Purpose: Providing advisory support to the NBU in developing a regulatory framework for managing and resolving distressed banking assets and creating a favorable environment for attracting investment in Ukrainian businesses that have problems with solvency.
Components:
- reforming the regulatory framework
- building institutional capacity and raising awareness among industry players.
Products implemented for the NBU and key events:
- preparation of the draft law on companies for the settlement of distressed assets (ARC) has begun
- a series of workshops were held on various aspects of ARC activities: international practice, relevant legislation, foreign investment in Ukrainian NPLs, accounting standards.