The NBU approved 6 additional criteria for risky foreign exchange transactions
The National Bank demands that banks strengthen foreign exchange control over export-import transactions customers when it comes to prepayments. Namely: the regulator has expanded the list of its indicators for analyzing and verifying documents (information) on foreign exchange transactions contained in NBU Resolution No. 8 of January 2, 2019.
The NBU announced when it will begin to check the implementation of enhanced payment authentication in Ukraine
The National Bank does not plan to conduct inspections on compliance by banks, other financial institutions and Ukrposhta with the requirements of Regulation No. 58 on enhanced authentication in the payment market before May 10, 2024 .
Aggressive portfolio of shares of the Ministry of Finance: what they earned in a year and what strategy they chose for 2024
2023 was a strong year for the stock market, with the S&P 500 up 23%, Nasdaq 100 up over 50%, DAX 100 up 19.4%, RUSSEL 2000 up 13%. Technology companies and artificial intelligence became the mainstream of the year. The Ministry of Finance, with the help of an aggressive stock portfolio, took full advantage of the situation and made a profit, outperforming key indices. We continue to invest and tell you what else we bought and what we expect in 2024.
Increasing prices for loans and card servicing: how bankers will react to a tax increase
In early December, the President signed the Law (No. 3474-IX) on increased taxation of banks. Even when discussing the document, financiers said that new tax rules would force them to increase tariffs for banking services and prices for loans. The Ministry of Finance found out how real such threats were.
