Agricultural and Biological Sciences
3 years ago

New legal framework to boost state's financial security and international integration.

Verslas teorija ir praktika
REGULATORY AND LEGAL COMPONENT IN ENSURING STATE’S FINANCIAL SECURITY
Nadiya Rushchyshyn, Tetyana Medynska, Уляна Ніконенко, Zoryana Kostak, Roksolana Ivanova

Paper Summary

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The article discusses how regulations and laws play a crucial role in ensuring a country's financial security. The researchers used various methods to analyze factors affecting financial security and ways to improve it. They found that legal support is important for creating a strong legal framework to prevent financial crimes. Factors influencing financial security were identified, with a focus on balancing gold and exchange reserves. A mechanism to enhance financial security was proposed, including legal, structural, and organizational measures. Improving the legal framework can protect financial entities and help recover damages, ultimately raising the country's financial security level and facilitating international integration.