ПУБЛІЧНО-ПРАВОВИЙ СТАТУС НАЦІОНАЛЬНОГО БАНКУ УКРАЇНИ

Abstract

The article deals with the problems of public-legal status of the central bank of Ukraine, defines its place in the system of state authorities. It has been found out that one of the elements of financial activity of the state is banking. The importance of government banking is that it covers the circulation of both public and private finances, the turnover of which is carried out by banks, the main one being the National Bank of Ukraine.

The article determines that the modern development of any country is impossible not only without a legal mechanism, but also without the necessary financial support. Any developing country changes the conditions and methods of its influence on the economy, and consequently financial activity acquires new qualities, which depend on all spheres of life.

It is found that the National Bank of Ukraine, as a special government body, occupies a specific place in the system of public administration. The author outlines the basics of functioning of the National Bank of Ukraine. The approaches of various scholars to determine the legal status of the National Bank of Ukraine are analyzed. The author focuses on central bank independence.

It is found that the activity of the National Bank of Ukraine as a special central body of public administration covers the whole cycle of management actions and decisions in the banking sector. Such a legal provision of the NBU gives it a legal opportunity to determine the strategy of development of the banking system, to ensure the implementation of this strategy, to analyze the results of operations and to give them an assessment, to supervise and control its implementation, to correct its own actions and actions of entities engaged in banking activities, to apply measures to influence the violators of banking law.

It is proved that the activity of the National Bank of Ukraine is primarily public, its essence lies in the fact that it is a financial activity, which is governed by financial and legal norms regarding the formation and conduct of monetary and monetary policy in the state.