Unofficial transfer (c) Soyuzpravoinform LLC

RESOLUTION OF BOARD OF THE NATIONAL BANK OF UKRAINE

of December 27, 2025 No. 164

About modification of some regulatory legal acts of the National Bank of Ukraine concerning authorization of suppliers of financial services

According to Articles 7, of 15, 55-1, 56, of 61 Law of Ukraine "About the National Bank of Ukraine", Articles 14, of 17, of 21, of 34, of 39, of 40, 42 Laws of Ukraine "About financial services and finance companies", Articles 17, of 27, 46 Laws of Ukraine "About insurance", article 24 of the Law of Ukraine "About credit unions", Articles 17, of 18, of 51 Law of Ukraine "About payment services", Articles 3, of Item 9 of the Section XI of the Law of Ukraine "About rating", for the purpose of enhancement of regulation of activities in the market of the financial services Board of the National Bank of Ukraine decide:

1. Appendix 7 to the resolution of Board of the National Bank of Ukraine of December 29, 2023 No. 199 "About approval of the Regulations on authorization of suppliers of financial services and conditions of implementation of activities for provision of financial services by them" (with changes) (further - 199) to add the resolution No. with three new Items of the following content:

"4. The signs of not irreproachable goodwill determined in subitems 6, of the 8th Item 359 of Chapter 26 of the Section IV of Provisions are not applied to the legal entity if assessment of goodwill of such legal entity, his heads was performed within the procedure determined by the Regulations on licensing of banks approved by the resolution of Board of the National Bank of Ukraine of December 22, 2018 No. 149 (with changes) (further - No. Provisions 149), and the decision on non-use to such person and his heads of sign (signs), determined (determined) in the subitem 12 of Item 62 of Chapter 6 of the Section II and in Item 70 of Chapter 7 of the Section II of Provisions No. 149 was made.

5. The signs of not irreproachable goodwill determined in subitems 6, of the 8th Item 359 of Chapter 26 of the Section IV of Provisions are not applied to the legal entity if assessment of goodwill of such legal entity, his heads was performed within the procedures determined by the Regulations on registration of the collection companies approved by the resolution of Board of the National Bank of Ukraine of July 09, 2021 No. 75 (with changes), or Regulations on procedure for issue to the legal entities of the license for implementation of transactions with cash and conditions (requirement) of implementation by them of activities for implementation of transactions with cash approved by the resolution of Board of the National Bank of Ukraine of December 24, 2015 No. 926 (in edition of the resolution of Board of the National Bank of Ukraine of January 18, 2024 No. 10) (with changes), and the decision on non-use to such person and his heads of signs was made, which are similar to the signs determined in subitems 6, of the 8th Item 359 of Chapter 26 of the Section IV of Provisions.

6. The sign of not irreproachable goodwill determined in the subitem 8 of Item 350 of Chapter 25 of the Section IV of Provisions is not applied to the physical person indirectly having essential participation in provision of financial services through the legal entity to which the National Bank made the decision determined in the subitem 2 of Item 381 of Chapter 29 of the Section IV of Provisions in case of assessment of goodwill of such legal entity concerning whom the sign of not irreproachable goodwill determined in subitems 6, of the 8th Item 359 of Chapter 26 of the Section IV of Provisions or to which this sign according to paragraph one of item 4 of appendix 7 to this resolution is not applied is revealed.".

2. Approve Changes in:

1) the Regulations on procedure of authorization of activities of suppliers of financial payment services and limited payment services approved by the resolution of Board of the National Bank of Ukraine of October 07, 2022 No. 217 (with changes) (further - No. Provisions 217) which are applied;

2) Regulations on authorization of suppliers of financial services and condition of the implementation by them of activities for provision of financial services approved by the resolution of Board of the National Bank of Ukraine of December 29, 2023 No. 199 (with changes) (further - No. Provisions 199) which are applied.

3. The finance company, pawnshop, the operator of mail service having the right to perform activities for trade in currency values shall submit till April 01, 2026 to the National Bank of Ukraine the notification on increase in the size of the authorized (constituted) capital and other documents determined in Items 761, of 761-1 Chapter 69 of the Section X of the Provision No. 199, by results of 2023-2025 concerning each actual entering of means into their authorized (constituted) capital if as of January 01, 2026 such documents were not filed to the National Bank of Ukraine.

4. The National Bank of Ukraine performs consideration and decision making by results of consideration of the documents submitted for implementation of the procedures determined in No. Provision 199, No. Provision 217, before the date of entry into force of this resolution and concerning which as of the date of entry into force of this resolution the decision according to requirements and according to the procedure is not made, determined in the Provision No. 199, No. Provision 217, without the changes approved by this resolution except the changes made to appendix 7 to the resolution No. 199.

5. To department of methodology of regulation of activities of non-bank financial institutions (Sergey Savchuk) after official publication to inform suppliers of financial services information on adoption of this resolution.

