METHODS AND MECHANISMS FOR ENSURING FINANCIAL AND ECONOMIC SECURITY OF UKRAINE

Анотація

Abstract. The issue of legal regulation of financial and economic security of Ukraine is extremely relevant. In our opinion, the most challenging issue in the system of legal regulation of financial and economic security is the issue of state intervention in the economy. The theoretical framework of this study is based on the work of scholars and an analysis of the potential of the state. The authors support the need to avoid state influence on economic processes. Relevance. The purpose of this study is to highlight the issues of legal regulation of financial and economic security in the context of modern challenges and threats to the sovereignty of Ukraine and to demonstrate the principles that ensure long-term financial stability of the national economy. Scientific novelty. The results of this study are intended to improve the financial and economic security mechanisms of the state by demonstrating measures to strengthen them through legal regulation. Conclusions. The article analyzes the results of scientific research on the issues of legal regulation of financial and economic security of Ukraine. The article promotes the idea of the state financial security regulating, that is regulated by the Law of Ukraine "On the Fundamentals of Financial Security", which would contain clearly defined approaches to the formation of financial security system of the state. The authors suggest the following steps to improve this strategy: the expediency of using appropriate programs with clearly defined sources and amounts of funding, stages of implementation and assigned persons, the expansion of the list of indicators of financial security, etc. The revision and improvement of the current legal framework for regulating financial and economic security and the substantiation of new indicators of financial security that are in line with EU practice are promising for further research. To overcome corruption, institutional measures are proposed, namely: further cooperation with the anti-corruption monitoring body of the Council of Europe and the adoption of European standards in the fight against corruption. In terms of structural measures, it is necessary to simplify the structure and reduce the number of bureaucratic apparatus, as well as to actively promote digital technologies, which will reduce the time for resolving any economic and bureaucratic issues and reduce the corruption component.

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