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Legal aspects of currency and money circulation
Švábová, Petra ; Kotáb, Petr (advisor) ; Kohajda, Michael (referee)
1 The legal aspects of currency and payment system Resume: The monetary law as a part of the financial law is concentrating mainly on institutions of currency, its emissions, payment systems and its security. Currency is a concrete monetary system in a concrete state, which is settled by legal acts of this state. The state authority specifies not only the nominal value of banknotes and coins, but also rules of their reproduction, rules of the exchange of damages banknotes for new ones, rules of their acceptance as a payment instruments, rules o payment systems etc. The monetary system in Czech Republic is compounded of banknotes in denomination of 50, 100, 200, 500, 1000, 2000, 5000 and coins in denomination of 1, 2, 5, 10, 20, 50. The currency named Czech koruna and it is divided into 100 hellers. The sole institution, which has a legal right to emit banknotes and coins, is the Czech National Bank by the Act no. 6/1993 Co. The CNB through its ordinances specifies the emission of a concrete banknote or coin, its size, design, weight... and beginning of validity (for example the Ordinance CNB no. 78/2009 Co. or Ordinance CNB no. 111/1993 Co.). To protect banknotes against a counterfeiting they are provided by security features as watermark, security threads, perforation, see-through mark, hologram, raised...
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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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Analysis of the contemporary Czech banknotes of Oldřich Kulhánek and the suggestion of new Czech banknote
PECINOVÁ, Kristýna
The bachelor thesis is divided into two parts: theoretical and practical. The theoretical part states a short analysis of development and technology of production of means of payment and coins, contemporary Czech bank notes and their authors. There is also described a comparison of Czech banknotes' and European banknotes' motives. In the theoretical part are included information about the author of banknotes' concept, Mr. Oldřich Kulhánek. In the practical part is described the own process of banknote concept itself in details. A part of practical part shows the own concept of the banknote.
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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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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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The comparison of protection of Czech and Swiss banknotes
HONNEROVÁ, Lucie
The presented bachelor thesis deals with protection of Czech and Swiss banknotes and with related criminality of forging banknotes in the Czech Republic and Switzer-land. The work describes anti-counterfeiting measures in both coun-tries and presents official statistics of the incidence of counterfeit money. The situation in both countries is then compared and leads to a conclusion which of the currencies is less protected.
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The comparison of protection of Czech and European banknotes
NESNÍDALOVÁ, Kristýna
The bachelor thesis deals with the problem of counterfeit currency. It focuses primarily on banknotes in the Czech Republic and the Euro zone. The first part describes the history of development in forgery and falsification of the banknotes, especially the counterfeit methods. Special attention is given to protective elements found on the "Czech Koruna" and the Euro banknotes. The second part solves the security features on the various denominations of banknotes. This work compares the security features of each denomination of the latest series of Czech banknotes with older series of Czech banknotes and current Euro banknotes. Tables and graphs contain numbers of counterfeit banknotes for several years. Data are obtained from the statistics of the Czech National Bank and Europa Central Bank. Finally, the paper evaluates the level of protection of Czech and Euro banknotes, and includes recommendations on how to improve protection of both currencies.
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Legal aspects of currency and money circulation
Švábová, Petra ; Kotáb, Petr (advisor) ; Kohajda, Michael (referee)
1 The legal aspects of currency and payment system Resume: The monetary law as a part of the financial law is concentrating mainly on institutions of currency, its emissions, payment systems and its security. Currency is a concrete monetary system in a concrete state, which is settled by legal acts of this state. The state authority specifies not only the nominal value of banknotes and coins, but also rules of their reproduction, rules of the exchange of damages banknotes for new ones, rules of their acceptance as a payment instruments, rules o payment systems etc. The monetary system in Czech Republic is compounded of banknotes in denomination of 50, 100, 200, 500, 1000, 2000, 5000 and coins in denomination of 1, 2, 5, 10, 20, 50. The currency named Czech koruna and it is divided into 100 hellers. The sole institution, which has a legal right to emit banknotes and coins, is the Czech National Bank by the Act no. 6/1993 Co. The CNB through its ordinances specifies the emission of a concrete banknote or coin, its size, design, weight... and beginning of validity (for example the Ordinance CNB no. 78/2009 Co. or Ordinance CNB no. 111/1993 Co.). To protect banknotes against a counterfeiting they are provided by security features as watermark, security threads, perforation, see-through mark, hologram, raised...
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Culture and Ideology in the light of the iconography of Czechoslovak paper money of second half of the 20th century
ŠTĚPANČÍK, Zdeněk
The presented diploma thesis is dedicated to the Czechoslovak paper money is-sued after 1948 until 1989, which is used as a source of historical memory. On paper money is mainly investigated their thematic content, which passed for their development time significant changes and that reflected important needs of the communist regime. The basic source for research this theme is paper money of defined period with taking into account the pre-war paper money because of their comparison. In addition, consideration is given to archival sources, contemporary posters, films, literature, songs, etc. The main target of this work is to determine how paper money reacted to the change of the political system after 1948 and how it was reflected by the users them-selves. It will also be monitored the rise of Soviet influence, sphere of allegorical humor and reflection of artistic community.
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Protection and forgery of payment instruments
Valterová, Šárka ; Křížek, Tomáš (advisor) ; Gruber, Petr (referee)
This bachelor thesis deals with the counterfeit protection and counterfeit itself related issues of payment instruments. The main part of the thesis is devoted to the security features of banknotes and payment cards. In this thesis, banknotes are divided into three categories based on the method of production for classification purposes. These three categories consist of paper, polymer and hybrid banknotes and Czech crown, the Australian dollar and the Swazi lilangeni were chosen as representatives. Furthermore, the thesis focuses on counterfeiting particular payment instruments and comparison of them.
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