Понятието ''банкова система'' според българското банково законодателство
The concept of banking system according to Bulgarian banking legislation

Author(s): Suleyman Bashov
Subject(s): Economy, Law, Constitution, Jurisprudence, Constitutional Law
Published by: Университет за национално и световно стопанство (УНСС)
Keywords: banking system; financial system; finance; banking; banking law
Summary/Abstract: This report examines the framework of the banking system through the prism of the current Bulgarian legislation. The study begins with a comparative overview on the banking and financial systems and focuses on the different content that finance and law theory put into these concepts. In this comparison, the report is based on the ideas of Prof. Valery Dimitrov, who outlines the framework of the modern Bulgarian financial system from the position of the socalled legal conception of finance. In this conceptual framework, the report marks the relationship between the financial and banking systems as concepts of Bulgarian legal system. According to the author’s thesis, the different content that legal and economic theory put into them is due to the specific angle from which they observe them. For the finance (economic) theory, this angle of view is the money and the assets as objects of the social relations, while for the Bulgarian legal science this angle of view is the legal nature of their legal regulation. Central point in the report is the analysis of the banking system and its institutional frameworks, which according to the author's thesis, are fixed in art. 20, para. 2 and para. 3 of the Bulgarian National Bank Act.

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