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E.Y., A. (2018). The Problems of Crowdsourcing Legal Regulation in Russian Federation. KnE Social Sciences, 3(2), 533-541. https://doi.org/10.18502/kss.v3i2.1587

https://doi.org/10.18502/kss.v3i2.1587

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authors

  • Afanaseva E.Y.

    Afanaseva E.Y.

    National Research Nuclear University MEPhI (Moscow Engineering Physics Institute), Kashirskoe shosse 31, Moscow, 115409

Published Date

  • Feb 15, 2018

The Problems of Crowdsourcing Legal Regulation in Russian Federation

KnE Social Sciences / III Network AML/CFT Institute International Scientific and Research Conference "FinTech and RegTech" / Pages 533-541

Abstract

In this article the problems of legal regulation of fintech in Russia are considered, special attention is paid to the crowdsourcing, its classification, examples of business models, and the importance of developing alternative financial instruments due to the growing role of information technology in the terms of environment. The actual legal system of Russian Federation is analyzed due to the questions of fintech and traditional financial instruments. The article examines contradictions of laws and legal hurdles. The author suggests generalized measures to eliminate the deficiencies of legislation aimed at the development of fintech in Russia.

 

Keywords: crowdsourcing, crowdfunding, crowdlending, crowdinvesting, legal regulation, problems of legislation

References
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