Banking & Financial Services
The main purpose of the committee is to actively participate in the Ukrainian banking system development and promotion of high-quality banking standards and values as well as support and development of initiatives of the Ukrainian government and local banking association towards establishment of local banking environment harmonized with the best international banking practices.
Committee Priorities
Priority 1
Support the development of the better financial climate and macroeconomic stability
Priority 2
Further Liberalization of the Foreign Exchange and Currency Control Rules in Ukraine towards free movement of capital
Priority 3
Facilitation in the development of local capital market with a focus on Creditors/Investors Rights protection, Nominee Concept, Corporate Bonds and Escrow accounts
Responsible Board Member(s)
Alex McWhorter
Co-Chairs
Roman Diakonchuk
Artem Gerganov
Ihor Olekhov
Policy Officer(s)
Success Stories
Policy Win: Cabinet of Ministers Approved New Methodology for Determining Ultimate Beneficial Owner by Legal Entity
Policy Win: NBU Lifts Restriction to Transfer Funds Abroad to Repay Certain Categories of External Loans
Policy Progress: The National Bank of Ukraine Expanded Insurers’ Possibilities to Pay Reinsurance Premiums Abroad
Policy Progress: The National Bank of Ukraine Simplified Some Currency Restrictions on the Use of Corporate Cards
Policy Progress: National Bank Amended the Procedure for Assessing the Amount of Credit Risk by Ukrainian Banks
Policy Win: The National Bank of Ukraine Abolished Currency Restrictions on Forward Forex Sales by Corporate Clients
Policy Win: Parliament Adopted Draft Law #2284 Amending Certain Laws To Attract Investment and Introduce New Financial Instruments
Policy Win: The National Bank of Ukraine Cancelled the Limit on Repatriation of Proceeds from Selling Securities & Equity Rights by Foreign Investors
Policy Win: The National Bank of Ukraine Canceled the Limit for Funding Representative Offices of Ukrainian Companies Abroad
News
Joint Statement of the Business Community The Political Pressure in Forcing the NBU Governor's Resignation Undermines Investors' Trust in Ukraine
Official Service Providers
