Each state has Central Bank. Its regulation is governed by the Law on the Bulgarian National Bank, promulgated in State Gazette issue 46 of 10.06.1997 as last amended in year 45 of 30.01.2002 year. Under Article 1 paragraph 1 of the same law, "National Bank is the central bank of the Republic of Bulgaria. It is a legal entity. "
The main task of the CB is to act to maintain the stability of the national currency by implementing monetary and credit policies to promote the establishment and operation of payment mechanisms.
What distinguishes Central Bank from other banks:
-The right to issue banknotes and coins in the country
She's issuing institution and no other institution with such a right
On the other side of the Central Bank recognized regulatory and control functions in order to maintain the stability of the banking system and protecting the interests of depositors.
Essential to the legal status of the Bank, which is defined in the Act, and K is its absolute independence from the state system. She is not in a position of subordination, it reports only the Central Bank. This is an important legal guarantee of its independence because it fulfills the state budget, which means that all appropriations, revenues accumulate in Central Banks. After everything said here can make the following conclusions:
The subject of Banking Law is complex. It is not homogeneous, as included in its composition, both commercial and civil law. That is why we have many laws and regulations that form the industry. The main source is the Constitution. It is treated equal subjects of the banks there. On it are built special laws represent the second major source, namely the Banking Act, which is consistent with the European Directive BNBA, Exchange Act, pledges, etc., regulations, Ordinance № 3 payments of 10.07. 1992 years, Ordinance № 8 on the Capital adequacy of 15.07.1997 year.
From civil laws are: OCA - the general part and the provisions relating to personal and real securities contract for deposit and loan, CPC, CA. The source can be considered the law of insurance. Companies are considered to be subject to the Banking Law.
With the development of market economy in the country right term bank began increasingly to be mentioned in the media, in conversations, etc. It can be seen in several aspects. The first and most important industry is like. Therefore, banking law is a set of norms that regulate social relations arising in connection with the implementation of the banking. The relationship is always one side is a bank or non-bank financial institution. The term bank means law and science, whose subject is the study of the banking law as a branch, ie as part of the objective of substantive law. The banking law was as a legal phenomenon that is a product of economic necessity to run certain processes in the economy, which are based on banking. For the separation of banking sector may have important object of legal regulation. With its accurate determination is deciding to carve the banking law as a separate cluster and its differentiation from other branches of law. The subject of banking law are banking relationships, ie those relations that arise with the implementation of the banking. By their nature, they are financial cash relations, which arise in connection with the conclusion and execution of banking transactions. For these relations we can say that they have relationships, since they include rights and obligations of subjects.
It is no surprise to anyone that many people nowadays find themselves charged with drinking and driving. Most of the people charged with a DUI have no previous records of criminal charges. That is why it is extremely important for them to go straight to toronto-criminal-lawyers.ca in order to make sure this is their last charge and they can live in peace after they get the best deal they can possibly get under the circumstances. It is vital to see that many people nowadays are getting help from lawyers and can see their situations turned around, coming out on top in any problem. Pleasing guilty without talking to a lawyer is the worst case scenario and should be avoided at all costs. So make sure you go to a lawyer, state your case honestly and clearly, and forget it all.
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One of the most - authoritative international organizations, registration is a library of U.S. Congress (in - just - Management of copyright protection library). Existing registration certificate of the organization significantly simplify the decision of many issues both in the U.S. and the state authorities of other countries. It is incorporated can be created not only computer programs but also the rights of authors who have already been violated. The registration fee in the first case is $ 30, and the second - $ 200. Unlike our system of registration in the U.S. computer program is considered to be registered at the time of receipt of application for registration. Registration for the author must submit:
a) an application (form is provided);
b) confirmation of the fee;
c) a copy of the program.
If a positive decision the applicant is sent a registration certificate.
The Internet relations are highly complex, having foreign element. These relationships have a place where the electronic transaction is between parties from different countries, damage caused due to the use of Web - site located on a server in a foreign country, violation of the laws of another state relating to the protection of intellectual property rights and etc. Thus the Internet is a completely new legal environment in which rules of law passed state boundaries and the behavior of individuals operating within it are considered the panel of private international law. Primarily to these relations the following questions arise on private international law:
- which state court is subordinate relationship, ie court or competent authority of any country have the right to hear legal disputes;
- which country's law applies;
- the applicable law.
The given specificity of the Internet - the relations above issues are solved - other than in similar cases, where at issue are traditional, ie applied in the real world, relations with foreign element. In this connection requires the clarification of certain legal situations related to: