ІНСТИТУЦІОНАЛЬНІ АСПЕКТИ РЕГУЛЮВАННЯ ІННОВАЦІЙНИХ ФІНАНСОВИХ ТЕХНОЛОГІЙ У КОНТЕКСТІ РОЗВИТКУ КРИПТОВАЛЮТ

• Datum: 2019
• Hauptverfasser: Kovalchuk, A.T., Kotlyarevskyy, Ya.V., Knyazev, S.I.
• Format: Artikel
• Sprache: Ukrainisch
• Veröffentlicht: V. Mamutov Institute of Economic and Legal Research of the National Academy of Sciences of Ukraine 2019
• Online Zugang: https://economiclaw.kiev.ua/index.php/economiclaw/article/view/952
• Назва журналу: Economics and Law

One of the more notable developments in financial infrastructure framework during recent years has been the emergence of networking alternative financing platforms, aimed at bringing together firms and individuals looking for capital and others that have money to lend, invest or donate. That was upticked by establishment of innovative financing platforms and different business models, starting with peer-to-peer lending and equity crowdfunding and evolving to cryptocurrencies and virtual services providers. The emergence of crypto-assets is an important area of interest for regulatory authorities, including those dealing with issuance and secondary trading of crypto-assets. This article focuses on the innovative financial technologies impact phenomena, acknowledging FinTech imputed substantial benefits to the financial sector infrastructure, as well as considerable risks. Along with the analysis of theoretical developments of domestic and foreign scholars, an attention is paid to global discourse involving G20 and G7 countries, Financial Stability Board, Financial Action Task Force on Money Laundering (FATF), The International Organization of Securities Commissions (IOSCO) that raise serious regulatory and systemic concerns, as well as wider policy issues, which both need to be addressed before such projects can be implemented in full scope and integration prospects. Thus, emphasized the necessity to introduce the highest standards of financial regulation, especially with regards to anti-money laundering and counteraction to financing terrorism (AML/CFT), anti-corruption, financial transparency, accountability and inclusion in order to guarantee the stability of the financial system and consumer protection with awareness towards possible regulatory gaps. 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