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NBU to continue to bring Ukrainian banking legislation in line with EU laws

NBU to continue to bring Ukrainian banking legislation in line with EU laws
13 of February 2021 г.
The National Bank of Ukraine (NBU) plans to continue bringing the Ukrainian banking legislation in line with the EU legislation and introducing best world practices.

NBU Governor Kyrylo Shevchenko wrote about this on Facebook.

“The NBU welcomes the European Parliament’s resolution on the Implementation of the EU Association Agreement with Ukraine. This resolution was passed by a vast majority of the European Parliament. The resolution highlights the success with which the Association Agreement has been implemented and the European Parliament’s strong support for the efforts to further deepen Ukraine’s integration with the EU,” he wrote.

The resolution says that Ukraine has made significant progress in meeting its commitments under the Association Agreement and in terms of EU integration, including the banking sector.

The National Banks is grateful to Ukraine’s European partners for high evaluation of the NBU’s efforts. Shevchenko stressed that the regulator takes needed steps to defend the legitimacy of the decisions to nationalize PrivatBank and preserve financial stability, and will not allow taxpayer money to be lost.

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