TRANSFORMATION OF BANKING REGULATION MECHANISMS IN UKRAINE UNDER THE INFLUENCE OF DIGITIZATION AND GROWTH OF CYBERRISKS IN THE FINANCIAL SECTOR
DOI:
https://doi.org/10.34132/mspc2026.03.13.34Keywords:
digital transformation, government regulation, banking regulation, financial sector, public administration, National Bank of Ukraine, banking system, cyber resilience, cyber protection, information security, digital financial services, banking supervision.Abstract
The theses substantiate the essence of digital transformation in the field of banking regulation as a multidimensional process of institutional, technological, managerial and regulatory changes aimed at increasing the efficiency, transparency, adaptability and cyber resilience of the banking system. It is emphasized that the digitalization of the financial sector includes not only the implementation of remote banking, digital identification, open banking, API solutions and FinTech tools, but also the modernization of approaches to state supervision, risk management and protection of critical financial infrastructure. The growing role of the state and the National Bank of Ukraine in the formation of a secure digital financial environment, establishing requirements for information security, cyber protection, transparency and data protection is determined. It is emphasized that in the context of increasing cyber threats, the digital transformation of banking regulation should be considered an important prerequisite for financial stability, trust in the banking system and sustainable development of the digital economy of Ukraine.
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