RESOLUTION OF BOARD OF THE NATIONAL BANK OF UKRAINE

of September 29, 2015 No. 637

About modification of the Regulations on application of corrective actions by the National Bank of Ukraine for violation of the bank law

According to Articles 7, of 15, of 17, of 55, 56 Laws of Ukraine "About the National Bank of Ukraine", to Articles 66, of 67, of 73, 74 Laws of Ukraine "About banks and banking activity", to Item 6 of the Section II of the Law of Ukraine of June 18, 2015 "About modification of some legal acts of Ukraine on development of institutional capability of the National Bank of Ukraine" the Board of the National Bank of Ukraine decides No. 541-VIII:

1. Bring in Regulations on application of corrective actions by the National Bank of Ukraine for the violation of the bank law approved by the resolution of Board of the National Bank of Ukraine of August 17, 2012 No. 346, registered in the Ministry of Justice of Ukraine on September 17, 2012 for No. 1590/21902 (with changes) (further - the Provision), the following changes:

1) in the Section I:

the paragraph one of Item 3.3 of Chapter 3 to state in the following edition:

"3.3. The decision on application of corrective action is made by Board of National Bank or Committee on questions of supervision and regulation of activities of banks, supervision (oversight) of payment systems (further - Committee on questions of supervision) according to this Provision";

in Chapter 4:

in paragraph three of Item 4.3 of the word", the Commission of National Bank" shall be replaced with words "or Committee on questions of supervision";

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