6. The resolution becomes effective since January 1, 2026.

Approved by the Resolution of Board of the National Bank of Ukraine of December 27, 2025 No. 164

Changes in Regulations on procedure of authorization of activities of suppliers of financial payment services and limited payment services

1. Add the Section XII with new Item of the following content:

"141-1. The payment organization, the operator of mail service during all effective period of the license annually till June 01 of the year following reporting gives to National Bank:

1) the audit report (its copy) of the subject of auditor activities which has the right to book statutory audit of the financial reporting of the corresponding supplier of financial payment services by results of statutory audit of the annual financial reporting (consolidated financial statements if according to the legislation of Ukraine it is necessary to constitute consolidated financial statements);

2) the report on provision of confidence of rather annual reporting data (data of the reporting) of such supplier of financial payment services [files with indicators of the statistical reporting of 4IX "Data on Observance of Prudential Standard Rates and Calculation of Standard Rates of the Capital of Non-bank Suppliers of Financial Payment Services", FR0 "This to the Financial Reporting", 2LX "Data on Amounts of Payment Transactions for Risks Assessment in the field of Financial Monitoring", 4FX "Data on Payment Transactions Which Are Performed using Credit Transfer and Direct Debit", 97x "Data on transactions which are performed using electronic means of payment", A0X "Data on Quantity of the Emitted (Widespread) Electronic Means of Payment and the Payment Devices Used when Implementing Transactions with Their Application", F0X "Data on the number of payment devices and Items of provision of financial services, the payment services belonging to non-bank predostavitel, and amounts of the accepted transfers with their help" which representation is determined in appendix 5 to Rules of the organization of the statistical reporting which moves in the National Bank of Ukraine, the resolution of Board of the National Bank of Ukraine of November 13, 2018 No. 120 (with changes)] constituted by subject of auditor activities which has the right to book statutory audit of the financial reporting of such supplier of financial payment services, according to the procedure, established by the legislation of Ukraine and international standards of audit.".

2. And to add appendix 5 to the Provision after Item 12 of the Section with new Item 12-1 of the following content:

"12-1. Provide the description of functional role model in processes of monitoring and rekonsilyation of payment transactions in which it is determined who creates and adjusts rules of monitoring as overall performance of rules of monitoring of payment transactions is analyzed, and also lists, data sets about the payer/receiver which are planned to be used for the purposes of implementation of monitoring of transactions and their rekonsilyation for the purpose of identification of unaccepted, false and inadequate payment transactions, subjects of such transactions and ensuring taking measures for prevention or the termination of such transactions:

______________________________________________________________".

Approved by the Resolution of Board of the National Bank of Ukraine of December 27, 2025 No. 164

Changes in Regulations on authorization of suppliers of financial services and condition of implementation by them of activities for provision of financial services

1. In the Section I:

1) in Item 2 of Chapter 1:

state subitem 11 in the following edition:

"11) the investment grade of credit rating - the public credit rating corresponding to the investment grade on national scale of credit ratings in case of observance of one of the following conditions:

such credit rating is determined by rating agency which received authorization according to the procedure, established by articles 8 and 9 of the Law of Ukraine "About rating" (further - the authorized rating agency);

such credit rating is confirmed with the authorized rating agency according to the procedure, the stipulated in Clause 24 Laws of Ukraine "About rating";

to add Item after the paragraph of the fifty first with the new paragraph the fifty second the following content:

"The terms "credit rating", "national scale of credit ratings", "rating agency" are used in the value determined in the Law of Ukraine "About rating".".

With respect thereto to consider the paragraph of the fifty second the paragraph fifty third;

2) in Chapter 1-1:

to state the subitem 3 of Item 12-2 in the following edition:

"3) head, key person, ranking officer of object of the payment market, candidate for the corresponding position;";

to state the subitem 3 of Item 12-4 in the following edition:

"3) head, key person, ranking officer of object of the market of financial services, candidate for the corresponding position;".

2. In the Section II:

1) in Chapter 3:

in Item 41:

the paragraph one to state in the following edition:

"41. The legal entity who intends performs/performs the activities specified in Item 36 of Chapter 3 of the Section II of this provision on the date of the address for receipt of the license and during all term of consideration of document package for receipt of the license / during all effective period of the license / on the date of the address for scope change of the license shall conform to the following requirements:";

to exclude the paragraph of the thirty sixth;

the paragraph one of Item 41-1 to state in the following edition:

"41-1. Requirements of subitems 4, of the 25th Item 41 of Chapter 3 of the Section II of this provision concerning the plan of activities of person are applied only to:";

the paragraph one of Item 41-2 to state in the following edition:

"41-2. Requirements of subitems 4, of the 25th Item 41 of Chapter 3 of the Section II of this provision concerning the general description of vision of the beginning, the organization and further business development of finance company, pawnshop, and also persons addressing for receipt of the license for activities of finance company, licenses for activities of pawnshop are applied only to:";

