Email this article On the Legal Contours of the Financial System of the Future
- Authors: Zapolsky S.V.1, Vasyanina E.L.1
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Affiliations:
- Institute of State and Law of the Russian Academy of Sciences
- Issue: No 7 (2025)
- Pages: 115-124
- Section: Budget, taxes, banks
- URL: https://journal-vniispk.ru/1026-9452/article/view/306368
- DOI: https://doi.org/10.31857/S1026945225070124
- ID: 306368
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Abstract
In order to determine the directions of evolution of the legal model of financial relations for the established perspective, the article examines the problems of applying private law structures in financial relations; special attention is paid to the study of administrative and legal aspects of money supply management, as well as to the study of problems in the field of the emergence and fulfillment of financial obligations that ensure the functioning of the monetary mechanism of the state. The use of general logical research methods, including analysis and synthesis, formal legal and comparative legal methods allowed the authors to come to the conclusion that in order to avoid the process of degradation of legal institutions that are important for the functioning of the financial mechanism of the state, the formation of an integrative legal model of financial relations should be accompanied by work to harmonize private and public law methods of regulation; legal regulation of financial obligations, on the one hand, should be aimed at creating conditions for the development of investment activity of business entities, and on the other, at strengthening guarantees for the implementation of a person’s right to manage finances; in order to create an effective mechanism for managing the money supply, there is an urgent need to develop a legal structure that ensures the integration of monetary, budget and fiscal policies, contributing to strengthening the level of guarantees of financial stability of the Russian Federation; to create a qualitatively new level of legal support for monetary circulation, it seems appropriate to improve the mechanism for controlling the movement of capital through the creation of “financial customs”, the role of which can be performed by the Bank of Russia with the help of legal tools that ensure the integration of the circulation of cryptocurrencies into the financial system of the state, as well as control over internal and external ruble market.
About the authors
S. V. Zapolsky
Institute of State and Law of the Russian Academy of Sciences
Author for correspondence.
Email: zpmoscow@mail.ru
10 Znamenka str., 119019 Moscow, Russia
E. L. Vasyanina
Institute of State and Law of the Russian Academy of Sciences
Email: elenavasianina@yandex.ru
10 Znamenka str., 119019 Moscow, Russia
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