FINANCIAL TECHNOLOGIES: CONCEPT AND TYPES
PDF

Keywords

financial technologies, regulatory technologies, supervisory technologies, financial law

Abstract

The article is devoted to the study of the impact of the digital economy on financial law. It is determined that in the conditions of digitalization of the economy, new technologies, on the one hand, lead to the expansion of the subject of legal regulation, and on the other hand, they are a tool that promotes regulation, administration, financial control and supervision. The paper discusses various types of financial technologies, primarily regulatory (RegTech) and supervisory (SupTech). Based on the results of the study, the author concludes that the term "regulatory technologies" is generally unsuccessful. In addition, it should be said that, in a narrow sense, financial technologies are a set of tools and methods used exclusively in financial markets, in a broad sense — used in all areas related to financial regulation, control and supervision.

 

PDF

References

Shodiyev AA. TRANSFORMATION OF FINANCIAL STATEMENTS OF SMALL AND MEDIUM BUSINESS ENTITIES BY THE REQUIREMENTS OF IFRS. EPRA International Journal of Economics, Business and Management Studies (EBMS). 2022 Jun 2;9(5):96-8.

Shodiyev AA. ACCOUNTING MODELS. Theoretical & Applied Science. 2020(11):527-30.

Shodiyev AA. Accounting in Uzbekistan (accounts. ISJ Theoretical & Applied Science. 2020;11(91):55.

Islamkulov AK POLITICAL FACTORS AFFECTING GOVERNMENT SPENDING Asian Journal of Research, 39-42

Islamkulov A.K., ECONOMIC DEVELOPMENT, GOVERNMENT SPENDING AND POLITICAL FACTORS - Thematics Journal of Economics, 2022

Islamkulov, A., (2019) Fiscal Policy Aimed at Ensuring the Equivalency of the Budget in the Medium Term in Uzbekistan. Science Review, 2019

GM Raхimova, J Safarov. AUDIT OF SETTLEMENTS WITH SUPPLIERS AND CONTRACTORS: THE MAIN STAGES OF ITS IMPLEMENTATION AND THE SPECIFICS OF PERFORMING AUDIT PROCEDURES GM Raхimova, J Safarov International Scientific Journal Theoretical & Applied Science 4 (96), 443-445

GM Raximova The main tool of calculation and audit Bilan sadlik of lohmuller, warning pop meets standard pillari Economics and education

G RAHIMOVA Accounting of the results of continuous revaluation of property, plant and equipment in accordance with international standards Society and innovations, (Общество и инновации) (Жамият ва ва инновациялар)