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Legal aspects of currency and money circulation
Hájek, Roman ; Kotáb, Petr (advisor) ; Kohajda, Michael (referee)
"Legal aspects of currency and money circulation" represent a very original and specific area of monetary law. They are closely related to the economic and social issues, as the money as a phenomenon affects long-term visions as well as everyday life. The objective of my diploma thesis was a view on the current legislation of Czech currency and money circulation in the context of monetary theory and monetary law. Where required, there is a historical development of Czech legal currency and, in brief, issues related to the adoption of the common currency euro in the Czech Republic. This diploma thesis is divided into two parts each of them is subdivided into chapters and subchapters. The first part focused on selected legal aspects of the currency gives, at first, a brief overview of the relationship between the currency and the money. There are analyzed the parts of monetary sovereignty, including the relation between the monetary sovereignty and the monetary union. The comprehensive part is focused on the legal regulation of a legal currency, the historical development (including processes associated with the division of the common currency of the Czech Republic and the Slovak Republic) and the current status of the legal currency in the Czech Republic. With the similar structure, the second part...
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Law regulation of banknotes and coins circulation in the Czech Republic
Vrba, Jan ; Kotáb, Petr (advisor) ; Kohajda, Michael (referee)
This thesis focuses on the law regulation of the paper currency, coins and money circulation in the Czech Republic. It is divided into six chapters. The first chapter is intended to introduce the issue of the currency to a reader by explaining the concept of money, currency, legal tenders and related matters. It describes also the process of money creation and historical evolution of money in the world and within the Czech Republic as well. The second chapter examines the current law regulation regarding to the currency and the money circulation in the Czech Republic. It provides brief explanation of source of law concept and specifies the fundamental legal regulations relating to the currency and money circulation. The third chapter is concentrated on the role of the Czech national bank as the central bank of the Czech Republic. The fundamental activities performed by the Czech national bank upon the laws, such as the issuance of the fiat money and the management of the circulation of currency, are discussed in this chapter. The fourth chapter is dedicated to the Czech coinage. The chapter describes structure of currency in circulation in the Czech Republic, reveals what is the legal tender in the Czech Republic and identifies certain loophole (error in law) in the regulation regarding the...
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Legal aspects of currency and money circulation
Kovandová, Markéta ; Kotáb, Petr (advisor) ; Kohajda, Michael (referee)
Legal aspects of currency and money circulation - abstract "Legal aspects of currency and money circulation" is a very interesting matter that comprises a wide range of various issues. Issues related with currency and money circulation are not only issues of law - these are related to day-to-day life as well. The purpose of my diploma thesis is to deal with these issues, that are not usually in the centre of attention and also I would like to focus on relatively new legal regulation in the area of money circulation. This diploma thesis is concerned with relevant Czech legislation. Relevant European legislation is mentioned as well. This diploma thesis is divided into four parts, each of them is subdivided into chapters and subchapters. The first part briefly explains the terms of money, currency, legal tenders and related problems. Its aim is also to outline basic information about relevant Czech legislation and several activities of the Czech National Bank. The second part is concerned with circulation of money and related matters. At first it is necessary to define the term of money circulation. In the centre of attention in this part is the obligation to accept legal tenders and the related right to deny their acceptation. The second part is also dealing with imitations of money and money substitutes....
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Legal aspects of currency and money circulation
Hrdlička, Tomáš ; Kotáb, Petr (advisor) ; Vybíral, Roman (referee)
Monetary law, under which we could subsume this diploma thesis entitled "Legal aspects of currency and money circulation", is a part of financial law, more precisely it is a section of its special part. Already from this classification, the proximity of this field of legal science with another science, with economic science, is evident. This is exactly what I tried to base the writing this thesis on and so in its first section I deal with money in general, I characterize it from an economic point of view, I briefly outline their development and development of selected economic and sociological theories. I also distinguish it from another institute, which is already closer to the law and which is the currency. In the second section of this work I deal with the Czech legal tender - the Czech crown - both from the point of view of their legal regulation, which I characterize and assess its elements, and from the point of view of the current system of Czech legal tender. I evaluate both the legal regulation and the system of Czech currency and try to find their weaknesses, which could be potentially eliminated by the legislator or the issuer. At the end of the same section, I also reflect on the future of the current Czech currency system and I find that the Czech National Bank, as the issuer of the...
