Tymofiiv O. Administrative and Legal Mechanism for Ensuring Sustainable Development and Stability of the Banking System of Ukraine

In the dissertation research, the content and essence of the administrative and legal mechanism for ensuring the sustainable development and stability of Ukraine's banking system are defined, revealed, clarified, and reviewed. Sustainable development and stability of the banking system are proposed to be understood as the organized space for the functioning of the banking services market and its regulatory environment, characterized by a balance between ecological, economic, and social factors, which ensures the balance, adaptability, and resilience of banking institutions and mechanisms for implementing their functions, their ability to respond promptly to external and internal threats to economic security, as well as the quality and accessibility of banking products that meet consumer needs. It is proven that the administrative and legal mechanism for ensuring the sustainable development and stability of Ukraine's banking system should contribute to reducing financial risks, adapting the financial system to modern challenges, and ensuring consumer trust in banks. It is designed to create and maintain an up-to-date legal and organizational foundation for the effective functioning of the banking sector, which aligns with the principles of transparency, accessibility, innovation, consumer protection, and the integration of international standards. A three-vector system for improving the administrative and legal mechanism for ensuring the sustainable development and stability of Ukraine's banking system is defined, which includes: 1) strengthening resilience factors (increasing the effectiveness of existing legislation, creating effective mechanisms for private sector participation in the development and implementation of banking sector development programs, optimizing coordination procedures, and implementing new advanced practices to prevent cybersecurity risks in the banking sector, etc.); 2) optimizing the institutional component regarding certain issues of the National Bank of Ukraine’s activities (implementing effective tools to counter banking sector risks); 3) integrating into the EU market (improving the risk-oriented approach, developing financial inclusion, increasing financial literacy of the population, etc.).