UKRAINE REGULATION OF BANKS AS THE DOMINANT FINANCIAL MARKET PARTICIPANTS

Viktoriia Kovalenko

Abstract


The article aims to study methods and instruments for regulating banks in Ukraine. Proved that the stable activities of banks Ukraine to some extent dependent on the efficient functioning of the regulation. Compared to all the participants of the financial market, banks occupy a dominant niche in it from a position of financial services and their role in the rise of economic growth in the country.

The article is to develop recommendations for improving regulation of banks Ukraine in terms of balancing the regulatory impact on all financial intermediaries and the subsequent introduction of macroprudential regulation.

It is proved that further improve the system of regulation of banks Ukraine is based on the implementation of the strategy macroprudential regulation and supervision and implementation in Ukraine model based on “twin peaks”.

Substantiated that the regulation of banks Ukraine is the foundation to ensure their financial sustainability, which will contribute to economic recovery in the state.

Keywords: regulation, banking supervision, macroprudential regulation of financial markets, banks and financial intermediaries.

JEL: G 28


References


Baranovs'kyi, Oleksandr. “Regulation and supervision in the banking sector: quo vadis?” Bulletin of the National Bank of Ukraine 7 (2010): 3-10. Print.

Zvieriakov, Mykhailo, and Viktoriia Kovalenko. “Bank capital: Basel III requirements.” Finance Ukraine 6 (2011): 13-23. Print.

Kovalenko, Mykola. “The essence and elements of the mechanism of state regulation of the banking sector.” Theory and Practice of Public Administration 2 (33) (2011): 182 – 91. Print.

Michenko, Vladimir, and Anna Krylova. “Methodological principles introducing macro-prudential regulation and supervision.” Bulletin of the National Bank of Ukraine 3 (2011): 12-15. Print.

Mischenko, Svitlana. “Improving monetary policy and financial system regulation.” Bulletin of the National Bank of Ukraine 5 (2011): 21-27. Print.

Naumenkova, Svitlana. “Foreign experience of organization of regulation and supervision of financial institutions.” Finance Ukraine 2 (2009): 20-27. Print.

Tabachuk, Hanna, and Oleksandr Bus. “Main goals, objectives and principles of banking regulation and supervision.” Journal of University of Banking 2 (2011): 151-57. Print.

Fedyk, Mar'iana. “The essence of state regulation of banking infrastructure in Ukraine.” Regional economy 4 (2010): 91-97. Print.

Chub, Olena. “Conceptual framework of banking supervision in the context of globalization.” Finance Ukraine 7 (2009): 47-53. Print.

On the National Bank of Ukraine. The Law of Ukraine. Web. 17 May 2016..

Zvieriakov, Mykhajlo and Kovalenko, Viktoriia and Sierhieieva, Olena. Managing financial stability of banks. Odessa: Atlant, 2014. Print.

Main indicators of banks in Ukraine. Web. 17 May 2016. .

Kovalenko, Viktoriia. “Reform and strategic development of the financial system of Ukraine.” Science Rise 2/3 (7) (2015): 43-46. Print.


Full Text: PDF
13 :: 2

Refbacks

  • There are currently no refbacks.