована ситуация, сложившаяся с развитием геронтологии в Кыргызской Республике. Подробно описывается долговременный процесс становления геронтологической службы в стране и ее достижения. Позитивным считается тот факт, что на проблему пожилых людей стали обращать внимание не только международные организации, но и государство, и само общество. Несмотря на определенные достигнутые успехи в развитии службы, указываются проблемы, которые требуют неотлагательных мер для решения, особенно это касается развития гериатрической службы, которая сегодня не соответствует современному состоянию постарения населения. Подчеркнута важная роль создания института геронтологии как координирующего органа в подготовке специализированных кадров, в развитии и выполнении скооперированных научных исследований и внедрения их результатов в практику здравоохранения. The article analyzes the situation with the development of gerontology in the Kyrgyz Republic. The long-term process of the formation of the gerontological service in the country and its achievements are described in detail. The positive fact is that not only international organizations, but also the state and society itself began to pay attention to the problem of older people. Despite the certain and achieved successes in the development of the service, problems are indicated that require urgent measures to resolve, especially the development of the geriatric service, which today does not meet the modern challenges of aging. The important role of creating the gerontology institute, as a coordinating body in the training of specialized personnel, in the development and implementation of cooperated scientific research and the implementation of their results in healthcare practice was emphasized.

ACTIVITIES OF COMMERCIAL BANKS OF KR ON THE SECURITIES MARKET UNDER THE CONDITIONS OF ERASIAN INTEGRATION

2020 ◽  
Vol 20 (1) ◽  
pp. 197-203
Author(s):  
Gulasel Shamshieva ◽  
Keyword(s):  
Commercial Banks ◽  
Market Mechanism ◽  
Securities Market ◽  
Kyrgyz Republic ◽  
Dominant Position ◽  
Eurasian Economic Union ◽  
National Bank ◽  
Economic Union ◽  
The Government ◽  
The Relationship

This article examines the activities of commercial banks and their development trends in the securities market in the Kyrgyz Republic under the conditions of the Eurasian Economic Union (EEU). The article shows the relationship between the financial market and commercial banks in the securities market in the conditions of Eurasian integration. Also, the market of debt securities in the Kyrgyz Republic is presented. A review of the issue of types of securities in 2017 by the government of the Kyrgyz Republic and the National Bank was conducted. Thus, during the review of the securities market, the dominant position of commercial banks in comparison with other participants was revealed. Measures have been proposed to optimize the activities of commercial banks in Kyrgyzstan in the securities market in the context of the Eurasian integration of an effective market mechanism that ensures the flow of investments into the economy.

scholarly journals The Role of Commercial Banks in Financing Debt of Local Government Units

2019 ◽  
Vol 23 (2) ◽  
pp. 28-33
Author(s):  
Adam Żabka ◽  
Beata Hoza
Keyword(s):  
Local Government ◽  
Capital Market ◽  
Commercial Banks ◽  
Local Level ◽  
The State ◽  
Financial Resources ◽  
Secondary Markets ◽  
Low Activity

The authors of the paper present the results of their research in the structure of resources used to cover financial deficit of institutions of public finance sector on central and local level. The authors also evaluate the consequences triggered by application of different methods of financing. The aim of the paper is to analyse the reasons of low activity of local government units in obtaining financial resources directly from the capital market as compared to the State Treasury and commercial enterprises. By means of tools used in comparative analysis the authors juxtapose the most important parameters of primary and secondary markets of long-term debt securities issued by local government units, the State Treasury and commercial enterprises.

scholarly journals Specific Features of Certain Aspects of a Delivery Contract for the State and Municipal Needs in the System of the Government Order in the Russian Federation

2019 ◽  
Vol 8 (4) ◽  
pp. 11534-11538
Keyword(s):  
Russian Federation ◽  
Legal Regulation ◽  
The State ◽  
National Welfare ◽  
The Russian Federation ◽  
The Government ◽  
Civil Contract ◽  
Welfare Fund