Item 49 of Chapter 4 after the paragraph of third to add 2) with the new paragraph the fourth the following content:

"Predostavitel of financial services if there are no legal causes on it, has no right to imitate, copy or to otherwise reproduce trademarks, names (complete, reduced, commercial), and also derivative of names, trademarks, designations or phrases, graphic elements and combinations of the flowers which are their components which legal entities, licenses for activities on provision of financial services / licenses on implementation of economic activity in provision of financial services (except professional activity in the security market) / licenses by sight of activities for provision of financial services, licenses for implementation of currency transactions regarding trade in currency values in cash form owned and/or used within the last 12 months and also the licenses for which implementation of currency transactions were revoked/are cancelled/are withdrawn cancelled) by body of licensing and supervision.";

With respect thereto the fourth to consider the paragraph the paragraph the fifth;

3) in Chapter 17:

in Item 209:

in subitems 1," (except the banks referred by National Bank to category of insolvent)" shall be replaced with words 2 words "on contribution (deposit) in credit union (except banks, credit unions referred by National Bank to category of insolvent)";

add Item with the new subitem of the following content:

"7) to the investor it is not applied by Ukraine, foreign states (except the states which were performing/performing the armed aggression against Ukraine), interstate associations and/or the international organizations of sanctions, rationing arrangements (it is applied during effective period of sanctions and within three years after their cancellation or the termination of term for which they were entered).";

4) in Chapter 18:

add Item 218 with the new paragraph of the following content:

"Own funds of the investor legal entity raised on the terms of subordinated debt for the purpose of accounting of subordinated debt to the regulatory capital of the insurer, credit union, payment organization, organization of electronic money, the regulating capital / in prudential requirements of finance company are determined according to the requirements established in Item 463 of Chapter 40 of the Section V of this provision.";

223, 227 to state Items in the following edition:

"223. For operation of the signed agreement on subordinated debt the total volume of requirements of financial institution which raised funds under such agreement to the faces tied with the investor and/or I will eat around the financial/property liabilities provided by financial institution on the faces tied with the investor cannot exceed five percent:

1) the regulatory capital of financial institution (except cases when investor is the international financial institution, the joint credit union from which the subordinated debt at the expense of fund of stabilization is attracted, World Council of Credit Unions and/or its divisions / projects / funds, the World fund of credit unions) which are calculated according to Regulations on regulation of activities of the finance companies having the right to perform activities for provision of guarantees, the Board of the National Bank of Ukraine approved by the resolution of December 27, 2023 No. 191 (with changes), Regulations on establishment of requirements for ensuring solvency and investing activities of the insurer approved by the resolution of Board of the National Bank of Ukraine of December 29, 2023 No. 201 (with changes), Regulations on procedure for regulation of activities of credit unions in Ukraine, the Board of the National Bank of Ukraine approved by the resolution of February 02, 2024 No. 14 (with changes), Regulations on requirements to the regulatory capital of non-bank payment service providers, the Board of the National Bank of Ukraine approved by the resolution of June 13, 2025 No. 64;

2) the sufficient size of equity which is determined according to Regulations on prudential requirements to the finance companies approved by the resolution of Board of the National Bank of Ukraine of December 27, 2023 No. 192 (with changes) (it is applied to finance company concerning which there is no requirement regarding the size of the regulatory capital).";

"227. The amount of subordinated debt included in the regulatory capital of financial institution or considered in prudential requirements of finance company regarding equity according to requirements of this provision annually decreases by 20 percent of its initial size within five last years of validity about subordinated debt (as of the end of each of the last five years of the duration of the agreement about subordinated debt). The funds raised on the terms of subordinated debt shall be considered in the regulatory capital of financial institution, in prudential requirements of finance company when calculating sufficiency of equity in the last five years of validity about subordinated debt taking into account the amount of depreciation (reduction) of subordinated debt.";

to add the subitem 1 of Item 228 with the new paragraph of the following content:

"the term of attraction of financial resources on the terms of subordinated debt;".

3. In Chapter 20 of the Section III:

In paragraph one of Item 312 of the word "signs of joint tenancy" shall be replaced with words 1) "general ownership";

Item 313 to state 2) in the following edition:

"313. The National Bank in case of identification of signs of joint tenancy by essential participation in the insurer, predostavitel of the financial payment services determined in Item 312 of Chapter 20 of the Section III of this provision which was not approved in the procedure established by the legislation of Ukraine provided that approval of acquisition or increase in essential participation was required according to the legislation of Ukraine, reports about it the insurer, predostavitel of financial payment services and has the right to require provision of information, documents, explanations concerning signs of such joint tenancy.";

3) Item 314 after words "predostavitel of financial payment services)" to add with words and figures ", determined in Item 312 of Chapter 20 of the Section III of this provision about which it was not reported in the procedure established by the legislation of Ukraine provided that the notification on acquisition or increase in essential participation was required according to the legislation of Ukraine,";

Item 314-1 to exclude 4);

Chapter after Item 315 to add 5) with new Item 315-1 of the following content:

"315-1. The National Bank reports about the beginning of administrative production according to the procedure, determined in Items 37, of the 38th Section IV, in Item 80 of the Section V of the Provision No. 200.".

