NBU expands list of grounds not to issue currency licenses
The National Bank of Ukraine (NBU) has expanded a list of grounds not to issue general licenses for currency transactions to banks, the regulator has reported on its website.
The amendments to NBU acts are outlined in NBU resolution No. 380, which takes effect the day after its publication.
According to the document, the regulator can decide not to issue the general license for currency transactions if enforcement actions applied to the bank or fines during the period when the application to issue the license is heard.
The NBU can reject the bank's application to issue the license if the bank's ownership structure is declared non-transparent or the bank is declared troubled.
The central bank from September 12 permitted banks to re-register currency licenses without mentioning information about their location and revoked a requirement to receive a new general license if the location of the bank changed.
Advertising
Advertising
MORE ABOUT
NBU completing development of bill on war risk insurance system in Ukraine
16:21, 30.04.2024
Court to hear dispute between Paseniuk and NBU regarding Avangard bank in closed-door session
19:28, 09.04.2024
Amount of losses from financial fraud in 2023 grows by 73% – NBU
17:56, 02.04.2024
Hryvnia exchange rate to all currencies to be set daily, dollar reference rate to be supplemented by euro rate – NBU
14:59, 27.03.2024
Ukraine’s gross external debt increases to 90.7% of GDP in Q4 2023 – NBU
09:55, 26.03.2024
LATEST
Number of transfers via NovaPay up by 18%, transactions by 24% in Q1 2024
19:32, 01.05.2024
McDonald's plans to expand partnership projects with filling stations
13:54, 01.05.2024
McDonald's preparing to renovate restaurant near train station in Kyiv, looking for site next to Lviv train station
12:57, 01.05.2024
Share of home purchase transactions on installment terms reaches 95% – DIM Group
10:43, 01.05.2024
Pharmaceutical firm Darnitsa could attract loans of up to UAH 5 bln within one year