The national Bank of Ukraine (NBU) has changed the regulation on the application of measures approved by resolution of the Board dated 17 August 2012 to N346.

As the regulator reported on the official website, changed the mechanism of calculation of individual fines:
for non-submission / late submission, submission of false statistical reporting;
for violation of Bank procedure for the formation and storage of obligatory reserves;
for the submission of false or failure to submit / untimely submission of information about ownership structure.

The document expands the list of criteria the Bank to the category of problem on the basis of:
non-compliance with the Bank’s procedure for the formation and storage of obligatory reserves for more than three periods of detention required reserves in a row (except volume, which must daily be stored at the beginning of the operating day on the correspondent account with the National Bank);
fact of execution of Bank agreements (contracts) with the associated persons of the banks on terms that are not current market conditions that led to the failure of the Bank at least one of the economic regulations, or damage / loss of activity.

With the purpose of increase of efficiency of a special regime of control over the activities of the Bank, enhanced certain provisions governing the Bank of a curator appointed by the NBU.

The decree comes into force from the day following the day of its official publication.




NBU changed the procedure for application of sanctions on banks 22.08.2016

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