RESOLUTION OF BOARD OF THE NATIONAL BANK OF UKRAINE

of August 13, 2021 No. 87

About modification of some regulatory legal acts of the National Bank of Ukraine

According to Articles 7, of 15, 56 Laws of Ukraine "About the National Bank of Ukraine", to Articles 44, 66 Laws of Ukraine "About banks and banking activity", for the purpose of ensuring settlement of practical aspects of determination by banks of Ukraine the extent of credit risk on active banking activities the Board of the National Bank of Ukraine DECIDES:

1. No. 351 "About approval of the Regulations on determination by banks of Ukraine of the extent of credit risk on active banking activities" (with changes) after Item 5-6 to add the resolution of Board of the National Bank of Ukraine of June 30, 2016 with new Item 5-7 of the following content:

"5-7. To banks of Ukraine which during implementation of the changes in Regulations on determination of the extent of credit risk made by the resolution of Board of the National Bank of Ukraine of January 26, 2021 No. 8 "About approval of Changes to Regulations on determination by banks of Ukraine of the extent of credit risk on active banking activities" based on judgment of bank, made disbandment of groups of financial assets with homogeneous characteristics with their temporary transfer on assessment on individual basis for the subsequent transfer into assessment with the simplified approach, during decision making about transfer of such assets into assessment of credit risk with the simplified approach to permit not to apply till October 01, 2021:

1) the default sign determined in the subitem 17 of Item 165 of the Section XVIII of the Regulations on determination of the extent of credit risk;

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