On February 9, 2015, the Board of the National Bank of Ukraine passed Resolution No 85 On Amendments to the Regulation on the rules governing activities of banking groups (hereinafter – resolution No. 85), whereby the regulatory capital to total assets ratio (Н3r) and the regulatory capital to liabilities ratio (Н3-1r) would be scrapped.
The move is intended to align approaches applied to the regulation of banking groups' activities with new requirements of EU legislation and the principles and standards established by the Basel Committee on Banking Supervision.
Resolution No. 85 enters into force on the day following its official publication.