The regulator simplified the terms and procedure for the purchase and transfer of foreign currency for the following operations, such as transactions of foreign investors with OVDPs. As reported by the press service of the NBU, among other things, the cases of conducting OVGZ transactions received by foreign investors through the conversion of depositary receipts issued on OVDPs by a foreign bank.

Operations are also simplified for cases where settlements for the implementation of a foreign investment and its further return are conducted through one bank, the client is allowed to submit a simplified package of documents that are the basis for these operations, as well as cases of currency purchase for operations related to the performance by a resident-guarantor (Guarantor) of obligations in foreign currency for a resident debtor to a non-resident under a foreign economic contract and to an authorized bank under a loan agreement in a foreign Strange currency.

Corresponding changes are fixed by Resolution No. 65 of July 18, 2017 "On Amendments to the Regulations on the Procedure and Conditions for Foreign Exchange Trading". The Resolution comes into force on July 20.

Recall, as reported URA-Inform, the NBU announced the priority areas of simplification of foreign exchange regulation.