4. In the Section IV:

1) the subitem 1 of Item 344 of Chapter 24 after the word of "head" to add with words "the applicant (including the chief accountant of the applicant)";

2) in Chapter 25:

in Item 350:

subitem 1 after the word "terrorism" to add with the words "making of criminal offenses against the world, safety of mankind, the international law and order, crimes against bases of homeland security of Ukraine";

in subitem 2:

words", rationing arrangements" shall be replaced with words "(including special economic and other rationing measures)";

to add Chapter after Item 352 with new Item 352-1 of the following content:

"352-1. The signs of not indifferent goodwill of physical person connected with carrying out transactions in the capital markets are:

1) will be locked to person (it is applied during all term of prohibition) by making and/or accomplishment of derivative contracts, transactions on securities;

2) the prohibition of modification of system of depositary accounting concerning securities applied to person as to the owner (it is applied during all term of prohibition).";

Item 362 of Chapter 26 to state 3) in the following edition:

"362. The signs of not irreproachable goodwill of the legal entity connected with economic activity are:

1) inclusion of the legal entity as the issuer in the list of the issuers having fictitiousness signs which is kept by the National commission on securities and the stock market (further - the Commission on securities) (it is applied during the term of stay in this list);

2) suspension of placement of securities which issuer is the legal entity in connection with recognition of unfair emission (it is applied during all term of suspension);

Will lock 3) to the legal entity (it is applied during all term of prohibition):

making and/or accomplishment of derivative contracts, transactions on securities;

implementation of public offer of securities or the admission of securities to the biddings in the organized market;

4) the prohibition of modification of system of depositary accounting concerning securities of certain issuer or certain owner applied to the legal entity as to the issuer or the owner (it is applied during all term of prohibition);

5) acceptance by National Bank concerning such legal entity of the decision specified in Item 18 of the Section III of Provisions No. 105, except the decision on the inadequate relation of certain services or transactions which in essence contain signs of one or several types of financial services according to the Financial services act and/or special laws to certain type of the financial services determined by part one of Article 4 of the Financial services act (it is applied within ten years from the date of adoption of the relevant decision).";

Paragraph one of Item 381 of Chapter 29 after words and figures "Chapter 25 or in" to add 4) with words and figures "subitems 6, of the 8th Item 359,".

5. In the Section V:

1) in Chapter 30:

in Item 392:

word in paragraph one of "action of the license" shall be replaced with words "stay in structure of property of the supplier of financial services";

add Item with two new paragraphs of the following content:

"The paragraph one of Item 392 of Chapter 30 of the Section V of this provision is not applied to the company on asset management which acts for the benefit of also at the expense of means of mutual investment fund (further - share fund) and is not owner of essential participation in the same predostavitel of financial services.

The requirement about lack of the financial difficulties connected with activities of share fund which negatively influence capability to carry out at the expense of its means in complete amount / in proper terms the obligations undertaken on share fund and/or can negatively influence activities and/or financial condition of the supplier of financial services, it is applied during all term of stay in structure of property of the supplier of financial services of share fund, in interests and at the expense of which means the company on asset management is effective.";

add Item 394 with the new paragraph of the following content:

"The National Bank performs assessment of financial condition of the company on asset management which acts for the benefit of also at the expense of means of share fund in the cases determined in Item 394 of Chapter 30 of the Section V of this provision taking into account the features determined by this Provision.";

to add Chapter after Item 394 with new Item 394-1 of the following content:

"394-1. Assessment of financial condition of the company on asset management which acts for the benefit of also at the expense of means of share fund according to Chapters 31-37, 39, of the 40th Section V of this provision is performed taking into account the following features:

1) assessment of financial condition is performed only concerning share fund;

2) Chapter 31-37, 39, of the 40th Section V of this provision, concerning the legal entity, are applied to share fund.";

2) in Chapter 31:

the paragraph one of Item 408 to state in the following edition:

"408. The financial condition of the legal person founder / legal person owner of direct essential participation in insurance is satisfactory if:";

the paragraph one of Item 409 to state in the following edition:

"409. The financial condition of the legal entity having indirect essential participation in the applicant/insurer and being the final owner of the insurer is satisfactory if:";

state Item 410 in the following edition:

"410. The financial condition of the legal entity which has indirect essential participation in the applicant/insurer and is the consolidating company or the intermediate company is satisfactory if such legal entity is financially steady according to the submitted document determined in the subitem 4 of Item 452 of Chapter 39 of the Section V of this provision taking into account the requirements determined in Item 461 of Chapter 39, Items 474-477 of Chapter 40 of the Section V of this provision and it has no signs of unsatisfactory financial condition determined in Item 478 of Chapter 40 of the Section V of this provision, as of the last reporting date, preceding the corresponding date.";

the paragraph one of Item 411 to state in the following edition:

"411. The property condition of the physical person founder / physical person owner of direct essential participation in insurance is satisfactory if as of the corresponding date:";

the paragraph one of Item 412 to state in the following edition:

"412. The property condition of the physical person having indirect essential participation in the applicant/insurer is satisfactory if as of the corresponding date:".

