THE IMPORTANCE OF FINANCIAL EDUCATION FOR THE BANK CLIENTS’ PROTECTION IN KOSOVO

Main Article Content

Fitim Gashi
Bedri Peci

Abstract

Technological developments are not easily understood even by people who have advanced education and this leaves much to be expected for other groups. Financial services and banking products are also ‘complicated’ for professionals, not to mention the ordinary client. As a result of the features of financial products and services, especially banking, information is required as an initial form of knowledge of these services and products, and this information is intensified through a constant process such as education. Hence, this article argues how financial education is performed in Southeast Europe and even in the EU. This article also elaborates on the financial education in Kosovo concerning the protection of banking clients’ rights, taking into account the financial education practices from which the Kosovo system can benefit.  

Downloads

Download data is not yet available.

Article Details

How to Cite
Gashi, F. ., & Peci, B. . (2021). THE IMPORTANCE OF FINANCIAL EDUCATION FOR THE BANK CLIENTS’ PROTECTION IN KOSOVO. Journal of Liberty and International Affairs, 7(2), 164-181. https://doi.org/10.47305/JLIA21720164p
Section
Articles
Author Biographies

Fitim Gashi, University of Pristina, Kosovo

Fitim Gashi is a PhD candidate at Faculty of Law, Financial Law Department at the University of Prishtina, Kosovo. He has completed his undergraduate and postgraduate (master degree) studies at the University of Prishtina Faculty of Law with excellent success, while he was awarded by the University of Prishtina with the highest award "Distinguished Student". His professional journey at the banking sector started in 2008 in the operation department and then got promoted in several positions related to bank law and regulations. Currently,Mr. Gashi is serving as Legal&Compliance Manager. Fitim has attended different trainings in banking sector and in the field of law. He has published in international journals and in journal of Kosovo Banking Association. Since October 203, Mr. Gashi is engaged as lecturer in a private Colleague in Kosovo in the field of Bank Law and Civil Law.

Bedri Peci, Faculty of Law, Financial Department, University of Pristina, Kosovo

Prof. Bedri Peci is a Regular Professor at the Faculty of Law at the University of Prishtina, where he teaches subjects in the fields of financial law, tax law, budget law, and international tax law at the bachelor's, master's, and doctoral levels. He has completed his undergraduate and postgraduate (Magistrature) studies at the University of Prishtina Faculty of Law with excellent success, while he has completed his doctoral studies at the University of Karl Franzens, Faculty of Management and Social Sciences - Institute of Public Economics, Graz, Austria, and the University of Prishtina, Faculty of Law, in the field of budget law (modular system). For the successes achieved during the basic studies in 1994, he was awarded by the University of Prishtina with the highest award "Distinguished Student". His professional journey at the Faculty of Law Peci started as an assistant in the legal-financial field in 1997, and in 2018 he was elected a Regular Professor in a group of subjects in the field of financial law. Since October 2019, Prof. Peci is a member of the Elsevier Advisory Panel. Elsevier is a global information analytics business specializing in science and health. In June 2019 at the annual congress of the European Association of Tax Law Professors (EATLP) in Madrid, Spain, the General Assembly approved Prof. Peci regular active members of it. The EATLP was established in 1999 at the Stockholm School of Economics with the aim of promoting teaching and academic research on international, domestic, and comparative tax law at universities in Europe. Since January 2010, a permanent associate at the International Bureau of Fiscal Documentation (IBFD) Amsterdam. Founded in 1938, the IBFD is the world's leading authority on international tax law studies and analysis. Elected by the Assembly of the Republic of Kosovo and decreed by the President of the Republic of Kosovo from 2014 until 2018, he has successfully served as Chairman of the Board of the Central Bank of Kosovo. From 2013 to 2018 he was the Chairman of the Audit Committee of the Central Bank of Kosovo. From March 2019 Prof. Peci is an associate of BIRN, responsible for public finance, tax law, and fiscal policy analysis. Prof. Peci on October 17, 2014, received the International Crans Montana Forum Gold Medal in Geneva, Switzerland from the Crans Montana Forum at the 16th Session of the International Summit on "International Crime and Domestic and Global Security" organized by this Forum. This prestigious award was given in honor of his personal achievements and competence. In addition, this award is shared by the Crans Montana Forum's Board on World Public Affairs through a special decision recognizing successful achievements in favor of a more humane world.” He is fluent in English and Serbo-Croatian. Prof. Peci has published dozens of scientific papers, books, and book chapters on various topics from Financial Law, Bank Law, Tax Law, Budget Law, and International Tax Law.

Share |