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National Bank of Ukraine Amends the Regulation on the Rules Governing the Activities of Banking Groups

19 December 2017

 

 

The National Bank of Ukraine (NBU) has introduced amendments to the Regulation On the Rules Governing the Activities of Banking Groups that was approved by Resolution No. 254 dated 20 June 2012.

 

In particular, these amendments clarify components for calculation of regulatory and authorized capital of the banking group and names of specific asset items included in the estimate of economic ratios.

 

These amendments are designed for applying uniform approaches during oversight at the individual and consolidated level, as well as for harmonizing this provision with other NBU legal and regulatory acts such as the new Chart of Accounts approved by NBU Board Resolution No. 89 dated 11 September 2017.

 

The above amendments approved by NBU Board Resolution No. 131 dated 15 December 2017 On Amendments to the Regulation on the Rules Governing the Activities of Banking Groups will come into effect on 25 December 2017.

 


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Last modification   19.12.2017