COMPENSATION MECHANISMS FOR PROTECTING THE RIGHTS OF HOLDERS OF NON-DOCUMENTARY SECURITIES: LEGAL PROBLEMS AND WAYS OF IMPROVEMENT

Bartashevich Yurii Aleksandrovich

The relevance of the study is due to the increasing role of non-documentary securities in the digitalization of economic relations and the insufficient effectiveness of existing mechanisms for protecting the rights of their holders. The purpose of the work is to analyze compensatory methods of protecting the rights of holders of non-documentary securities and develop proposals for improving legal regulation. The subject of the research is the legal relations arising from violations of the rights of holders of uncertificated (dematerialized) securities. The object of the study is the compensatory mechanisms for protecting those rights. The scientific novelty lies in a comprehensive analysis of the problems of applying the compensation method of protection and formulating proposals for the introduction of mandatory liability insurance for securities market participants.

Keywords:non-documentary securities, compensation for damages, protection of rights, liability insurance, shareholder register, corporate control.