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The document ceased to be valid since  December 22, 2020 according to Item 3 of the Resolution of Board of the National Bank of Ukraine of  December 21, 2020 No. 160

RESOLUTION OF BOARD OF THE NATIONAL BANK OF UKRAINE

of April 3, 2020 No. 46

About features of application of requirements of separate regulatory legal acts and modification of some regulatory legal acts of the National Bank of Ukraine in connection with establishment of quarantine and introduction of rationing arrangements

(as amended on 19-11-2020)

According to Articles 7, 15, 56 Laws of Ukraine "About the National Bank of Ukraine", to Articles 44, 49, 66 Laws of Ukraine "About banks and banking activity", in connection with establishment by the resolution of the Cabinet of Ministers of Ukraine of March 11, 2020 No. 211 "About prevention of distribution in the territory of Ukraine sharp respiratory disease of COVID-19, of SARS-CoV-2 caused by coronavirus" (with changes) quarantine and introduction of the restrictive actions connected with spread of koronavirusny disease (COVID-19), for the purpose of minimization of negative impact of such restrictions for bank system, financial stability and economy of Ukraine, for the purpose of maintenance of financial system of Ukraine DECIDES: Board of the National Bank of Ukraine

1. Establish the following features of application of requirements of separate regulatory legal acts of the National Bank of Ukraine:

1) during the action of quarantine and restrictive actions connected with spread of koronavirusny disease (COVID-19) (further - quarantine), testings of heads of bank and candidates for executive positions (including the division manager of internal audit of bank, the employee of the non-bank financial institution responsible for carrying out financial monitoring, and other persons determined by regulatory legal acts of the National Bank of Ukraine) (further - candidates), is carried out in the form of poll during videoconference in the format determined by the Qualification commission of National Bank;

2) during action of quarantine Board of National Bank of Ukraine / the Qualification commission of National Bank conducts interviews with candidates by videoconference;

To resolve 3) during action of quarantine to banks, non-bank financial institutions, other persons who file documents to the National Bank of Ukraine, not to file documents on papers on condition of submission of these documents or their electronic copies means of e-mail (electronic document management system) of the National Bank of Ukraine with imposing on them the qualified digital signature;

To resolve 4) to banks during application of requirements of the Regulations on the organization of the process of management of troubled assets in banks of Ukraine approved by the resolution of Board of the National Bank of Ukraine of July 18, 2019 No. 97:

consider regulations of the resolution of Board of the National Bank of Ukraine of March 26, 2020 No. 39 "About features of application of requirements of the Regulations on determination by banks of Ukraine of the extent of credit risk for active banking activities in connection with introduction of restrictive actions" (further - the Resolution No. 39);

during action of quarantine and till September 30, 2020 to apply to debtors/partners who answer the criteria and conditions established in the subitem 4 of Item 1 of the Resolution No. 39, instruments of long-term restructuring without transfer of debt of such debtors / partners to division on work with dormant assets;

5) during application of requirements of the Regulations on plans of the renewal of activities of banks and banking groups approved by the resolution of Board of the National Bank of Ukraine of July 18, 2019 No. 95 (further - No. Provision 95), in the course of development and submission of plans of recovery of activities in 2020 to permit:

to banks to carry out stress testing according to requirements of the Section V of the Provision No. 95 using only one stress scenario which shall provide long negative economic effect of distribution in the territory of Ukraine of sharp respiratory disease of COVID-19, of SARS-CoV-2 caused by coronavirus;

to banks which did not receive the status systemically of important bank to submit to the National Bank of Ukraine plans of recovery of activities no later than December 20, 2020.

to banks which acquired the status systemically of important bank to submit to the National Bank of Ukraine plans of renewal of activities no later than December 01, 2020;

to banks not to include the list of critical functions which determination is provided in the subitem 2 of Item 25 of the Section IV of Provisions No. 95 in plans of renewal of activities;

provide to banks to the National Bank of Ukraine plans of renewal of activities in the form of the electronic document signed by the qualified electronic signature (Amy) of corresponding authorized person (IB).

2. "About approval of the Regulations on the organization of process of management of troubled assets in banks of Ukraine" to state appendix to the resolution of Board of the National Bank of Ukraine of July 18, 2019 to No. 97 in such edition:

"Appendix

to the Resolution of Board of the National Bank of Ukraine on July 18, 2019 No. 97

(in edition of the Resolution of Board of the National Bank of Ukraine of April 3, 2020 No. 46)

The schedule of introduction by banks of Ukraine of requirements of the Regulations on the organization of process of management of troubled assets in banks of Ukraine

No. of payment order

Implementation stages

Accomplishment term

1

2

3

1

Plan development of work with the dormant assets and the withheld property recognized by bank as of March 01, 2020

Till April 30, 2020

2

Development/completion and implementation of system of early reaction

Till May 31, 2020

3

Reduction of organizational structure of bank in compliance to requirements of the Provision

Till June 30, 2020

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