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RESOLUTION OF BOARD OF THE NATIONAL BANK OF UKRAINE

of July 22, 2014 No. 435

About approval of the Instruction on the organization of work of bank system in the extraordinary mode

(as amended on 15-04-2022)

According to article 7 of the Law of Ukraine "About the National Bank of Ukraine", for the purpose of ensuring functioning of bank system of Ukraine and uninterrupted financing of needs of the state and activity of the population in the conditions of extraordinary operating mode the Board of the National Bank of Ukraine decides:

1. Approve the Instruction on the organization of work of bank system in the extraordinary mode (further - the Instruction) which is attached.

2. To general department of regulation of currency circulation (Zayvenko V. P.), Department of payment systems and calculations (Kravets V. M.) in a month from the date of approval of the Instruction to develop and approve the Procedure for bank servicing by mobile organizations of banks of military units, companies, organizations, the populations in the separate territories in the place of their arrangement in case of emergency situation that makes impossible work of bank system in the regular mode (further - extraordinary operating mode).

3. The extraordinary operating mode for separate banks or bank system of Ukraine is entered and cancelled by board decision of the National Bank of Ukraine.

4. Recognize invalid resolutions of Board of the National Bank of Ukraine of December 29, 2003 as No. 594 "About approval of the Regulations on procedure for conducting financial accounting, creation and accounts presentation of the National Bank of Ukraine and recovery of financial accounting in case of violation of continuity of its maintaining during the special period", of January 21, 2004 No. 24 "About approval of some regulatory legal acts of the National Bank of Ukraine", of April 22, 2004 No. 180 "About approval of the Regulations on telecommunication providing the National Bank of Ukraine during the special period".

5. I reserve control of execution of this resolution.

Chairman

V. A. Hontareva

Approved by the Resolution of Board of the National Bank of Ukraine of July 22, 2014 No. 435

The instruction on the organization of work of bank system in the extraordinary mode

I. General provisions

1. This Instruction is developed according to requirements of the Constitution of Ukraine, the Code of civil protection of Ukraine, the Law of Ukraine "About the National Bank of Ukraine", other acts of the legislation and regulatory legal acts of the National Bank of Ukraine (further - National Bank).

2. This Instruction determines procedure for carrying out banking activities, the description of changes in technologies of their carrying out, single questions of the organization of activities of National Bank, banks of Ukraine (further - banks), and also actions of the employees of National Bank connected with accomplishment of such transactions in case of the emergency mode that makes impossible work of bank system regularly (further - extraordinary operating mode).

3. Requirements of this Instruction extend to National Bank, banks and non-bank participating organizations of electronic payment system (further SEP) in case of introduction of extraordinary operating mode.

4. The extraordinary operating mode for separate banks or bank system of Ukraine is entered and cancelled by board decision of National Bank.

The board of National Bank makes the decision on creation of the commission (working group), determines its structure, distribution of powers and effective periods.

5. The following questions belong to powers of the commission (working group), in particular:

1) coordination of works on ensuring continuous work and recovery of activities of bank system;

2) coordination of work of bank system with cash, decision making on the questions arising during extraordinary operating mode;

3) ensuring interaction with banks, the Public treasurer service of Ukraine and coordination of collateral actions for implementation of payment under their orders;

4) interaction with law enforcement and other state bodies;

5) organization of necessary assistance to employees of National Bank.

The commission (working group) makes decisions on other questions arising during extraordinary operating mode and recovery of activities of bank system.

6. The board of National Bank has the right to make the decision on suspension, will lock activities of banks or implementation of separate transactions.

7. Heads of independent structural divisions of central office of National Bank, the division manager of currency circulation in the region have the right to determine the action plan and/or to make the decision for ensuring work of division depending on the circumstances which arose in the conditions of extraordinary operating mode and to approve it with the commission (working group).

For development and taking measures to providing the organization of work the special commissions in regions of Ukraine can be created.

8. Banks make the decision on plan development of actions, creation of the commissions (working groups), determination of procedure for internal bank procedures of implementation of transactions in the conditions of extraordinary operating mode, and also on activities recovery. Banks approve the corresponding action plans with the commission (working group) of National Bank as required.

9. The chairman, the first deputy and vice-chairmen of National Bank, heads of independent structural divisions of central office of National Bank, the general director / deputy director general of Banknote mint, division managers of currency circulation in regions of Ukraine (further - the Head) and heads of banks in case of introduction of extraordinary operating mode shall take, first of all, the measures aimed at providing preserving life and health of workers.

10. The head/head of bank depending on situation, makes the decision relatively:

1) strengthenings of protection of bank, the organization of interaction with divisions of the Ministry of Internal Affairs of Ukraine for the purpose of non-admission of penetration of strangers on the territory of bank, their intervention in working process;

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