The Regulation On NBU’s Conducting Depository Activities as a Depository Institution (hereinafter referred to as the “Regulation”) provides for the NBU’s depositary activities and establishes the procedure for the NBU's interaction with its depositors as a depository institution.
This Regulation determines in particular:
- the procedure for the depository institution’s operation and acceptance of depositors
- the procedure for drawing up, submitting, and accepting orders and documents from depositors
- functions of a depository institution
- terms and conditions, and procedure for administrative, accounting, and information operations
- the procedure for paying out income and/or redemption of securities
- general principles of custody of assets of the Corporate Nonstate Pension Fund of the National Bank of Ukraine
- list and cost of services provided to depositors.
- The Regulation will strengthen legal certainty in the NBU’s operations as a depository institution, in particular, will ensure transparency of the terms and conditions for providing depository services and better access to information about such services for depositors.
The Regulation was approved by NBU Board Resolution No. 78 On Approval of the Regulation On NBU’s Conducting Depository Activities as a Depository Institution dated 3 July 2024, which comes into effect on 4 July 2024.