The Legal Regulation of Monetary System, Financial Market, and Public Finances in European Union Context

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Authors

MRKÝVKA Petr

Year of publication 2011
Type Chapter of a book
MU Faculty or unit

Faculty of Law

Citation
Description The Czech Republics`s membership in the EU has a significant effect on the form of national financial law. Financial law of the EU is regulated in both primary and secondary sources. Where EU law is divided into internal and external, financial law also has its own two fields operation. Internal financial law of the EU pertains to the monetary law of the EU and its finances. External financial law involves legal regulation with the special purpose of ensuring a single internal market in relation to the finances of the Member States of the EU - financial law of the EU. External financial law includes legal regulation targeted towards harmonization of national laws and EU law for the purpose of determining the common principles related to the functioning of the common market. The chapter is about legal regulation of the monetary system in the Czech republic (monetary law), interventions into the handling of foreign exchange, state interventions into the financial market and czech public finances.
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