Severity: Medium Amendment Ukraine Action required

Clarification of the name of NBU Board Resolution № 11 dated 15 February 2018

Original title: National Bank of Ukraine — legal and regulatory base

Published
Source: bank.gov.ua
Effective
Not stated
Deadline
Not stated
Framework: NBU Regulation 95
NBU Resolution No. 95 of 28 September 2017 (basic text) source

Why it matters

The National Bank of Ukraine website has clarified the name of the Board Resolution of the National Bank of Ukraine dated 15 February 2018 № 11. Instead of the previous title about approval of changes to the Regulation on the procedure for determining the size of regulatory capital by banks, it has been clarified that this is a resolution on amendments to an earlier resolution. This is a technical clarification that facilitates proper identification of the regulatory act and its substantive purpose.

What changed

  • The name of the resolution has been clarified in the legislative database: it is now specified that this is a resolution on amendments to the resolution dated 15 February 2018 № 11, instead of the previous wording about approval of changes to the Regulation on the procedure for determining the size of regulatory capital

Who is affected

Banks of Ukraine, users of the NBU legislative database, competent authorities that refer to the resolution for determining regulatory capital requirements

What to do

AI-assisted summary of the official document; the official text prevails. Not legal advice.