Has the NBU applied a risk-oriented approach to preventing currency contorl violations? Has 2019 introduced a new approach to banking supervision in Ukraine, removing a number of bureaucratic barriers and eliminating the need to report on any currency transaction?

This Review is the first independent legal assessment of the qualitative and quantitative performance of the NBU`s supervisory activity during 2019 (including measures applied to banks in Ukraine).

The results raise rather ambiguous questions for participants of banking business in Ukraine. However, we are confident that analyzing quantitative and qualitative indicators, discussing and finding answers to the questions raised during NBU’s supervisory activity in 2019 will only enhance transparency and predictability of Ukraine’s banking business.


Click here to download the Review