RESOLUTION OF BOARD OF THE NATIONAL BANK OF UKRAINE

of December 21, 2020 No. 160

About approval of Rules of work of banks of Ukraine in connection with establishment of quarantine and introduction of rationing anti-epidemic arrangements for the purpose of prevention of spread of koronavirusny disease of COVID-19 and modification of some regulatory legal acts of the National Bank of Ukraine

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", for the purpose of prevention of distribution in the territory of Ukraine sharp respiratory disease of COVID-19, of SARS-CoV-2, caused by coronavirus in connection with establishment by the resolution of the Cabinet of Ministers of Ukraine of December 9, 2020 No. 1236 "About establishment of quarantine and introduction of rationing anti-epidemic arrangements for the purpose of prevention of distribution in the territory of Ukraine sharp respiratory disease of COVID-19, of SARS-CoV-2 caused by coronavirus" quarantine by prolongation of action of the quarantine established by resolutions of the Cabinet of Ministers of Ukraine of March 11, 2020 No. 211 "About prevention of distribution in the territory of Ukraine of sharp respiratory disease of COVID-19, of SARS-CoV-2 caused by coronavirus" (with changes), of May 20, 2020 No. 392 "About establishment of quarantine for the purpose of prevention of distribution in the territory of Ukraine of sharp respiratory disease of COVID-19, of SARS-CoV-2 caused by coronavirus" (with changes) and of July 22, 2020 No. 641 "About establishment of quarantine and introduction of the strengthened anti-epidemic measures in the territory with considerable spread of sharp respiratory disease of COVID-19, of SARS-CoV-2 caused by coronavirus" (with changes), for minimization of negative impact of quarantine restrictions for bank system, financial stability and economy of Ukraine the Board of the National Bank of Ukraine DECIDES:

1. Approve Rules of work of banks of Ukraine in connection with establishment of quarantine and introduction of rationing anti-epidemic arrangements for the purpose of prevention of spread of koronavirusny disease of COVID-19 (further - Rules) which are applied.

2. In paragraph three of the subitem 1 of Item 1 of the resolution of Board of the National Bank of Ukraine of August 18, 2020 "About features of accomplishment of some requirements of regulatory legal acts of National Bank concerning assessment of credit risk" figures and the word "February 28" to replace No. 118 with figures and the word "April 30".

3. Recognize invalid:

1) 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";

2) the 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 restrictive actions";

3) the resolution of Board of the National Bank of Ukraine of July 24, 2020 No. 105 "About introduction of amendments to the resolution of Board of the National Bank of Ukraine of March 26, 2020 No. 39";

4) the resolution of Board of the National Bank of Ukraine of September 2, 2020 No. 128 "About introduction of amendments to the resolution of Board of the National Bank of Ukraine of April 3, 2020 No. 46";

5) the resolution of Board of the National Bank of Ukraine of November 19, 2020 No. 147 "About introduction of amendments to the resolution of Board of the National Bank of Ukraine of April 3, 2020 No. 46";

6) the resolution of Board of the National Bank of Ukraine of November 30, 2020 No. 152 "About introduction of amendments to the resolution of Board of the National Bank of Ukraine of April 03, 2020 No. 46".

4. To department of methodology of regulation of activities of banks (Natalya Ivanenko) after official publication to inform banks of Ukraine information on adoption of this resolution.

5. The resolution becomes effective from the date of, its official publication following behind day.

Approved by the Resolution of Board of the National Bank of Ukraine of December 21, 2020 No. 160

Rules of work of banks of Ukraine in connection with establishment of quarantine and introduction of rationing anti-epidemic arrangements for the purpose of prevention of spread of koronavirusny disease of COVID-19

1. These Rules establish features of application by banks of Ukraine (further - banks) requirements of separate regulatory legal acts of the National Bank of Ukraine in the conditions of the quarantine established by the resolution of the Cabinet of Ministers of Ukraine of December 9, 2020 No. 1236 "About establishment of quarantine and introduction of rationing anti-epidemic arrangements for the purpose of prevention of distribution in the territory of Ukraine of sharp respiratory disease of COVID-19, of SARS-CoV-2 caused by coronavirus" which extended action of the quarantine established by resolutions of the Cabinet of Ministers of Ukraine of March 11, 2020 No. 211 "About prevention of distribution in the territory of Ukraine of sharp respiratory disease of COVID-19, of SARS-CoV-2 caused by coronavirus" (with changes), of May 20, 2020 No. 392 "About establishment of quarantine for the purpose of prevention of distribution in the territory of Ukraine sharp respiratory disease of COVID-19, of SARS-CoV-2 caused by coronavirus" (with changes) and of July 22, 2020 No. 641 "About establishment of quarantine and introduction of the strengthened anti-epidemic measures in the territory with considerable spread of sharp respiratory disease of COVID-19, of SARS-CoV-2 caused by coronavirus" (with changes) (further - quarantine restrictions).

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