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RESOLUTION OF BOARD OF THE NATIONAL BANK OF UKRAINE

of April 16, 2020 No. 51

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

(as amended of the Resolution of Board of the National Bank of Ukraine of 29.07.2020 No. 108)

According to Articles 7, 15, 41, 56 Laws of Ukraine "About the National Bank of Ukraine", to Articles 68, 69, 74 Laws of Ukraine "About banks and banking activity", in pursuance of requirements of Items 13 and 26 of the Law of Ukraine "About modification of some legal acts of Ukraine, the additional social and economic guarantees aimed at providing in connection with spread of koronavirusny disease (COVID-19)" of March 30, 2020 No. 540-IX, 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 restrictive actions connected with spread of koronavirusny disease for the purpose of minimization of negative impact of such restrictions for bank system, financial stability and economy of Ukraine, maintenance of the Board of the National Bank of Ukraine DECIDES: financial system

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

1) till December 31, 2020 during representation and promulgation by banks of the financial reporting, consolidated financial statements together with the audit report, the report on management for 2019 and the I quarter 2020 the requirements established in Item 6.1 of Chapter 6, Items 7 are not applied. 2, 7.3, 7.5 of Chapter 7, Items 8. 2, 8.4, 8.5, 8.6 of Chapter 8 of the Section III and Item 10 of the Section IV of the Instruction on procedure for creation and promulgation of the financial reporting of banks of Ukraine approved by the resolution of Board of the National Bank of Ukraine of October 24, 2011 No. 373, registered in the Ministry of Justice of Ukraine on November 10, 2011 for No. 1288/20026 (with changes) (further - the Instruction 373).

Banks apply such procedure for representation and promulgation of the financial reporting:

for 2019:

perform adjusting entries taking into account conclusions/recommendations about results of external audit till June 19, 2020;

create and send files to the National Bank of Ukraine:

A4H "Data on Corrective Turnovers by results of the Accounting Period, Year and Account Balances" - till June 22, 2020;

81X "Data on corrective turnovers on turning by results of accounting year and account balances" - till June 23, 2020;

will promulgate by placement on the website of bank the annual financial reporting, annual consolidated financial statements together with the audit report within five working days after holding general shareholder meeting according to the procedure, stipulated in Item the 10th the Section XVII of the Law of Ukraine "About joint-stock companies";

for the first quarter 2020:

perform adjusting entries and send to the National Bank of Ukraine the A4H "Data on Corrective Turnovers by results of the Accounting Period, Year and Account Balances" file till June 24, 2020;

will promulgate by placement on the website of bank:

interim financial statements - till June 30, 2020 and

the consolidated interim financial statements - till July 30, 2020.

Banks shall promulgate the financial reporting in the terms determined in the subitem 1 of Item 1 of this resolution and inform the National Bank of Ukraine on date of placement of the financial reporting on own websites;

2) to allow banks which submit to the National Bank of Ukraine on papers the annual financial reporting, annual consolidated financial statements together with the audit report, the report on management for 2019, and also interim financial statements and the consolidated interim financial statements for the I quarter 2020, the first half of the year 2020, 9 months 2020 according to the Instruction 373, not to represent the specified reporting on papers on condition of its placement on own websites of banks;

3) till December 31, 2020 the requirements concerning the publication of turnover and balance balance taking into account adjusting entries for accounting year established in paragraph three of the subitem 1 of Item 2 of the resolution of Board of the National Bank of Ukraine of February 15, 2018 No. 11 "About establishment of the list of information which is subject to obligatory publication by banks of Ukraine" are not applied (with changes).

Banks publish on own pages of websites turnover and balance balance in the form determined by the National Bank of Ukraine taking into account adjusting entries accounting year prior to June 30, 2020;

4) banks do not apply the requirements for procedure and terms of submission of the audit report together with the financial reporting for 2019 established in Item 24, the paragraph the second Item 29 of the Section III of Provisions on procedure for submission by bank to the National Bank of Ukraine of the audit report by results of annual verification of the financial reporting approved by the resolution of Board of the National Bank of Ukraine of August 2, 2018 No. 90 (with changes), till fifth working day after holding general shareholder meeting according to the procedure, stipulated in Item the 10th the Section XVII of the Law of Ukraine "About joint-stock companies";

5) requirements of Items 2 are not applied. 6, 2.7, 2.10 Chapter 2 of the Section VI of the Regulations on procedure for the regulation of activities of banking groups approved by the resolution of Board of the National Bank of Ukraine of June 20, 2012 No. 254, registered in the Ministry of Justice of Ukraine of July, 2012 for No. 1178/21490 (with changes), appendices 6 to Rules of the organization of the statistical reporting provided in the National Bank of Ukraine, the approved resolution of Board of the National Bank of Ukraine of November, 2018 to No. 120 (with changes), during representation and publication of the consolidated and subconsolidated statements for 2019, the IV quarter 2019, the I quarter 2020.

Responsible persons of banking group apply such procedure for representation and publication of the consolidated and subconsolidated statements:

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