3) in Chapter 32:

in Item 416:

the paragraph one to state in the following edition:

"416. The financial condition of the legal person founder / the legal participating person who performed fees in the authorized (compound) capital of the applicant/supplier of financial services (except the insurer, branch of foreign financial institution), is satisfactory if:";

in subitem 2 of the word "the last reporting date preceding the corresponding date" shall be replaced with words "the corresponding date";

in Item 417:

the paragraph one to state in the following edition:

"417. The financial condition of the legal entity having essential participation in the applicant / предоставителе financial services (except the insurer, branch of foreign financial institution) and performed payment for shares/shares in the authorized (constituted) capital of the applicant/supplier of financial services (except the insurer, branch of foreign financial institution) and/or for shares/shares in the authorized (constituted) capital of the legal entity through who essential participation in the applicant / предоставителе financial services was acquired (except the insurer, branch of foreign financial institution) is satisfactory if:";

in subitem 2 of the word "the last reporting date preceding the corresponding date" shall be replaced with words "the corresponding date";

state Item 418 in the following edition:

"418. The financial condition of the legal entity which has essential participation in the applicant / предоставителе financial services (except the insurer, branch of foreign financial institution) and which did not perform payment for shares/shares in the authorized (constituted) capital of the applicant/supplier of financial services (except the insurer, branch of foreign financial institution) and/or for shares/shares in the authorized (constituted) capital of the legal entity through who essential participation in the applicant / предоставителе financial services was acquired (except the insurer, branch of foreign financial institution) is satisfactory if the legal entity is financially steady according to the subitem 4 Items 452, of Item 461 of Chapter 39, of Items 474-477 of Chapter 40 of the Section V of this provision and it has no signs of unsatisfactory financial condition determined in Item 478 of Chapter 40 of the Section V of this provision as of the last reporting date preceding the corresponding date and for the corresponding date (if these dates are different).";

the paragraph one of Item 419 to state in the following edition:

"419. The property condition of the physical person which performed fees in the authorized (compound) capital of the applicant/supplier of financial services (except the insurer, branch of foreign financial institution), is satisfactory if as of the corresponding date:";

in Item 420:

the paragraph one to state in the following edition:

"420. The property condition of the physical person having essential participation in the applicant/supplier of financial services (except the insurer, branch of foreign financial institution) and performed payment for shares/shares in the authorized (constituted) capital of the supplier of financial services (except the insurer, branch of foreign financial institution) and/or for shares/shares in the authorized (constituted) capital of the legal entity through who essential participation in rendering financial services was acquired (except the insurer, branch of foreign financial institution) is satisfactory if as of the corresponding date:";

in subitem 1 of the word "as of the corresponding date" to exclude;

state Item 421 in the following edition:

"421. The property condition of physical person which has essential participation in the applicant/supplier of financial services (except the insurer, branch of foreign financial institution) and which did not perform payment for shares/shares in the authorized (constituted) capital of the supplier of financial services (except the insurer, branch of foreign financial institution) and/or for shares/shares in the authorized (constituted) capital of the legal entity through who essential participation in provision of financial services was acquired (except the insurer, branch of foreign financial institution) is satisfactory if as of the corresponding date the physical person is solvent according to Item 489 of Chapter 42 of the Section V of this provision.";

4) in Chapter 34:

the paragraph one of Item 429 to state in the following edition:

"429. The financial condition of the legal entity having the right to perform additional fee / contribution in the authorized capital of the insurer is satisfactory if:";

state Item 430 in the following edition:

"430. The property condition of the physical person performing fees/deposits to the authorized capital of the insurer is satisfactory if as of the corresponding date the physical person has own money in the amount equal or bigger, than the amount of the fee/contribution to the authorized capital of the insurer, and sources of these means planned by it are confirmed according to the documents determined in subitems 1, 2 Items 479 of Chapter 41, and requirements of Item 487 of Chapter 42 of the Section V of this provision.";

5) in Chapter 35:

the paragraph one of Item 433 to state in the following edition:

"433. The financial condition of the legal entity which acquires or increases essential participation in the insurer, predostavitel of financial payment services and which will perform payment for shares/shares in the authorized capital of the insurer, predostavitel of financial payment services and/or for shares/shares in the authorized capital of the legal entity through who essential participation in the insurer, predostavitel of financial payment services is acquired or increases, is satisfactory if:";

the paragraph one of Item 434 to state in the following edition:

