financial services
legal guaranteeing
efficient functioning
financial sector
regulatory impact

How to Cite

Getmanets, O. ., Bortnyk, S. ., Melnyk, S. ., & Klochko, A. . (2022). LEGAL GUARANTEEING FOR PROVIDING FINANCIAL SERVICES IN UKRAINE: PROBLEMS AND POSSIBLE WAYS TO OVERCOME THEM IN MODERN REALITIES. Lex Humana (ISSN 2175-0947), 14(1), 324–336. Retrieved from


Financial stability and guarantee continue to remain of great interest to every society, in the absence of such stability, the financial system of a country will continue to be threatened. The purpose of the article is to analyze the legal guarantees of the processes for providing financial services in Ukraine, to identify problematic aspects in this area and to form possible ways to overcome them. The quality of legal guarantees of the financial services market depends on a number of factors, in particular, the political regime of the state, the existence of real rule of law, the level of development of financial and legal institutions, etc. It has been argued that the financial sector of the state’s economy is unable to function effectively without proper legal regulation, whose quality can only be achieved in terms of a stable and smooth political regime. Given the situation in different countries of the world, as well as considering historical experience, it has been found out that effective legal regulation of financial services is mostly available in democratic countries, where the rule of law is actually realized. It has been concluded that an effective legal guaranteeing for the provision of financial services can improve the domestic financial market, and the development of the national financial system and the national economy will facilitate to improve the quality of legal guaranteeing in this area. The practical experience of developed democratic countries will be able to provide significant assistance in achieving this.



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