Contradictory tendencies in banking systems of the Slovak Republic and the Russian Federation
The paper analyzes the banking systems of the Slovak Republic under the influence of the European Union legislation and banking system of the Russian Federation from the perspective of opening the banking sector to foreign capital. A fundamental difference between the given legislations, which is re...
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| Format: | Article |
| Language: | English |
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Comenius University in Bratislava, Faculty of Law
2017-12-01
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| Series: | Bratislava Law Review |
| Subjects: | |
| Online Access: | https://blr.flaw.uniba.sk/index.php/BLR/article/view/80 |
| _version_ | 1818980521718317056 |
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| author | Simona Heseková |
| author_facet | Simona Heseková |
| author_sort | Simona Heseková |
| collection | DOAJ |
| description | The paper analyzes the banking systems of the Slovak Republic under the influence of the European Union legislation and banking system of the Russian Federation from the perspective of opening the banking sector to foreign capital. A fundamental difference between the given legislations, which is reflected mainly in the recent period, lies in the degree of openness of the banking system to foreign capital. While the banking system of the Slovak Republic under the influence of the European Union law can be considered as highly open banking system to foreign capital, the legislation concerning the Russian banking system is characteristic by legal limitation for foreign capital entry. The analysis of these contradictory tendencies which have common goal – to ensure a stable banking system could bring important knowledge that may help in resolving the issue of stability of the banking system at the global level. |
| first_indexed | 2024-12-20T17:16:45Z |
| format | Article |
| id | doaj.art-c96cea53820d44ea92674456ba0b52d7 |
| institution | Directory Open Access Journal |
| issn | 2585-7088 2644-6359 |
| language | English |
| last_indexed | 2024-12-20T17:16:45Z |
| publishDate | 2017-12-01 |
| publisher | Comenius University in Bratislava, Faculty of Law |
| record_format | Article |
| series | Bratislava Law Review |
| spelling | doaj.art-c96cea53820d44ea92674456ba0b52d72022-12-21T19:32:00ZengComenius University in Bratislava, Faculty of LawBratislava Law Review2585-70882644-63592017-12-011210.46282/blr.2017.1.2.8080Contradictory tendencies in banking systems of the Slovak Republic and the Russian Federation Simona Heseková0Comenius University in Bratislava, Faculty of LawThe paper analyzes the banking systems of the Slovak Republic under the influence of the European Union legislation and banking system of the Russian Federation from the perspective of opening the banking sector to foreign capital. A fundamental difference between the given legislations, which is reflected mainly in the recent period, lies in the degree of openness of the banking system to foreign capital. While the banking system of the Slovak Republic under the influence of the European Union law can be considered as highly open banking system to foreign capital, the legislation concerning the Russian banking system is characteristic by legal limitation for foreign capital entry. The analysis of these contradictory tendencies which have common goal – to ensure a stable banking system could bring important knowledge that may help in resolving the issue of stability of the banking system at the global level.https://blr.flaw.uniba.sk/index.php/BLR/article/view/80banking systemthe European Unionthe Slovak Republicthe Russia Federationforeign capital |
| spellingShingle | Simona Heseková Contradictory tendencies in banking systems of the Slovak Republic and the Russian Federation Bratislava Law Review banking system the European Union the Slovak Republic the Russia Federation foreign capital |
| title | Contradictory tendencies in banking systems of the Slovak Republic and the Russian Federation |
| title_full | Contradictory tendencies in banking systems of the Slovak Republic and the Russian Federation |
| title_fullStr | Contradictory tendencies in banking systems of the Slovak Republic and the Russian Federation |
| title_full_unstemmed | Contradictory tendencies in banking systems of the Slovak Republic and the Russian Federation |
| title_short | Contradictory tendencies in banking systems of the Slovak Republic and the Russian Federation |
| title_sort | contradictory tendencies in banking systems of the slovak republic and the russian federation |
| topic | banking system the European Union the Slovak Republic the Russia Federation foreign capital |
| url | https://blr.flaw.uniba.sk/index.php/BLR/article/view/80 |
| work_keys_str_mv | AT simonahesekova contradictorytendenciesinbankingsystemsoftheslovakrepublicandtherussianfederation |