Sidak M. Financial and Legal Regulation of Bank Relations in the European Union and the Countries of Eastern Europe: a Comparative Analysis

The dissertation presents a complex research of the financial and legal regulation of bank relations in the European Union, the EU member states and the countries of Eastern Europe (Ukraine and the Russian Federation) on the basis of comparative-law analysis. It determines the main foundations, principles and peculiarities of organization and operation of the banking system. The thesis singles out the sphere of financial and legal regulation of the relations that are formed in the process of the establishment and the activity of central banks in Europe and the European Union, namely: their goal, objectives, principles, functions, powers, types of operations, etc. The thesis analyzes the financial-legal status of banks, credit and financial institutions, the peculiarities of their establishment, licensing and activity. It reveals the financial and legal aspects of the supervision of the activity of credit institutions in the EU and banking supervision in the countries of Eastern Europe. On the basis of the research conducted and de lege lata, the author has proposed a number of conclusions on determining the characteristic features, peculiarities and approaches to legal regulation of bank relations in Europe and elaborated de lege ferenda on the improvement of the financial and legal regulation of bank relations for the adaptation of Ukrainian financial and banking legislation to the norms and standards of the EU in the process of Ukraine's integration into the European Union.