Speaking at a meeting of the Working Group established upon the initiative of the Security Service of Ukraine, NBU Acting Governor Yakiv Smolii said that an inter-agency Working Group established to ensure state protection of financial sector critical infrastructure had become operational.
The Working Group comprises representatives from the National Securities and Stock Market Commission, the National Commission for the State Regulation of Financial Services Markets and the State Security Service of Ukraine.
The inter-agency Working Group will compile the list of items and areas of financial sector critical infrastructure and identify potential threats to their operation, and outline measures to be taken to ensure their stable operation. These figures will be incorporated in the Draft Law On Critical Infrastructure and Its Protection”.
Similar inter-agency Working Groups have been set up at the Ministry of Infrastructure of Ukraine and the Ministry of Social Policy to build a single State system for protecting critical infrastructure items and areas.
The Cabinet of Ministers of Ukraine, in cooperation with the National Institute for Strategic Studies, is designing a Framework for the creation of the state system for protecting critical infrastructure, as well as an Action Plan for its implementation, as mandated by Decree of the President of Ukraine No. 8 On Enactment of the Decision of the National Security and Defense Council of Ukraine of 2 September 2015 On the Enhancement Critical Infrastructure Protection. Going forward, following the approval of this farmework, a Draft Law On Critical Infrastructure and Its Protection will be designed.
In accordance with Draft Ordinance of the Cabinet of Ministers of Ukraine On Approval of the Framework for the Creation of the State System for Protecting Critical Infrastructure, infrastructure items and areas will be categorized so as to set critical infrastructure protection requirements. These are critically important and vital infrastructure items and ares. The inter-agency Working Group members will be responsible for compiling the list of financial sector critical infrastructure items and areas.