Legal Mechanisms for the Protection of Financial Service Consumer’s Rights in the Republic of Kazakhstan: A Comparative Analysis

This article explores the legal mechanisms for protecting the rights of financial service consumers in the Republic of Kazakhstan. The study employs a combination of scientific methods to achieve its objectives. Comparative legal analysis is used to evaluate the Kazakh legislative framework against international best practices, such as World Bank guidelines. The normative-dogmatic method is applied to interpret existing laws, while a systemic approach assesses the coherence of financial and consumer protection regulations. Additionally, a deductive method identifies general principles of consumer protection, and an inductive approach derives conclusions specific to Kazakhstan’s context. These methods reveal gaps in the current legislation and provide recommendations for its improvement.

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Publication Details

Journal
Financial Law Review
Published
2025-03-28
DOI
https://doi.org/10.4467/22996834flr.24.021.21534
Primary Topic
European and International Contract Law
Type
article
Field-Weighted Citation Impact
0.00

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article

Legal Mechanisms for the Protection of Financial Service Consumer’s Rights in the Republic of Kazakhstan: A Comparative Analysis

Saida Akimbekova, E. Juchnevicius, Svetlana Moroz
Financial Law Review
European and International Contract Law
article

Legal Mechanisms for the Protection of Financial Service Consumer’s Rights in the Republic of Kazakhstan: A Comparative Analysis

Saida Akimbekova, E. Juchnevicius, Svetlana Moroz
article en

Abstract

This article explores the legal mechanisms for protecting the rights of financial service consumers in the Republic of Kazakhstan. The study employs a combination of scientific methods to achieve its objectives. Comparative legal analysis is used to evaluate the Kazakh legislative framework against international best practices, such as World Bank guidelines. The normative-dogmatic method is applied to interpret existing laws, while a systemic approach assesses the coherence of financial and consumer protection regulations. Additionally, a deductive method identifies general principles of consumer protection, and an inductive approach derives conclusions specific to Kazakhstan’s context. These methods reveal gaps in the current legislation and provide recommendations for its improvement.

Financial Law ReviewVol. 36(4)
University of Gdańsk (PL), Caspian University (KZ)
European Bank for Reconstruction and Development, Islamic Development Bank
Openalex Percentile: Top 84%
European and International Contract Law
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