"434. The financial condition of the legal entity which acquires or increases essential participation in the insurer, predostavitel of financial payment services and which as a result of such acquisition or increase will become the final owner of the insurer, predostavitel of financial payment services, is satisfactory if:";

in Item 435:

the words "The National Bank Recognizes Financial Condition" shall be replaced with words "financial condition";

"satisfactory" shall be replaced with words the word "is satisfactory";

the paragraph one of Item 436 to state in the following edition:

"436. The property condition of physical person which acquires or increases essential participation in insurance, the predostavitel of financial payment services, is satisfactory if as of the corresponding date:";

6) in Chapter 36:

in Item 441:

in subitem 1:

in the paragraph the second shall be replaced with words the words "for the end of the month under report preceding date of confirmation of the size of own means" "as of the last reporting date preceding the corresponding date";

third after words of "the authorized (compound) capital of the supplier of financial services" to add the paragraph with the words "as of the last reporting date preceding the corresponding date";

state subitem 4 in the following edition:

"4) the size of money of the legal entity as of the corresponding date is not smaller, than the price of the direct / mediated acquisition of essential participation in provision of financial services;";

paragraphs two, third the subitem 1 of Item 442 after words of "the capital of the supplier of financial services" to add with the words "as of the last reporting date preceding the corresponding date";

443, 444 to state Items in the following edition:

"443. The financial condition of the legal entity through which essential participation in provision of financial services (if it is owner of essential participation in provision of financial services), the legal entity who acquires is acquired or increases or increases essential participation in provision of financial services which does not perform payment for shares/shares in the authorized (constituted) capital of the supplier of financial services and/or for shares/shares in the authorized (constituted) capital of the legal entity through who essential participation in provision of financial services is acquired or increases, is satisfactory if such legal entity is financially steady according to the subitem 4 Items 452, of Item 461 of Chapter 39, of Items 474-477 of Chapter 40 of the Section V of this provision and it has no signs of unsatisfactory financial condition determined in Item 478 of Chapter 40 of the Section V of this provision as of the last reporting date preceding the corresponding date.

444. The property condition of physical person which acquires or increases essential participation in provision of financial services and does not perform payment for shares/shares in the authorized (constituted) capital of the supplier of financial services and/or for shares/shares in the authorized (constituted) capital of the legal entity through who essential participation in provision of financial services is acquired or increases, is satisfactory if the physical person is solvent according to Item 489 of Chapter 42 of the Section V of this provision.";

Item 450 of Chapter 38 to state 7) in the following edition:

"450. The financial condition of the legal entity is satisfactory in case of its compliance to evaluation criteria on all categories of legal entities to which it belongs if the legal entity is at the same time founder, the member of the supplier of financial services and/or person which performed contribution to the authorized (compound) capital of the supplier of financial services, and/or person performing payment of acquisition or increase in essential participation in provision of financial services, and/or person performing payment of acquisition or increase in essential participation which acquired essential participation in provision of financial services and did not perform payment for shares/shares in the authorized (compound) capital of the supplier of financial services, and/or the intermediate company, and/or the consolidating company, and/or the final owner of the supplier of financial services.";

8) the second offer of Item 459 of Chapter 39 to exclude;

Item 471 of Chapter 40 to state 9) in the following edition:

"471. Requirements to disclosure of information on sources of own means are not applied to bank, the public company.";

10) paragraph one of Item 481 of Chapter 41 after the words "require from" to add with words "the applicant and/or";

11) in Chapter 42:

add Item 485 with the new paragraph of the following content:

"Data on pending financial liabilities of physical person join transaction details, data on other party of transactions/transactions, principal amount, the added percent, the amounts of the commissions and other payments concerning such debt / the returned credit/loan, the periods during which repayment of the corresponding debt / return of the loan/amount of the extinguished debt / the returned loan and repayment date of debt/loan repayment was performed.";

in Item 487:

subitem 1 after the words "than such object of property" to add with the words "and also on the amount of principal payment of obligations of this period";

the subitem 2 after words "for such periods," to add with the words "and also on the amount of principal payment of obligations of this period and the amount of the loans provided by such person / financial aid".

6. To add Item 553 of Chapter 51 of the Section VII with the new subitem of the following content:

"40) the documents determined in subitems 1, of 3, 4 Items 369 of Chapter 28 of the Section IV of this provision for assessment of goodwill of the chief accountant of the applicant.".

