With a view to streamlining the regulatory framework, and organizational, methodological and operational conditions for the Certification Authority of the National Bank of Ukraine (hereinafter – the Certification Authority), on July 7, 2015, the Board of the National Bank of Ukraine adopted Resolution No 440 On Approval of the Rules governing the transfer of documented information from the centres for certification of the keys to the Certification Authority of the National Bank of Ukraine, and Resolution No. 441 On Amendments to the Rules of Procedure of the Certification Authority,  and  Resolution No 442 declaring null and void some NBU regulations.

The Resolutions are intended to:

• avoid multiple regulations governing the activities of the Certification Authority;
• determine the terms and conditions of agreements with the centres for certification of the keys (hereinafter – the Centre) established by the Ukrainian banks, and the Centres set up by separate legal entities;
• streamline the procedures for registration, accreditation, and cancellation of registration and termination of operation  of the Centres;
• determine the mechanism for the transfer of documented information from the Centre to the Certification Authority in case of termination of its operation in order to enable verification of electronic digital signature applied to the electronic document by the signatory whose opened key was certified at the Centre that has ceased its operation.