05 December 2008, 16:15
The Bill (Reg. No.3306) is aimed at "promotion of attraction of investments into Ukrainian economy, support of the construction sector and improvement of mortgage mechanisms, enhancement of operation of the financial and taxation sectors". Relevant amendments are to be introduced into more than 20 legislative acts of Ukraine.
The Guarantee Fund of Insurance Payments and the Guarantee Fund for Deposits of Credit Union Members are to be founded on the analogy of the Guarantee Fund for Deposits of Physical Entities.
In compliance with the resolution of the Cabinet of Ministers of Ukraine, the Bill envisages introduction of new mechanisms and sources of credits and grants for the benefit of the Fund at the expense of the State Budget of Ukraine, including Reserve and Stabilization funds.