The press-service of the regulator reports that according to the decision of the NBU Board No. 137, the following standards have been introduced:.

- the minimum amount of equity capital of non-financial institutions for currency exchange activities is halved - up to ten million hryvnia, provided that such an institution will carry out activities using no more than 50 structural divisions. Each subsequent increase in the number of structural units by 50 units will require an increase in the minimum equity capital by UAH 10 million;.

- the period of the NFU's operation in the national currency was reduced from three to one years in order to obtain a general license for the performance of the corresponding operations in foreign currency. At the same time, the new Regulation establishes more stringent requirements for the financial condition, business reputation of managers and owners of significant participation in the NFU. Thus, in order to be able to carry out currency transactions, non-bank financial institutions will have to comply with the requirements for the absence of a cyclical ownership structure and the agreement of the competent authority to purchase or increase substantial participation in the NFU.

The regulator will now be able to suspend or extend the time for consideration of documents for obtaining a general license of a non-bank financial institution. And if a certain number of significant violations are committed by the NFU, or in the event that authorized NBU employees are prevented from conducting an audit of the structural subdivision of the NFU, the regulator will generally be able to revoke the general license from the institution.

The National Bank also provided for the issuance of a general license by making an account in the electronic register and provided an opportunity for non-bank financial institutions to generate an extract from this register using the NBU website. For non-bank financial institutions that already have general licenses for currency transactions, a transition period is established to bring their activities in line with the new requirements.

So, existing licensees need to:.

- two months from the date of entry into force of the amendments to submit a questionnaire to the NBU with information on the financial condition and financial obligations of the NFU, the business reputation of its managers and owners, relations with other persons;.

- six months from the date of entry into force of the amendments, ensure that its activities are brought in line with the new requirements of the Regulation and submit to the National Bank of Ukraine a written assurance about compliance of their activities with the requirements of the provision.

Recall, as reported URA-Inform, the National Commission for Securities and Stock Market agreed PJSC "Ukrposhta" issue of bonds in the amount of 600 million hryvnia.