Дмитро Берднік “Role of Regulation at Fintech Software Development”

3. ●
●
●

4. Banks

5. Banks
Credit Unions

6. Banks Credit Unions P2P Credit Organization
Trust Funds
Investment Funds
Payment System Charity FundsInsurance Company
Brokerage
Money Transferring SystemTrading Platform

7. International laws
Local laws
Related regulation
Specific regulatory
Technical standards

8. International laws
Local laws
Related regulation
Specific regulatory
Technical standards
General international rules of doing business
Ukrainians are not allowed to have accounts in banks
abroad.
Directive 95/46/EC (Data Protection Directive)
FCA Regulation
MT 940

9. Recommendations
Laws
Standards

10. MarketVolume
Virtualization
Low
influence
High
influence

11. MarketVolume
Virtualization
FOREX
T-shirt
shop
Jewellery
shop
Email
marketing

13. ●
●
●

14. Market Player Market Player
Customer

15. Market Player Market Player
Customer
Regulation of
competition
Regulation of
service

16. Market Player Market Player
Customer
Corporate wars,
Market Volatility
Low market
developing rate

18. Treating Customer Fairly
Fair Play Meet Customer Needs Clear Information
Fair Advice
Product Acts as Was
Agreed
Post Sale

22. ●
●
●

23. Priceofmistake
Production Stage
Found by
BA
Found by
FCA

24. 10 000

25. BA Phase Development Testing Offer Conversion

26. BA Phase Development Testing Offer Conversion