ELEMENTS OF THE MECHANISM OF ADMINISTRATIVE AND LEGAL PROTECTION OF SOCIAL (PUBLIC) INTERESTS IN THE ACTIVITIES OF INSTITUTIONAL INVESTORS
Pages: 175-183
Year: 2023
Location: Pravova Ednist Ltd
Дата публікації: 28.01.2024
Keywords
institutional investor, protection of public interest, mechanism, public administration.
Review
The article is devoted to the study of distinguishing the elements of the mechanism of administrative and legal protection of public interests in the activities of institutional investors. The of the article is scientifically based identification of the elements of the mechanism of administrative and legal protection of public (public) interests in the activities of institutional investors. The author emphasizes that the mechanism of protection of public interests should not be identified with the mechanism of public management of the activities of institutional investors since it should cover only the spectrum of phenomena and processes designed to protect the established legal order in this area and respond to any encroachments on it by various sub-entities due to the mismatch of interests of different parties of the public administration system. To the elements of the mechanism of administrative and legal protection of public interests in the activities of institutional investors, the author proposes to include a complex of specific forms and methods of management activity, administrative tools, and administrative procedures aimed at: preventing the emergence of contradictions between the elements of the public management system of the activities of institutional investors, which may affect the public interests (including through the improvement of regulatory norms and regulatory aspects of the general management system) of citizen-investors; prevention of contradictions between the elements of the public administration system, which may affect (create risks or lead to) violation of public interests (citizen-investors); response to contradictions (their termination) that arose between the elements of the system of public management of the activities of institutional investors, which led to a violation of the public interests of citizen-investors; bringing to legal responsibility for offenses that led to the violation of the public interests of citizen-investors; restoration of public interest, rights, freedoms, and legitimate interests of citizen