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Financial Law and Management
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Moroz K.S. Defining the Ñoncepts of 'Services' and 'Financial Services' for the Purposes of Legal Regulation of Foreign Trade Activity

Abstract: In this article Moroz analyzes the concept of services and their special kind, i.e. financial services  both at the doctrinal level and at the level of legal regulation within the framework of the World Trade Organization, European Union and Eurasian Economic Union as well as at the level of national legislation. In this context, the article presents the international legal acts and the court practice  of integration associations; special attention is paid to the national legal regulation of financial services, in particular, in terms of international legal regulation in the sphere of services. In the course of research the author applied the comparative legal research method as well as analysis and synthesis, which allowed to draw the following conclusions. The author notes that in this the article the author separated the concept of "service" and the concept of "external trade in services" and focuses on the difference between the legal regulation of these terms in various integration associations at the national level. The article displays the author's definition of services, as well as criteria for determining financial services.


Keywords:

services, financial services, World Trade Organization, general agreement, free movement of goods, services and capital assets, Eurasian Economic Union, foreign trade services, European Union, trade in services


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