RESOLUTION OF BOARD OF THE NATIONAL BANK OF UKRAINE

of January 5, 2017 No. 1

About modification of the Regulations on procedure and terms of trade in foreign currency

According to Articles 7, of 15, of 25, of 28, of 44, of 45, 56 Laws of Ukraine "About the National Bank of Ukraine", to the Decree of the Cabinet of Ministers of Ukraine of February 19, 1993 No. 15-93 "About system of currency control and currency exchange control", for the purpose of ensuring transparent strategy concerning interventions of the National Bank of Ukraine and more effective functioning of the interbank foreign exchange market of Ukraine the Board of the National Bank of Ukraine decides:

1. The paragraph of the seventh of Item 38 of the Section I of the Regulations on procedure and terms of trade in foreign currency approved by the resolution of Board of the National Bank of Ukraine of August 10, 2005 No. 281, registered in the Ministry of Justice of Ukraine on August 29, 2005 at No. 950/11230 (with changes) to replace with nine new paragraphs of the following content:

"The subject of the market which is included into the list from 20 banks which have the best general rating following the results of the last quarter can become the participant of currency intervention in request form concerning the best rate. The rating of the subject of the market is calculated by formula:

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