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RESOLUTION OF BOARD OF THE NATIONAL BANK OF UKRAINE

of March 30, 2023 No. 40

About modification of some regulatory legal acts of the National Bank of Ukraine

According to Articles 7, of 15, of 55, 56 Laws of Ukraine "About the National Bank of Ukraine", Articles 44, of 66, 67 Laws of Ukraine "About banks and banking activity", for the purpose of enhancement of requirements to risk management in banks of Ukraine and banking groups and to regulation of activities of banks of Ukraine the board of the National Bank of Ukraine decides:

1. Approve the change in Regulations on the organization of risk management system in banks of Ukraine and banking groups approved by the resolution of Board of the National Bank of Ukraine of June 11, 2018 No. 64 (with changes) (further - changes in No. provision 64) which are applied.

2. "About approval of the Regulations on procedure for determination by banks of Ukraine for the minimum extent of market risk" (with changes) to state Item 2 of the Resolution of Board of the National Bank of Ukraine of December 30, 2021 to No. 162 in the following edition:

"2. To banks of Ukraine:

1) till October 01, 2023 to develop intra bank provisions by determination of the minimum extent of market risk according to requirements of the Provision;

2) as of November 01 and on December 01, 2023 to perfrom calculation of the minimum extent of market risk in the test mode and till November 21 and on December 21, 2023 respectively to inform the National Bank of Ukraine in the form established by it;

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