The Committee on Justice upholds the bill to amend several legislative acts of Ukraine regarding creation of the system of financial services protection on financial markets of Ukraine

Information Department
14 September 2012, 12:52

The bill (Reg. No. 9594) is aimed at establishment of state system of protection for consumers of financial services, as well as improvement of a number of principal provisions of respective legislation that should approximate Ukrainian legislation in the sphere of financial services to the norms of the European legislation with consideration of universal principles regarding protection of rights of financial service consumers elaborated by the Organization for Economic Co-operation and Development.

 

Members of the Committee believe that adoption of the bill would facilitate establishment of reliable state system of protection for financial service consumers that would result in improvement of investment climate in the country and attraction of funds into the financial market.