This was reported by the people's deputy, head of the Verkhovna Rada Committee on Financial, Tax, and Customs Policy, Daniil Getmantsev, via Telegram.
According to him, the initiative aims to:
- strengthen the protection of borrower rights;
- enhance information exchange in the credit market and improve its quality;
- encourage responsible lending;
- ensure that credit history is used solely for assessing creditworthiness, managing credit risk, and conducting client identification and verification.
“The draft law proposes to establish the legal, financial, and organizational foundations for maintaining credit histories: collecting, processing, storing, protecting, and using information about individuals' financial obligations, the functioning of institutions related to the collection, processing, storage, protection, and use of this information, and the legal basis for state oversight of such activities,” the deputy wrote.