On December 25, 2014, the National Bank of Ukraine Board approved Resolution No. 862 On the Order of Regulation of Bank Activities in Ukraine" (hereinafter - Resolution No.862) that lifts two ratios and amends the instant liquidity ratio calculation - includes unencumbered deposit certificates of the NBU into the high quality liquid assets.

These amendments have been developed in the context of further NBU implementation of the Basel Committee on Banking Supervision principles and standards and bringing the regulatory approaches in line with the new European law in the framework of the EU-Ukraine association agreement implementation.

The Resolution No. 862 enters into force on the day following its official publication.