RESOLUTION OF BOARD OF THE NATIONAL BANK OF UKRAINE

of January 3, 2019 No. 13

About approval of the Regulations on currency supervision

According to Articles 7, 15, 44, 56 Laws of Ukraine "About the National Bank of Ukraine", to Articles 11, 14, 15, 16 Laws of Ukraine "About currency and currency transactions", for the purpose of determination of the basic principles of implementation by the National Bank of Ukraine and authorized institutions of currency supervision, the bases and procedure for application by National Bank to authorized institutions of corrective actions for violation of requirements of the foreign exchange legislation Board of the National Bank of Ukraine DECIDES:

1. Approve Regulations on currency supervision (further - the Provision) which are applied.

2. Recognize invalid regulatory legal acts of the National Bank of Ukraine according to the list which is attached.

3. Banks, non-bank financial institutions, the national operator of mail service which about day of enforcement of the Law of Ukraine "About currency and currency transactions" violated requirements of the Decree of the Cabinet of Ministers of Ukraine "About system of currency control and currency exchange control" (further - the Decree), the Presidential decree of Ukraine of June 27, 1999 No. 734/99 "About settlement of procedure for receipt by residents of the credits, foreign currency loans from nonresidents and application of penalties for violation of the foreign exchange legislation" and/or regulatory legal acts of the National Bank of Ukraine concerning currency control and control, bear responsibility, stipulated in Article 16 Decrees, the Regulations on currency exchange control approved by the resolution of Board of the National Bank of Ukraine of February 8, 2000 No. 49, registered in the Ministry of Justice of Ukraine on April 4, 2000 for No. 209/4430 (with changes), Regulations on application of the corrective actions by the National Bank of Ukraine 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 - No. Provision 346), in the edition operating on the date of making of the corresponding violation.

The National Bank of Ukraine makes the decision on application of measures of influence for violation, specified in paragraph one of Item 3 of this resolution:

to banks - according to the procedure, No. determined by the Provision 346, in the edition operating on the date of the decision making specified in the paragraph the second Item 3 of this resolution;

to non-bank financial institutions and the national operator of mail service - according to the procedure, determined by the Provision.

4. To department of methodology (Ivanenko N. V.) after official publication to inform banks information on adoption of this resolution.

5. To impose control over the implementation of this resolution on the First Deputy Chairman of the National Bank of Ukraine Rozhkova K. V.

6. The resolution becomes effective along with enforcement of the Law of Ukraine "About currency and currency transactions".

Approved by the Resolution of Board of the National Bank of Ukraine of January 3, 2019 No. 13

Regulations on currency supervision

I. General provisions

1. This Provision is developed according to the Laws of Ukraine "About the National Bank of Ukraine", "About currency and currency transactions" (further - the Law), to other legislation of Ukraine and regulatory legal acts of the National Bank of Ukraine (further - National Bank) and determines the basic principles of implementation by National Bank and authorized institutions of currency supervision in Ukraine, the bases and procedure for application by National Bank to authorized institutions of corrective actions for violation of requirements of the foreign exchange legislation.

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