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RESOLUTION OF BOARD OF THE NATIONAL BANK OF UKRAINE

of December 19, 2025 No. 151

About modification of some regulatory legal acts of the National Bank of Ukraine concerning the organization of internal audit in banks of Ukraine and banking groups

According to Articles 7, of 15, 56 Laws of Ukraine "About the National Bank of Ukraine", Articles 9, of 39, of 44, of 45, of 66, 67 Laws of Ukraine "About banks and banking activity", for the purpose of increase in overall performance of division of internal audit of bank, ensuring stability of activities of banks and depositor protection and creditors of the Board of the National Bank of Ukraine banks decide:

1. Bring in the resolution of Board of the National Bank of Ukraine of May 10, 2016 No. 311 "About approval of the Regulations on the organization of internal audit in banks of Ukraine" such changes:

Heading of the resolution to state 1) in the following edition:

"About approval of the Regulations on the organization of internal audit in banks of Ukraine and banking groups";

Item 1 to state 2) in the following edition:

"1. Approve Regulations on the organization of internal audit in banks of Ukraine and banking groups.".

2. Make changes to Regulations on the organization of the internal audit in banks of Ukraine approved by the resolution of Board of the National Bank of Ukraine of May 10, 2016 No. 311 (with changes) (further - the Provision), having been reworded as follows it which is applied.

3. To banks of Ukraine / to responsible persons of banking groups to develop/finish and enter intra bank/intra group bank documents concerning internal audit according to requirements of the Provision till July 01, 2026.

4. To department of methodology of regulation of activities of banks (Oksana Prisyazhenko) after official publication to inform banks of Ukraine information on adoption of this resolution.

5. The resolution becomes effective from the date of, its official publication following behind day.

Appendix

to the Resolution of Board of the National Bank of Ukraine of December 19, 2025 No. 151

Approved by the Resolution of Board of the National Bank of Ukraine of May 10, 2016 No. 311
(in edition of the Resolution of Board of the National Bank of Ukraine of December 19, 2025 No. 151)

Regulations on the organization of internal audit in banks of Ukraine and banking groups

I. General provisions

1. Basic provisions and terms

1. This Provision is developed according to the laws of Ukraine "About the National Bank of Ukraine", "About banks and banking activity", taking into account the principles and recommendations of Basel Committee on Banking Supervision concerning internal audit function in banks, provisions of the Directive of the European Parliament and Council 2013/36/EU of June 26, 2013 about access to activities of credit institutes and prudential supervision of credit institutes and investment firms, about modification of the directive 2002/87/EU and about cancellation of Directives 2006/48/EU and 2006/49/EU, the closing statement of the European banking supervisor authority concerning Managements on internal management according to the Directive 2013/36/EU (EBA/GL/2021/05 of July 02, 2021), and also documents of international standards of professional practice of internal audit, including Global standards of internal audit, accepted by Council for international standards of internal audit (International Internal Audit Standards Board - IIASB) and published on January 09, 2024 by the international Institute of internal auditors (further - International standards of internal audit).

2. The terms used in this Provision are used in the following values:

1) audit inspection - the activities of division of internal audit consisting in carrying out independent, objective and based on risk - the oriented approach to assessment for giving of confidence which, among other things, includes accomplishment of tasks of internal audit for assessment of conformity, tasks in the field of finance, operating activiies and information and communication technologies for the purpose of provision of confidence concerning efficiency and adequacy of corporate management, internal control system, risk management system in bank / to banking group;

2) the audit report (the conclusion by results of task of internal audit) - the professional judgment of internal auditors concerning the observations revealed during execution of task based on objective assessment of set of the facts and proofs;

3) the internal auditor - the head and/or the employee of division of internal audit of bank;

4) task of internal audit - the separate task of internal audit on provision of confidence or consulting services including the tasks and/or types of activity directed to achievement of the expected results and accurate resulting effect which needs to be reached in case of accomplishment of such task;

5) the interested person - the party directly or indirectly interested in results of activities of bank / banking group including shareholders of bank, council of the bank, committee on questions of audit (auditing committee) (in case of its creation), bank board, governing bodies of members of banking group, the National Bank of Ukraine (further - National Bank) and external auditors;

6) the external auditor - the auditing firm which according to the legislation of Ukraine performs audit of the annual financial reporting, consolidated financial statements and other information of rather financial and economic activities of bank / the consolidated annual financial reporting of bank group / participant of banking group and also provides auditor services to bank / to the responsible person of bank group / participant of banking group;

7) the division manager of internal audit - the official of bank / the responsible person of banking group, responsible for effective management of all aspects of internal audit function according to International standards of internal audit and the legislation of Ukraine;

8) committee on questions of audit (auditing committee) - the committee created by council of the bank from the list of his members from whom at least one person has practical experience in the field of audit, the financial reporting and financial accounting, for ensuring control of implementation of adequate internal control system, forming of policy of internal audit, financial accounting and the financial reporting, carrying out external audit;

9) consulting services - the activities of division of internal audit consisting in provision by internal auditors of consultations to interested persons for the purpose of enhancement of corporate management, internal control system, risk management system in bank / to banking group without provision of confidence and without accomplishment of obligations of governing bodies of bank / the responsible person of banking group;

10) the curator of task of internal audit - the internal auditor authorized by the division manager of internal audit on control of task performance of internal audit and by its results;

11) confidence provision - the certificate directed to provision of confidence and/or increase in level of confidence of interested persons of rather organizational processes of effective and adequate corporate management, internal control system, risk management system in bank / to banking group;

12) division of internal audit - the independent permanent division of bank / the responsible person of banking group which is providing accomplishment of internal audit function and acting on the basis of the regulations on division of internal audit and the charter of internal audit;

13) regulations on division of internal audit - the intra bank/intra group bank document approved by council of bank / the responsible person of banking group taking into account the offers provided by committee on questions of audit (auditing committee) (in case of its creation) determining the status, the rights and obligations of division of internal audit;

14) the program of task of internal audit - the document determining tasks which shall be executed by worker/employee group of division of internal audit for goal achievement of task, the accomplishment term, and also methodology and tools and the list of internal auditors, necessary for accomplishment of such tasks, intended for accomplishment of these tasks;

15) professional scepticism - the relation of the internal auditor to information obtained during execution of the task of internal audit including the relation under doubt and critical evaluation of accuracy of the information, and attentiveness to circumstances which can demonstrate possible misstatements owing to fraud or mistake;

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