The article is devoted to the analysis of certain aspects of a modern contract of goods delivery for the State and municipal needs, the legal significance of the contract of delivery in the system of the Government Order. The contract of delivery is an essential part of the execution of the State and municipal contract, i.e. the contract concluded on behalf of the Russian Federation Government, any subject of the Russian Federation or municipal settlement with governmental or municipal customer to provide state or municipal needs respectively. By this time there are still serious disputes concerning the role of the delivery contract for the State and municipal needs as a type of civil contract, as well as in the legal regulation and maintenance of the governmental and municipal contract. The significance of matters mentioned is connected with the fact that the Government Order carried out by means of a delivery contract not only meets State and municipal needs but can be also regarded as the basis for running target programs of budget and extra-budgetary financing, as well as the formation of the National Welfare Fund

Features of interaction of the state and transnational companies

2020 ◽  
pp. 56-63
Author(s):  
Poradenko Оlena
Keyword(s):  
Global Economy ◽  
System Analysis ◽  
Legal Regulation ◽  
The State ◽  
High Tech ◽  
Negative Consequences ◽  
Transnational Companies ◽  
Expert Assessments

The purpose of the article is to assess the global experience of TNCs in stateinvestment processes. The instruments of state influence on the activities of TNCsare characterized. It is shown that the legal regulation of the activities of TNCsis impossible without resorting to international legal sources of regulation offoreign direct investment. the research methodology consists in using a combinationof methods: expert assessments, comparative and system analysis. The indicatedmethodological approach made it possible to analyze the strengths and weaknessesof the interaction between the state and TNCs and, through them, justify the useof a specific strategy. the scientific novelty of the results obtained is to determinethe role of TNCs in the world economy and countries’ politics, given in particularthe positive and negative consequences of their activities and the fact that theemergence of such international corporations is a logical step in the developmentof the international economy and is a necessary stage in the modern reorganizationand development of the country’s economy. conclusion. In the current stage ofeconomic development, government influence is necessary to maintain andredistribute investment flows to high-tech sectors related to the development ofindustries, which will increase the long-term international competitiveness of TNCsin the markets of global economy sectors.

scholarly journals Main trends in the development of the Kazakh securities market

2021 ◽  
Vol 84 (4) ◽  
pp. 35-45
Author(s):  
Z.A. Arynova ◽  
Keyword(s):  
Stock Market ◽  
Main Tool ◽  
The State ◽  
Bank Loans ◽  
Securities Market ◽  
World Community ◽  
Theoretical Approaches ◽  
Current State ◽  
Domestic Capital

The securities market is the most important instrument for financing and developing the economy of any state, including Kazakhstan. The main problem is to attract investments for enterprises in all sectors of the economy, as well as to ensure that enterprises have access to cheaper equity than bank loans. Purpose to identify the main trends in the development of the domestic securities market, to assess the level of its profitability. The article emphasizes the role of the securities market as the most important mechanism for the redistribution of funds between sectors of the economy. The securities market, as an integral part of the financial market, is gaining especially growing importance in the economy of Kazakhstan, as well as in the economy of the entire world community. When writing the article, traditional methods (comparison, description, and measurement), general logical methods and research techniques (analysis, generalization, etc.) were used. The article discusses the main theoretical approaches to determining the essence of the analyzed concept, attempts are made to formulate the main problems in the securities market, presents the results of the analysis of data characterizing the current state of the stock market of Kazakhstan. In essence, the securities market is a macroeconomic regulator of the state, through which opportunities are created to attract foreign and domestic capital. Thus, the securities market as an effective tool for attracting capital contributes to solving socio-economic problems. The author notes that the main theories about the state of the stock market are characterized by a superficial approach, as evidenced by the fact that none of them considers the internal structure of the stock market, which is the main tool for determining the patterns of changes in the value of financial instruments. It should also be noted that the choice of theory depends entirely on the perception and opinion of the relevant analyst. Singling out one theory as the only and most acceptable one would be wrong.

