RESOLUTION OF BOARD OF THE NATIONAL BANK OF UKRAINE

of February 15, 2018 No. 13

About introduction of coverage ratio of liquidity (LCR)

According to Articles 7, of 15, of 55, 56 and 58 Laws of Ukraine "About the National Bank of Ukraine", to articles 66 and 67 of the Law of Ukraine "About banks and banking activity", for the purpose of maintenance of the level of liquidity by banks necessary for ensuring stable activities and timely accomplishment of obligations to investors and other creditors, the Board of the National Bank of Ukraine DECIDES:

1. Bring in the Instruction about procedure for regulation of activities of banks in Ukraine approved by the resolution of Board of the National Bank of Ukraine of August 28, 2001 No. 368, registered in the Ministry of Justice of Ukraine on September 26, 2001 for No. 841/6032 (with changes), such changes:

The Section I after the paragraph of the eleventh to add 1) with the new paragraph the twelfth the following content:

"coverage ratio of liquidity (LCR);".

With respect thereto the twelfth - the twenty sixth to consider paragraphs respectively paragraphs the thirteenth - the twenty seventh;

2) in the Section V:

in Item 1.2 of Chapter 1 of the word and figures "and short-term liquidity (6)" shall be replaced with words N also in figures ", short-term liquidity (N 6) and coverage ratio of liquidity (LCR)";

add the Section with the new head of the following content:

"5. Coverage ratio of liquidity (LCR)

1. Coverage ratio of liquidity (LCR) - the standard rate of liquidity which establishes minimum necessary level of liquidity for covering of the net expected cash outflow within 30 calendar days taking into account stress scenario (further - the net expected cash outflow).

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