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NBU seeking to develop position on peer-to-peer lending legislation
Journal Staff Report

KIEV, April 26 – The National Bank of Ukraine seeks to develop a consolidated position on legislating P2P (Peer-to-Peer) crediting service for small enterprises and the public jointly with professional market players and the profile parliamentary committee.

The regulator said on its website that the Law on banks and banking operations cannot apply to P2P crediting, and the service is not regulated by the NBU or other financial market regulators.




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