Rolling spot forex is a growing business. The key problem is whether it could be classified as a financial instrument or could be classified as gambling contract. Each legal system has different approach. Nevertheless the legal position of rolling spot forex is unclear. This submission is...

Market in financial instruments directive tried to suppress the rigidity of EU legislative procedure with introduction of principle based legislation. At that time this approach was seen as something new and fresh. Big financial crisis in 2008 showed that adopted solution didn’t fulfil the...

Last financial crisis brought out the debate about efficacy of financial sector's supervisors. There is a strong debate about the reform of supervising system in the States and within EU countries. In fact, all of the administrations in developed countries are now facing the main question how to...

Public private partnerships in the field of public services become very popular at the beginning of the 1990’s. It was – and in some states still is – a recipe how to provide quality public good or service with little or no public money. Further situation showed that public private...

3P is the magic stick for all governments how to improve the quality of public services and to lower the budgetary expenses. It was spread from USA and UK to all developing countries. After first good results, 3P entered in to a crisis. End users aren’t satisfied any more, private interest...

(X)NGOs1 in nowadays world become more and more important player who not only fulfill the humanitarian goals but also fulfill political goals of it members or even its sponsors. For (X)NGOs late task becomes easier because state uses them as auxiliary legislator. There are diverse reasons for...

Privatization of health care system in ex socialist states is one of the most controversial political and legal questions. On one part there is a widening discrepancy between the costs of health care system and the capability of public finances to cover these costs. On the other part there is a...

With the accession of ex socialistic countries in EU the problem of public sector privatization become the most popular and at the same times the most important political question. Privatization becomes at the end of the 20th century the magical word, which will resolve all the problems and...