Currently, the draft law is at the stage of public discussion.
Comparison of the old and new versions (section on the provision of services and final provisions)
| Provision of informational services | Services are provided by the operator through electronic channels, including exchange rates and tariffs. | The operator must provide information about the financial services of suppliers, including exchange rates, tariffs, bank interest rates, and other introductory information. | The list of information has been expanded to now include bank interest rates. |
| Connection of suppliers | Not detailed. | Suppliers are required to provide a draft public offer agreement, preliminary agreements, and a description of the architecture. | Mandatory preliminary agreements and detailed descriptions have been introduced. |
| Placement of information about suppliers | Absent. | The operator is required to publish on the website the name, registration details, address, contacts, tariffs, and conditions. | A complete list of mandatory information about suppliers has been introduced. |
| API requirements | API standards are published on the platform. | API standards must be standardized, published, and ensure security and compatibility. | Requirements for the security and compatibility of APIs have been tightened. |
| Liability for inactivity | Not specified. | Exclusion from the registry is provided for inactivity of more than 12 months or fewer than 5 suppliers. | Criteria for exclusion due to inactivity have been introduced. |
| Termination of activities | Not specified. | The operator is required to notify the National Bank and users 30 days in advance and ensure the return of funds. | A notification and refund procedure has been introduced. |
| Interaction with users | Absent. | The operator must guarantee the confidentiality, accuracy, and relevance of information. | Requirements for the protection of user data have been tightened. |
The updated rules make the process of providing informational services more transparent and secure: mandatory placement of detailed information about suppliers, standardization of APIs, as well as clear procedures for connection and termination of activities.
