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
