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Particularities of the Legal Regulation of the Currency Control in the Eurasian Economic Union
Abstract.The object of the research is the currency relations arising in the process of currency regulation and control in the Eurasian Economic Union. The authors of the article focus on the relationship between currency regulation and currency control as the whole and the parts and point out the main directions for currency control. They also conclude that currency control is one of the means to guarantee and defend economic intersts of the country. The authors of the article set forth the main tasks and goals of currency control at the modern stage and these are the tasks and goals that need an immediate solution. The authors also emphasize the importance of licensing as the main administrative means of control over banking activity in the fields of currency exchange operations and international economic activity. The main research method used by the authors is the dialectical approach combined with the authors' critical evaluation of imperfections and gaps in the current currency legislation. In addition, the authors have also applied the methods of comparative analysis, deduction, formal logic and others. The authors' special contribution to the topic is their description of the main tasks and targets that need an immediate solution, in particular, bringing the currency and international economic laws of the Russian Federation into compliance with the international treaties of the Eurasian Economic Unioni; preparation of a draft law on currency regulation and currency control. The scientific novelty of the research is caused by the fact that the authors offer their own understanding of currency regulation and currency control as administrative measures to influence international economic relations. At the end of their research, the authors conclude that being part of state currency policy, currency control is an instrument for implementation of protective and regulatory functions of the state that guarantees economic security and economic independence of the state.
Keywords: international security, Eurasian economic Union, administrative and legal means, currency regulation, foreign trade activity, currency operations, currency restrictions, currency control, currency legislation, international law
Article was received:15-03-2018
This article written in Russian. You can find full text of article in Russian here .