State Policy of Consumer Protection in the Digital Financial Services Market in Ukraine

• Autorzy: Sophia Lobozynska , Iryna Skomorovych , Ulyana Vladychyn
• Języki publikacji: EN

Abstrakty

EN

The rapid development of digital financial technologies in Ukraine leads to the emergence of new risks and to significant consumers' losses in the financial market. The aim of the study is to develop strategic directions of state policy of consumer protection in the digital financial services market considering the best world practices and features of the financial system of Ukraine. System scientific analysis was used to study the possibilities of implementing international quality standards for digital financial services in Ukrainian legislation. The method of statistical analysis of data was used to form the imperial basis of the study. Based on the global experience and taking into account the peculiarities of Ukrainian fintech market the state policy should consist of three strategic directions: 1) create a system of legal regulation of the mechanism of protection of consumers' rights of digital financial services; 2) introducing a risk-oriented approach to regulating the digital financial services delivery process to consumers; 3) strengthening of digital financial literacy and public awareness. Such state policy will form a reliable system of consumer protection in the digital services market in Ukraine.(original abstract)

Słowa kluczowe

EN

Financial services; Digital technologies; Computer systems protection; Public policy

PL

Usługi finansowe; Technologie cyfrowe; Ochrona systemów komputerowych; Polityka publiczna

• Czasopismo: Finanse i Prawo Finansowe
• Rocznik: 2021
• Numer: nr specjalny
• Strony: 89--100

Twórcy

autor

Sophia Lobozynska

• Ivan Franko L'viv National University, Ukraine

autor

Iryna Skomorovych

• Ivan Franko L'viv National University, Ukraine

autor

Ulyana Vladychyn

• Ivan Franko L'viv National University, Ukraine

Bibliografia

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Identyfikatory

DOI

10.18778/2391-6478.S.2021.05