02 September 2026, 15:03
The Verkhovna Rada of Ukraine adopted as a whole Draft Law (Reg. No 13007-d) that improves mechanisms for the resolution of insolvent banks, updates capital requirements for banks, and revises operational rules for collective investment undertakings. The primary objective of the enacted Law is to make the banking system more reliable, safeguard depositors’ funds, and unlock new investment opportunities.
Key changes to note:
1. Greater protection for bank depositors. Previously, if a bank was declared insolvent, liquidation was the most frequent method of resolution. The new law shifts these priorities:
Preservation of ongoing banking operations: The Deposit Guarantee Fund will now seek to transfer customers and functioning services of an insolvent bank to a healthy, reliable institution before proceeding to liquidation.
Lower costs, higher payouts: By leveraging resolution tools alternative to liquidation and preserving asset values, returning funds to depositors and other creditors will become more straightforward and efficient.
Clearer inter-agency coordination: The law establishes a clearer division of roles and coordination between the National Bank of Ukraine and the Fund, expanding the scope of information shared by the NBU with the Fund when handling problem and insolvent banks.
2. Higher capital adequacy requirements for banks.
The minimum statutory capital for banks has been increased from UAH 200 million to UAH 250 million, bringing capital requirements for domestic banks into alignment with EU legislative standards.
3. New opportunities for investors (amendments regarding Collective Investment Undertakings). The Law also simplifies operations for individuals and entities wishing to invest in collective investment undertakings (CIUs):
Accessible investment thresholds: The mandatory minimum investment threshold for individuals participating in qualifying funds has been removed, lowering the barrier to entry.
Domestic Government Loan Bonds: Qualified funds are now permitted to acquire Domestic Government Loan Bonds, rendering their investment portfolios more secure.
Enhanced flexibility for investment funds: Asset management companies are now authorized to merge, secure larger credit facilities to support growth (up to 30%, up from 10%), as well as split or consolidate their securities.