15 February 2011, 12:24
The primary purpose of the bill is to harmonize the state banking registration with the requirements of the specialized legislation in the sphere of state registration of legal entities; to improve the banking supervision and organization of the external banking audit; to strengthen the creditor´s rights protection, etc. The legislative act amends the Laws "On Banks and Banking", "On the National Bank of Ukraine", "On Auditing Activities", "On Financial Services and State Regulation of Financial Services Markets", "On State Registration of Legal Entities and Sole Proprietors", "On Accounting and Financial Data Reporting in Ukraine", "On Protection of Childhood", "On Fundamentals of Social Security of Homeless Adults and Children."
The Law expands the scope of information on bank owners to be made public for the clients (published), and strengthens responsibility of the owners for withholding personal information.
The legislative act sets the requirements concerning minimal rate of the statutory bank capital UAH 120 million, which is caused by the necessity to increase the rate of banks capitalization and reduce the risks for debtors and bank clients.
The draft is registered under Reg. No .0884.