Suchergebnisse

The article investigates the current state of the insurance market in Ukraine and the history of its formation. The existing problems that hinder the progressive development of the market and attract investment are considered. Attention is paid to the latest legislative state regulation of financial services markets (banking and non-banking) by one regulator (NBU) and the expediency of its introduction in the non-banking financial sector and its further role. The main levers by which Ukraine will be able to obtain a financial system that meets international standards have been identified. The focus is on the provisions of the EU Solvency ll Directive and the requirements and standards set out therein. It also substantiates the feasibility of securing prudential supervision of insurers, which defines its peculiarities and mechanisms by which it operates effectively. The experience of countries that have already introduced this type of surveillance is explored. A number of significant changes have been identified, among which are the following: transparent financial statements, new standards for service provision, extension of oversight functions of the Authorized Body, etc., which will allow for the proper protection of the rights of consumers of financial services.

Purpose: to analyze the international norms and standards according to which insurers operate within the European Union. Do the research on the EU Directive (Solvency ll) and the feasibility of its implementation in national legislation. The advantages and disadvantages of prudential supervision of insurers have been identified.

Methods: General and specific cognition methods have been involved in the writing of the work. Historical method, comparative-legal method, system-structural analysis method and formal-logical methods have been used as the basis of the research methodology.

Results: justification for the introduction of a new transparent financial reporting system in the future; the need to create a new internal insurer risk assessment system and new capital adequacy requirements.

Conclusions: A number of advantages and disadvantages of current changes and further transformation of domestic legislation in the field of insurance supervision to the best international standards have been identified. It examines what changes the insurance market of Ukraine is going through and what to expect from insurers in the coming years, what costs will have to be incurred and what they will receive as a result. The focus is on protecting the rights of consumers of financial services to prevent events occurring in the insurance market more than 25 years ago.

As a state of law as well as a democratic state, Indonesia guarantees and protects the right to freely express opinions and the right to organize in society. This in the end becomes the basis for every member of the community to be free to establish an Ormas. The freedom to establish these mass organizations in its development is not controlled due to the absence of real government control and supervision. This has resulted in many mass organizations being born into thugs and illegal organizations. This study aims to analyze the current system of supervision of mass organizations in Indonesia, the weaknesses in the current implementation of mass organizations, and the ideal reconstruction of a system of supervision of mass organizations capable of realizing a just law of mass organizations. The research in this dissertation uses the sociological juridical method. As for the results of the research conducted, it can be found that the current implementation of normative supervision has not been effective, as evidenced by the large number of problematic and prohibited mass organizations, weaknesses in the supervision of mass organizations in the community due to a legal vacuum in the regulation of supervision of mass organizations, so it is necessary to reconstruct values by conducting supervision and education. regarding the goals of mass organizations and the goals of the state and nation as well as legal reconstruction in the form of adding provisions for the supervision of mass organizations in the Law of the Republic of Indonesia Number 16 of 2017.

This long-awaited new book from Cynthia Day Wallace picks up the thread of her best-selling Legal Control of the Multinational Enterprise: National Regulatory Techniques and the Prospects for International Controls . In the present work she applies herself to legal and pragmatic aspects of control surrounding MNE operations. The primary focus is on legal and administrative techniques and measures practised by host states to control - transparently or less so - foreign MNE activity within their territories, or even extraterritorially when effects are felt within national boundaries. The primary geographic focus is the six most investment-intensive industrialized states (namely,Canada, France, Germany, Japan, the United States and the United Kingdom). At the same time an important message of the present study is precisely the implication for the developing countries as well as for the emerging market economies of central and eastern Europe - and even Asian nations besides Japan, because it is the sharing of this very 'experience of years' that can best serve to facilitate a fuller participation on the part of the up-and-coming economies in the same global market place

