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GAAP.RUNewsUkraine’s President proposed more independence for the National Bank

Ukraine’s President proposed more independence for the National Bank

Publication date: 6 July 2010

The President of Ukraine Viktor Yanukovych proposed a new law project to the Verkhovna Rada. The proposal deals with certain amendments to the current legislation which regulates operations of the National Bank of Ukraine (NBU). It is aimed at more independence for the main banking regulator in the country.

The President of Ukraine Viktor Yanukovych proposed a new law project to the Verkhovna Rada – it deals with amendments to give more independence to the country’s main regulator - National Bank of Ukraine (NBU) – and to increase transparency of its financial accountancy.