Comparative legal analysis of US and Japanese banking systems
In modern models of market economy, the banking system plays an important and special role in the development and functioning of almost any state. The article examines the main provisions, structure and elements of the banking systems of two stable countries - the United States and Japan. The main focus of the work is to analyze the systems and determine the differences between them. The author of the article focuses on the structure and main functions of the banking system, which makes it possible to distinguish the differences between the us and Japanese systems. They also briefly reviewed the regulatory and legal acts that define the activities of banks and establish the competence of the relevant authorities. The presence or absence of dependence of the banking system on the state power mechanism-the President, the Council and the government of the countries under consideration - has not been spared.