By growing of pre-industrial society into industrial practice imposed necessity of changes regarding institutional frame related to organizational form of joining of capital. It is about scope of institutional arrangements that are directly and indirectly related to rules and procedures of founding of stock company as typical organizational form of association of capital and on that form of organization of the enterprise, i.e. company. This results in new in new needs for finding and upgrading of model and process that are related to transfer of authorities, organizational structure of corporate governance, internal and external control of work regarding competent persons and organs of governing corporate structure, liability of companies to the public, etc. Following is the need of emphasizing of coordinated principles of corporate governance and upgrading of system of control. Also there is increase of requests for model and mechanisms of increase regarding level of security of key investors with proper protection of interest of small shareholders and other interested participants. Rules of game related stock company and specially activities that all under corporate governance are becoming increasingly important due to process of globalization. Process of globalization has spread especially after destruction of ideologies and practice of proclaimed socialist countries. At the same time, with need for political pluralism, universal need for change of property form - privatization of state capital in enterprises is rising. This produces brand new owners of existing enterprises companies, as well as new forms of capital joining, investing and governing, which, like a shadow, follow private property. From the aforementioned novelties complex processes and alternative modes of governing companies are rising especially with different models and mechanisms of work control of authorized persons and organs, as well as different possibilities of reporting. What directly depends on principles and models of corporate governance is the following: business result of the company, real value of nominal share of shareholders, i.e. effecting of interests of investors and other interested participants. Corporate governance is s synonym for large business system, i.e. the company with intention to grow big. Large business systems have special, unavoidable role and importance for economy and society of every state. Therefore, system of corporate governance and supervision becomes important precondition for successfulness of companies and indirectly one of pillars of economical and social development. ; Prerastanjem predindustrijskog društva u industrijsko, praksa je nametnula potrebu promjena institucionalnog okvira vezanog za organizacionu formu udruživanja kapitala. Rije? je o snopu institucionalnih aranžmana koji se direktno i indirektno odnose na pravila i procedure osnivanja akcionarskog društva kao tipi?ne organizacione forme društva kapitala i na toj formi organizovanja preduze?a, odnosno kompanije. Time nastaju nove potrebe za iznalaženjem i dogradnjom modela i procesa koji su vezani za prenos ovlaš?enja, organizacionu strukturu korporativnoog upravljanja, internu i eksternu kontrolu rada nadležnih lica i organa upravlja?ke korporativne strukture, obavezu kompanija prema javnosti i sl. Slijedi potreba isticanja usaglašenih principa korporativnog upravljanja i dogradnja sistema kontrole. Poja?avaju se zahtjevi za modelom i mehanizmima pove?anja stepena sigurnosti klju?nih ulaga?a uz primjerenu zaštitu interesa malih akcionara i drugih zainteresovanih u?esnika. Pravila igre vezana za akcionarsko društvo i posebno aktivnosti koje potpadaju pod korporativno upravljanje sve više dobijaju na zna?aju zbog procesa globalizacije. A process globalizacije se posebno razmahao nakon rušenja ideologije i prakse proklamovanih socijalisti?kih država. Pritom se uz potrebu politi?kog pluralizama uzdiže univerzalna potreba preinake svojinskog oblika – privatizacija državnog kapitala u preduze?ima. Time se produkuju sasvim novi vlasnici postoje?ih preduze?a – kompanija, kao i novi organizacioni oblici udruživanja kapitala, investiranja i upravljanja, koji poput sjenke prate privatnu svojinu. Iz navedenih noviteta posebno se izdižu složeni procesi i alternativni na?ini upravljanja kompanijama, razli?iti modeli i mehanizmi kontrole rada ovlaštenih lica i organa, kao i razli?ite mogu?nosti izvještavanja. Od modela i principa korporativnog upravljanja i nadzora direktno zavise: poslovni rezultat kompanije, realna vrijednost nominalnog udjela akcionara, odnosno ostvarivanje interesa investitora i drugih zainteresovanih u?esnika. Korporativno upravljanje sinonim je za veliki poslovni sistem, odnosno kompaniju koja ima namjeru da postane velika, a veliki poslovni sistemi imaju posebnu, nezaobilaznu ulogu i zna?aj za privredu i društvo svake države. Dakle, sistem korporativnog upravljanja i nadzora postaje bitna pretpostavka uspješnosti kompanija i indirektno jedna od poluga privrednog i društvenog razvoja.

In the wake of the financial crises of the late 1990s, there was a surge of interest in the systematic assessment of financial sectors, with a view to identifying vulnerabilities and evaluating the sector's developmental needs. Consequently, there has been an increased demand from financial sector authorities in many countries for information on key issues and sound practices in the assessment of financial systems and the appropriate design of policy responses. In response, Financial Sector Assessmsnet presents a general analytical framework and broad guidance on approaches, methodologies and key techniques for assessing the stability and development needs of financial systems. It synthesizes current global sound practices in financial sector assessment.