The Contact Group is established to share information and opinions between the National Bank of Ukraine (NBU) and market players on the current status and developments of Money and FX Market, as well as interest rate and FX derivatives.
As it pursues its mandate, the NBU takes into account the results of discussion at Contact Group meetings. If necessary, the NBU sends these results to authorities and other entities for their record.
The Contact Group is headed by a member of the NBU Board who oversees the Market Operations function. The director of the Open Market Operations Department (OMOD) acts as deputy head of the Contact Group. The head of the Office for Effective Regulation of the Money Market, a unit within the OMOD, acts as secretary of the Contact Group.
The Contact Group includes 25 financial market experts who are recommended by the banks rated as the most active in the money and FX markets. These experts are rotated on an annual basis.
The Contact Group should convenes every quarter (but not rare than twice per year).
The head of the Contact Group identifies the agenda based on proposals that group members file with the secretary.
Please send all questions on the Contact Group to email@example.com.
|Regulation on the Сontact Group|
|Composition of the Contact Group|