Document from CIS Legislation database © 2003-2022 SojuzPravoInform LLC

RESOLUTION OF BOARD OF THE NATIONAL BANK OF UKRAINE

of February 24, 2022 No. 20

About work of depositary of the National Bank of Ukraine during introduction of warlike situation

(as amended on 17-03-2022)

According to Articles 7, of 15, 56 Laws of Ukraine "About the National Bank of Ukraine", to Articles 13, of 17, 20 Laws of Ukraine "About depositary system of Ukraine", for the purpose of ensuring reliability and stability of functioning of system of depositary accounting of depositary of the National Bank of Ukraine the Board of the National Bank of Ukraine DECIDES:

1. From 00:00 on February 24, 2022 to suspend carrying out transactions in system of depositary accounting of depositary of the National Bank of Ukraine, except such:

1) transactions necessary for implementation of monetary (monetary) policy by the National Bank of Ukraine;

2) the transactions necessary for implementation by the Ministry of Finance of Ukraine of transactions on servicing of public debt;

3) opening of new accounts in securities;

4) accounting transactions concerning government securities according to appendix to the decision of the National commission on securities and the stock market of February 28, 2022 No. 137 "About procedure for carrying out separate transactions in the capital markets";

5) completion in system of depositary accounting of depositary of the National Bank of Ukraine of transactions on the OVDP and the state derivatives which were accepted to execution by depositary of the National Bank of Ukraine till 00:00 on February 24, 2022 and which confirmation about accomplishment was received by depositary of the National Bank of Ukraine from foreign depositary after 00:00 on February 24, 2022;

6) transactions on unblocking of government securities in system of depositary accounting of depositary of the National Bank of Ukraine which were blocked by clients of depositary for implementation/ensuring payment under transactions concerning securities with respect for the principle "delivery of securities against payment" cash calculations for which are provided with persons performing clearing activities (except the government securities blocked for implementation/ensuring calculations for transactions of repo);

7) depository operations with the central partner concerning government securities for the purpose of obligation fulfillment according to the repurchase agreements signed in the "Repo with Risk Control" mode till 00:00 on February 24, 2022;

8) separate depository operations which carrying out is authorized the decisions of the National commission on securities and the stock market accepted in connection with introduction of warlike situation according to the Presidential decree of Ukraine "About introduction of warlike situation in Ukraine" of February 24, 2022 No. 64/2022 (further - the Presidential decree);

9) the transactions connected with pledge in banks of government securities, change and the termination of such pledge, and also the address of collection regarding pledge.

2. To management of corporate laws and depository activity of the National Bank of Ukraine (Andrey Suprun):

1) to provide from clients - depository institutions of information on owners of securities and its reserve storage;

2) after official publication to inform clients of depositary of the National Bank of Ukraine information on adoption of this resolution.

2-1. For the period of action of the Presidential decree the rates specified in Sections I, III-V of Rates for depositary services (transactions) which are provided (are performed) by the National Bank of Ukraine, and also on services in accounting and the circulation of the deposit certificates of the National Bank of Ukraine approved by the resolution of Board of the National Bank of Ukraine of August 12, 2003 No. 333, registered in the Ministry of Justice of Ukraine on September 10, 2003 for No. 790/8111 (in edition of the resolution of Board of the National Bank of Ukraine of March 7, 2019 No. 48) (with changes), not applied.

3. To impose control over the implementation of this resolution on the vice-chairman of the National Bank of Ukraine Yury Geletiya.

4. The resolution becomes effective from the date of its acceptance.

Chairman

K. Shevchenko

 

Disclaimer! This text was translated by AI translator and is not a valid juridical document. No warranty. No claim. More info

Effectively work with search system

Database include more 50000 documents. You can find needed documents using search system. For effective work you can mix any on documents parameters: country, documents type, date range, teams or tags.
More about search system

Get help

If you cannot find the required document, or you do not know where to begin, go to Help section.

In this section, we’ve tried to describe in detail the features and capabilities of the system, as well as the most effective techniques for working with the database.

You also may open the section Frequently asked questions. This section provides answers to questions set by users.

Search engine created by SojuzPravoInform LLC. UI/UX design by Intelliants.