7. In the Section VIII:

1) in Chapter 54:

to add the subitem 4 of Item 614 with the words "or only relatively share fund at the expense of which essential participation in the insurer, predostavitel of financial payment services is acquired or increases";

to add the subitem 2 of Item 615 with words ", or only relatively share fund at the expense of which means essential participation in finance company, the pawnshop, the operator of mail service having the right to perform activities for trade in currency values is acquired or increased";

2) in Chapter 56:

in paragraph one of Item 619 of the word "investment fund (further - share fund)" to replace with the word of "fund";

state Items 620-623 in the following edition:

"620. The company on asset management which acts for the benefit of share fund for the approval/notification on acquisition or increase in essential participation in predostavitel of financial services (except finance company, pawnshop), and also the finance company, pawnshop for the notification on acquisition or increase by the company on asset management which acts for the benefit of share fund of essential participation in finance company, pawnshop files the documents determined in Items 603, 604 Chapters 53 of the Section VIII of this provision taking into account the following features:

1) documents for identification are filed concerning the company on asset management, her heads and all owners of essential participation in structure of its property;

2) documents for assessment of goodwill are filed concerning the company on asset management, her heads and all owners of essential participation in structure of its property;

3) documents for assessment of financial condition in case of acquisition of essential participation in provision of financial services by the company in asset management which acts for the benefit of also at the expense of means of share fund move only concerning share fund at the expense of which there is acquisition of essential participation in provision of financial services.

621. The company on asset management which acts for the benefit of also at the expense of means of share fund, for the approval/notification on acquisition or increase in essential participation in predostavitel of financial services (except finance company, pawnshop) and also finance company, pawnshop for the notification on acquisition or increase by the company on asset management which acts for the benefit of share fund of essential participation in finance company, pawnshop files the following documents for assessment of financial condition of share fund:

1) the regulations of share fund registered in the procedure established by the legislation of Ukraine;

2) the document certifying registration of release of investment certificates of institute of joint investment;

3) the document containing list of all members of share fund as of the corresponding date [with indication of surname, own name, middle name (in the presence), birth dates, registration of the residence, series (in the presence) and passport numbers, dates of issue and names of body which issued it (if the passport is drawn up in the form of book), registration number of accounting card of the taxpayer of physical person or series and passport number (for physical persons which because of the religious beliefs refuse adoption of registration number of accounting card of the taxpayer and notified on it relevant organ of the State Tax Service and have mark in the passport) / identification code or tax number (in the presence)] and information on the number of investment certificates at each of them for the corresponding date;

4) the investment declaration registered in the procedure established by the legislation of Ukraine;

5) the financial reporting of share fund as of the last reporting date preceding the corresponding date and also as of date of confirmation of the size own / money of share fund (if such confirmation is required and performed as of other date, than the last reporting date);

6) the audit report constituted following the results of the performed reliability and completeness of the provided financial reporting of share fund, its compliance to international accounting standards;

7) the original of information of the auditor containing calculation of the size of own means of share fund as of the date determined by this Provision and the conclusion about availability or absence at it own / money in the necessary size made by the auditor based on data of the financial reporting of share fund if by this Provision confirmation of the size own / money of share fund is required;

8) the analysis of financial stability constituted in the form approved by the administrative act of National Bank and placed on the page of official Internet representative office of National Bank which shall contain the financial analysis of share fund performed by the auditor as of the last reporting date preceding the corresponding date and as of date of confirmation of the size own / money of share fund (if such confirmation is required and performed as of other date, than the last reporting date) if confirmation of financial stability is required by this Provision.

622. The financial reporting of share fund determined in the subitem 5 of Item 621 of Chapter 56 of the Section VIII of this provision shall include all forms of the financial reporting with notes, stipulated by the legislation Ukraine, applied to the legal entity.

623. The financial reporting of share fund determined in the subitem 5 of Item 621 of Chapter 56 of the Section VIII of this provision makes sure sole executive body or the chairman of collegiate executive body and the chief accountant (in the presence of such position) the companies on asset management and moves with the mark/receipt of bodies of statistics on its acceptance (or together with the document confirming its acceptance of statistics by bodies).

The requirement about availability of the mark/receipt of bodies of statistics about adoption of the financial reporting (or submissions of the document confirming its acceptance of statistics by bodies) is applied if the legislation of Ukraine establishes obligation of submission of such reporting to bodies of statistics.";

to add Chapter after Item 623 with new Item 623-1 of the following content:

"623-1. The owner of essential participation in provision of financial services in case of acquisition (the actual acquisition) or increase (the actual increase) in essential participation in provision of financial services by the company in asset management which acts for the benefit of also at the expense of means of share fund is the company on asset management which acts for the benefit of also at the expense of means of share fund.".

8. In the Section IX:

Paragraph two of Item 672 of Chapter 60 to state 1) in the following edition:

"The applicant / предоставитель financial services has the right to designate person to position of the head, key person of predostavitel of financial services concerning whom there is sign of not irreproachable goodwill, determined in Items 352-354, 357, of the 358th Chapter 25 of the Section IV of this provision provided that together with the notification on the head, key person specified in Item 684 of Chapter 61 of the Section IX of this provision the applicant, predostavitel of financial services or person appointed to position of the head of key person submits to National Bank the petition for non-use to such person of sign of not indifferent goodwill.";

Shall be replaced with words 2) in Item 738 of Chapter 65 of the word "on activities in the markets of non-bank financial services" "National Bank".

