Due to martial law, the National Bank of Ukraine has extended the deadlines for submission by NBFIs of information about follow-up measures taken based on the recommendations received after inspections conducted in 2022.
The NBU has also postponed the submission of action plans on the implementation of the regulator’s recommendations based on the results of inspections or reasoned explanations of their disagreement with the recommendations.
Nonbank financial services market participants are required to provide said information within 30 business days after martial law is lifted in Ukraine.
This is specified in NBU Board Resolution No. 66 On Amendments to NBU Board Resolution No. 39 dated 6 March 2022 dated 30 March 2022 (UKR).
The Resolution is effective 31 March 2022.