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National Bank of Ukraine Enhances Security of Ukrainian Banks’ Premises

21 August 2018

 

The National Bank of Ukraine (NBU) has enhanced requirements to security of the premises of the Ukrainian banks that operate with cash and other valuables. Respective provisions are set out in NBU Board Resolution No 93 On Approval of Amendments to the Premises Security Rules of Bank of Ukraine dated 14 August 2018.

 

The purpose of this Resolution is to improve requirements to the premises security of the banks in Ukraine and clarify provisions on the banks’ renting safety-deposit boxes.

 

Furthermore, this Resolution was drafted to harmonize current provisions on the premises security of the banks in Ukraine and for the purpose of enhancing security of bank employees operating with cash.

 

Implementation of the Resolution’s provisions will:

      improve the current requirements to the premises security of the banks in Ukraine

      advance control of individual premises to mitigate possible negative affect of a human error

      tighten requirements to security of bank employees operating with cash.

 

The Resolution comes into effect on 22 August 2018.


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Last modification   21.08.2018