Current status of legislative en suring of financial institution employees in Ukraine

Abstract

It is established that in the sphere of activity of financial institutions play a huge role played by internal regulations, which regulate the workflow of employees of financial institutions. As a consequence, in each individual financial institution, an employee may receive a different amount of legal personality, rights, obligations, legal safeguards, legal liability, restrictions and prohibitions, which may lead to an unjustified restriction on employees' rights. It has been found that the peculiarities of regulatory support for credit union employees, which are financial institutions, are the regulation, credit union statutes, decisions and regulations, which are based and must comply with the requirements of the current legislation governing the activities of credit unions. Also, credit institution employees are guided in their activities by the requirements of the regulations that are developed for each structural unit and other internal documents of each individual credit institution. It is determined that among the general features of regulatory support for employees of financial institutions it should be noted that most financial institutions develop and adopt internal regulations that regulate the workflow of employees of financial institutions. Duties are set for each individual position, which in most cases are defined in job descriptions. It is emphasized that the legal basis for the training of financial institutions employees for financial monitoring is a typical specialization training program. Such an act as a standard program shall be made public and published in official sources and in the media. It is concluded that in the sphere of activity of financial institutions there are a large number of legal acts that regulate legal relations related to the activities of employees of financial institutions, and there are no specific rules that would establish employees of financial institutions as a special category of employees. It is concluded that it is necessary to adopt an act that regulates the peculiarities of activities of employees of financial institutions, as well as systematizes and regulates the rules that in one way or another apply to employees of financial institutions.