The Concept of Currency Supervision
DOI:
https://doi.org/10.37772/2309-9275-2024-2(23)-9Keywords:
currency supervision, currency control, currency supervision agents, currency supervisory authorities, risk-based approach, free movement of capital, currency liberalizationAbstract
This article aims to explore the content of currency supervision as a legal phenomenon in Ukraine by analyzing the opinions of scholars on the content of currency supervision, the provisions of Law No. 2473-VIII, Law No. 679-XIV, Resolution No. 13, and the NBU Letter, and by outlining the main features, forms and/or methods, as well as the subjects of currency supervision in Ukraine.
To achieve this goal, the author uses general scientific, empirical, and, specifically, legal methods of scientific knowledge, namely analysis and synthesis, induction and deduction, comparison, formal legal method, and systematic method (approach).
In the course of this study, the author has identified the content of currency supervision in the context of the new liberalization system of currency regulation, outlined its features, named the subjects of currency supervision and their functions, and emphasized the methods/forms of currency supervision. In addition, the author analyses the views of scholars on the content of the legal phenomenon of currency supervision, identifies common and different opinions, and draws his own conclusions regarding the concept of ‘currency supervision’ and its features.
The author also notes that the issue under study is controversial in the context of the new system of currency regulation and our country's movement towards the free movement of capital.
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