Legal regulation of payment systems in Ukraine: current situation and the prospects for development

Taras  Protsenko; Yevhen  Sobol; Pylyp  Yerpyntsev; Viktor  Koshchynets; Anna-Maria  Anheleniuk

doi:10.46398/cuestpol.3969.28

Taras Protsenko State Research Institute of the Ministry of Internal Affairs of Ukraine https://orcid.org/0000-0003-0611-5258
Yevhen Sobol Volodymyr Vynnychenko Central Ukrainian State Pedagogical University https://orcid.org/0000-0002-0804-8354
Pylyp Yerpyntsev Donetsk Law Institute Yeprintsev Philip Serhijovich https://orcid.org/0000-0002-9790-9565
Viktor Koshchynets National Academy of Internal Affairs https://orcid.org/0000-0002-3694-4586
Anna-Maria Anheleniuk Ministry of the State Research Institute of the Ministry of Internal Affairs of Ukraine https://orcid.org/0000-0001-5947-5105

DOI: https://doi.org/10.46398/cuestpol.3969.28

Keywords: payment systems, payment services, payment legislation, payment directives, non-cash payments

Abstract

The purpose of the article is to consider the main international regulations on the introduction and operation of payment systems in Europe, as well as national legislation providing for the development of payment systems in Ukraine. The research methodology includes the following general and special legal methods: axiological, historical and legal, formal and logical, comparative and legal, as well as the methods of analysis and synthesis, induction and deduction, summarization. Results of the research. The main international regulations on the formation and functioning of payment systems in the European countries, which became the basis for the development of relevant legislation of Ukraine in this area, are analyzed. The legal acts that currently regulate this issue in our country are considered, as well as Draft Laws aimed at resolving existing problematic issues in the payment systems market are examined. Practical meaning. The positive dynamics of the development of the Ukrainian payment legislation in accordance with the needs of the market and changes in the payment habits of the population are established. Value / originality. Emphasis is placed on the need for the further measures by the National Bank of Ukraine in order to harmonize national legislation with the European regulations in this area.

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Author Biographies

Taras Protsenko, State Research Institute of the Ministry of Internal Affairs of Ukraine

Doctor of Juridical Sciences, Professor, Chief Researcher of the Research Laboratory of Criminological Research and Problems of Crime Prevention of the State Research Institute of the Ministry of Internal Affairs of Ukraine, Ukraine.

Yevhen Sobol, Volodymyr Vynnychenko Central Ukrainian State Pedagogical University

Doctor of Law, Professor, Head of the Department of State Legal Disciplines and Administrative Law of Volodymyr Vynnychenko Central Ukrainian State Pedagogical University, Ukraine.

Pylyp Yerpyntsev, Donetsk Law Institute Yeprintsev Philip Serhijovich

Vice-principal of Donetsk Law Institute Yeprintsev Philip Serhijovich, Candidate of Law

Viktor Koshchynets, National Academy of Internal Affairs

Doctor of Law, Associate Professor, Professor of the Department of Legal Psychology of the National Academy of Internal Affairs, Ukraine.

Anna-Maria Anheleniuk, Ministry of the State Research Institute of the Ministry of Internal Affairs of Ukraine

PhD in Law, Researcher of the 3rd NDV NDL on the problems of legal and organizational support activities for the Ministry of the State Research Institute of the Ministry of Internal Affairs of Ukraine.

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