9. In the Section X:

1) in Item 743 of Chapter 66:

in subitem 4 of the word" (for insurers and credit unions)" shall be replaced with words and in figures "obligation of representation of which is determined by the Regulations on requirements to management system of the insurer approved by the resolution of Board of the National Bank of Ukraine of December 27, 2023 No. 194 (with changes) (for insurers), and Regulations on requirements to management system the credit union approved by the resolution of Board of the National Bank of Ukraine of February 02, 2024 No. 15 (with changes) (for credit unions)";

add Item with the new subitem of the following content:

"5-1) emergence of changes in organizational structure of the insurer, credit union - the copy of the operating organizational structure which is drawn up according to the requirements approved by the administrative act of National Bank and placed on the page of official Internet representative office of National Bank with information on changes in it.";

2) in Chapter 69:

add Item 761 with the new paragraph of the following content:

"Documents according to Item 761 of Chapter 69 of the Section X of this provision are filed in case of the actual introduction of means during previous year to the authorized (constituted) capital of pawnshop, the operator of mail service having the right to perform activities for trade in currency values, finance company, except significant finance company, on each actual introduction of means.";

the paragraph one of Item 761-1 to state in the following edition:

"761-1. The significant finance company shall give to National Bank within 15 working days from the date of the actual entering of means into the authorized (compound) capital:".

10. In the Section XI:

1) in Chapter 71:

in Item to replace 773 figures and the word "72 or 73" with figures "72/73/73-1";

to add Chapter after Item 773 with new Item 773-1 of the following content:

"773-1. The insurer is forbidden to give to the state registrar of legal entities, physical persons entrepreneurs and public forming for implementation of state registration in bodies of state registration of the changes in the charter of society connected with increase in the size of the authorized capital at the expense of additional fees / deposits, profit, the supplementary capital regarding share premium (its part) and/or reduction which according to this Provision are subject to approval, without receipt of approval of National Bank of increase/reduction of the authorized capital of this insurer.";

in Item 777 of figure "73" to replace with figures "73-1";

2) undressed after Chapter 73 to add with new Chapter 73-1 of the following content:

"73-1. Approval of increase in the authorized capital of the insurer at the expense of the supplementary capital regarding share premium (its part)

786-1. The insurer in case of increase in its authorized capital at the expense of the direction in the authorized capital of the supplementary capital regarding share premium (its part) gives to National Bank:

1) the statement for approval of increase in the authorized capital at the expense of the supplementary capital regarding share premium (its part) in the form approved by the administrative act of National Bank and placed on the page of official Internet representative office of National Bank;

2) the decision of the single shareholder or the decision of general meeting of shareholders of the insurer on increase in the size of the authorized capital of society by increase in share par value at the expense of the direction in the authorized capital of the supplementary capital regarding share premium (its part) and about increase in share par value;

3) the table of changes of the authorized capital of the insurer in the form approved by the administrative act of National Bank and placed on the page of official Internet representative office of National Bank;

4) the account statement of the insurer confirming receipt of funds on the account of the insurer;

5) information on sources of origin of the funds allocated for share repurchase by shareholders or the insurer determined in Chapters 39-42 of the Section V of this provision;

6) the copy of the document confirming introduction by the insurer of payment for consideration of document package under approval of increase in the authorized capital.

786-2. The documents determined in Item 786-1 of Chapter 73-1 of the Section XI of this provision move taking into account the general requirements to documents determined in the Provision No. 200.";

The paragraph of the eighth of Item 787 of Chapter 74 to exclude 3).

11. In Chapter 76 of the Section XII:

1) in Item 818:

the second offer of subitem 2 to exclude;

add Item with the new paragraph of the following content:

"In the decision on prolongation of term for beginning/continuation of activities for provision of financial services / provisions of separate financial service by finance company, pawnshop the term during which finance company, pawnshop shall begin/continue such activities / provision of such service is specified and submit to National Bank updated files of the reporting which submission is determined in tables 3, 4 appendices 5 to Rules of creation and submissions of the reporting.";

Item 821 to state 2) in the following edition:

"821. The National Bank makes the decision on revocation of license on activities of finance company or the license for activities of pawnshop, has the right to make the decision on exception of separate type of financial services of the license for activities of finance company, pawnshop because person did not begin implementation of activities for provision of financial services within six months with the date of receipt of license/provision of separate financial service within six months from the date of extension of the license for such service / does not perform activities for provision of financial services / provisions of separate financial service within six months in a row after:

1) failure to provide by finance company, pawnshop of information and the documents specified in Item 816 of Chapter 76 of the Section XII of this provision during the term established by National Bank in the notification;

2) the expiration specified in the decision of Committee on questions of supervision on prolongation of term for beginning/continuation of activities for provision of financial services / provisions of separate financial service by finance company, pawnshop if finance company, the pawnshop was not begun / did not continue implementation/implementation of activities for provision of financial services / provisions of separate financial service or did not file at the scheduled time to National Bank documents, it is confirming.";

Item 824 after the words "no later than" to add 3) with the word of "worker".

 

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