Ukrainian Parliament Attempts to Enhance Regulation of Consumer Lending
On 16 October a law introducing amendments to a number of Ukrainian laws governing relations between creditors and consumers of financial services became effective. The law is expected to affect the position of both parties to consumer lending — banks and their borrowers.
One of the main developments of the law relates to the renewal of a ban on extending consumer loans in foreign currency on the territory of Ukraine…
The abstract/extract view of this article is free. Access to the full text of this article requires a subscription.
Please send subscription inquiries by:
Fax: +380 44 495-2777