National bank of Ukraine and national commision of securities and stock market as the main regulators of Ukraine financial market functioning

Abstract
The article focuses on the basic principles of powers of Ukraine National Bank and National Commission of Securities and Stock Market as the main regulators of functioning of Ukraine financial market. The mechanism of state regulation of financial market has been determined on the basis of sector model; it helps to stipulate the main directions of forming development strategies of financial market. The problems restricting the powers of the main regulators on the financial market of Ukraine have been found. The state of financing the activity of regulators in state budget of Ukraine and the peculiarities of generating continuum of the sources for replenishing the budget according to the profile has been analyzed. The basic measures to improve the performance of functions in the conditions of joining the European Union have been proposed. The necessity of creating a mega-regulator as an integral part of forming an effective policy of regulating the financial market has been substantiated.
Description
Keywords
SOCIAL SCIENCES::Business and economics::Economics, LAW/JURISPRUDENCE::Financial law, SOCIAL SCIENCES::Business and economics, SOCIAL SCIENCES::Business and economics::Business studies
Citation
Shurshyn V. O., Hmyria V. P, Poliakh S. S. National bank of Ukraine and national commision of securities and stock market as the main regulators of Ukraine financial market functioning. Bulletin of National Academy of Sciences of the Republic of Kazakhstan. Almaty. 2018. № 4. p. 191-198. [Web of Science]