scholarly journals Health Resorts: A Unique Phenomenon in the Tourist Market

Lex Russica ◽  
2019 ◽  
pp. 16-29
Author(s):  
I. V. Ershova
Keyword(s):  
Legal Status ◽  
Medical Tourism ◽  
Self Regulation ◽  
Legal Regulation ◽  
The State ◽  
Current State ◽  
International Regulations ◽  
Health Resorts ◽  
Legal Mechanism

The article provides a brief insight into the history and reviews the current state of the health camps and health resorts in Russia. The conclusion is drawn that over the centuries Russia has developed traditions of health and resort recreation. The author suggests that some elements of the Soviet model of the relationship between the State and health resorts be extrapolated to the modern legal ground. The paper expresses the opinion about the possibility of using the legal mechanism of health resorts self-regulation. The legal status of health resorts is considered, the spectrum of functions and services performed by them is described. The author has classified services provided into basic (medical, temporary accommodation, nutrition) and supplementary (tourist, household, entertainment, sports and recreational, trade services) services. It has been proved that the specificity of the sanatorium-resort tourist product involves the complexity of the services it includes. Their integration and merger gives a synergistic effect, which leads to an increase in the efficiency of recreation and recovery as the main goal of tourism. The paper describes the system of requirements applied to regulate the work of health camps and health resorts. The paper demonstrates the importance of health resorts, determines their place in the tourist market, dwells on the specifics of health resorts in the sphere of tourism. The author focuses on the problems and contradictions of the legal regulation of activities of health resorts, ways of their minimization. Empirically, the research is founded on statistical data and the results of the author’s questionnaires used to question different parties involved . Analysis of the results of the survey showed that most respondents do not associate health resorts with tourism. However, under Russian and international regulations, health camps and health resorts are referred to medical tourism, the main specificity of which is that it involves medical treatment. The author provides arguments in favor of the necessity of systematic work aimed to explain obvious advantages of health tourism. Attention is drawn to the role of health camps and resorts in achieving the program goals of the State.

STATE REGULATION OF THE FINANCIAL SERVICES MARKET IN UKRAINE

2018 ◽  
Vol 1 (11) ◽  
pp. 30-47
Author(s):  
Lyudmila Nikolayevna Akimova ◽  
Alla Vasilievna Lysachok
Keyword(s):  
Life Insurance ◽  
Financial Services ◽  
Credit Unions ◽  
State Regulation ◽  
The State ◽  
Existing Problems ◽  
Insurance Contracts ◽  
State Pension

The essence of such concepts is “financial service”, “financial ser- vices market”, and “participants of the financial services market”; determined the purpose of state regulation of the financial services market; forms of state regu- lation of the financial services market; financial services that are present in the financial services market; the structure of state regulation bodies of the financial services market in Ukraine is given; The role of state bodies in the regulation of the financial services market was studied; to characterize the regulatory le- gal regulation of the financial services market in Ukraine; the main problems of functioning of the domestic market of financial services are revealed; ways to solve existing problems. It is grounded that the state regulation of financial ser- vices markets consists in the state’s implementation of a set of measures aimed at regulating and overseeing financial services markets to protect the interests of financial services consumers and preventing crisis phenomena. It is concluded that the financial services market is an important element of the development of the economy as a whole, in particular, it concerns not only the state but also society. We must understand that when this market is settled, that is, all bodies that carry out state regulation are competent in their powers, only then will we make informed, effective decisions about the normal and effective functioning of the RFP. It is important that the data of the subjects of control do not overlap, their activities should be fixed at the legislative level. It is also worth bearing in mind that appropriate conditions must be created to create compensatory mecha- nisms in the financial services markets by developing a system for guarante- eing deposits and providing for payments under long-term life insurance contracts, non-state pension provisions, deposits with deposit accounts to credit unions, etс.

Sign in / Sign up

Export Citation Format

Share Document