During Q4 2015, the National Bank of Ukraine considered 19 packages of documents submitted to acquire qualifying holdings in 17 Ukrainian banks.

The NBU remains involved in efforts to bring Ukrainian banks’  ownership structures into compliance with transparency requirements. This process has to be completed by end-March 2016. As mandated by applicable laws, the NBU will apply enforcement measures against those banks whose ownership structure will fail to meet transparency requirements.

Efforts are underway to bring banks’ ownership structures into compliance with transparency requirements, which  is one of the requirements set by international creditors. Furthermore, this move represents the first step in the conduct of review and diagnostic studies of banks' related party transactions.