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Law regulation of banknotes and coins circulation in the Czech Republic
Vrba, Jan ; Kotáb, Petr (advisor) ; Kohajda, Michael (referee)
This thesis focuses on the law regulation of the paper currency, coins and money circulation in the Czech Republic. It is divided into six chapters. The first chapter is intended to introduce the issue of the currency to a reader by explaining the concept of money, currency, legal tenders and related matters. It describes also the process of money creation and historical evolution of money in the world and within the Czech Republic as well. The second chapter examines the current law regulation regarding to the currency and the money circulation in the Czech Republic. It provides brief explanation of source of law concept and specifies the fundamental legal regulations relating to the currency and money circulation. The third chapter is concentrated on the role of the Czech national bank as the central bank of the Czech Republic. The fundamental activities performed by the Czech national bank upon the laws, such as the issuance of the fiat money and the management of the circulation of currency, are discussed in this chapter. The fourth chapter is dedicated to the Czech coinage. The chapter describes structure of currency in circulation in the Czech Republic, reveals what is the legal tender in the Czech Republic and identifies certain loophole (error in law) in the regulation regarding the...
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Legal aspects of currency and money circulation
Hájek, Roman ; Kotáb, Petr (advisor) ; Kohajda, Michael (referee)
"Legal aspects of currency and money circulation" represent a very original and specific area of monetary law. They are closely related to the economic and social issues, as the money as a phenomenon affects long-term visions as well as everyday life. The objective of my diploma thesis was a view on the current legislation of Czech currency and money circulation in the context of monetary theory and monetary law. Where required, there is a historical development of Czech legal currency and, in brief, issues related to the adoption of the common currency euro in the Czech Republic. This diploma thesis is divided into two parts each of them is subdivided into chapters and subchapters. The first part focused on selected legal aspects of the currency gives, at first, a brief overview of the relationship between the currency and the money. There are analyzed the parts of monetary sovereignty, including the relation between the monetary sovereignty and the monetary union. The comprehensive part is focused on the legal regulation of a legal currency, the historical development (including processes associated with the division of the common currency of the Czech Republic and the Slovak Republic) and the current status of the legal currency in the Czech Republic. With the similar structure, the second part...
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Issuance of money by the central bank and its prospect after accession to the European Monetary Union
Moravec, Jaroslav ; Karfíková, Marie (advisor) ; Kohajda, Michael (referee) ; Dřevínek, Karel (referee)
Issuance of money by the central bank and its prospect after accession to the European Monetary Union (abstract) The presented thesis analyzes the problems of issuance of money by the Central Bank in the Czech Republic. The issuance of money is analyzed particularly from the viewpoint of its legal regulation but attention is also paid to its practical implementation in the official practice of our Central Bank. The aim of the thesis is to comprehensively elaborate substantial part of the legal regulation in this area. Attention is paid particularly to applicable legal regulation but also to regulations that have been repealed in the period from establishment of the Czech Republic to the present time. This area of our day to day life has not been frequently explored and there is only minimum related financial-law literature. This, on the other hand, provides more space for the analysis of little known information from official practice. The first part of the thesis provides an overview of the history of issuance of money in our territory after 1918. Initially, it deals with the Austro-Hungarian crown currency and its banknotes and coins that had been circulating in this country after the establishment of the independent Czechoslovak state. It further analyzes the development of cash circulation of the...
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Legal aspects of currency and money circulation
Kovandová, Markéta ; Kotáb, Petr (advisor) ; Kohajda, Michael (referee)
Legal aspects of currency and money circulation - abstract "Legal aspects of currency and money circulation" is a very interesting matter that comprises a wide range of various issues. Issues related with currency and money circulation are not only issues of law - these are related to day-to-day life as well. The purpose of my diploma thesis is to deal with these issues, that are not usually in the centre of attention and also I would like to focus on relatively new legal regulation in the area of money circulation. This diploma thesis is concerned with relevant Czech legislation. Relevant European legislation is mentioned as well. This diploma thesis is divided into four parts, each of them is subdivided into chapters and subchapters. The first part briefly explains the terms of money, currency, legal tenders and related problems. Its aim is also to outline basic information about relevant Czech legislation and several activities of the Czech National Bank. The second part is concerned with circulation of money and related matters. At first it is necessary to define the term of money circulation. In the centre of attention in this part is the obligation to accept legal tenders and the related right to deny their acceptation. The second part is also dealing with imitations of money and money substitutes....
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