The National Bank of Ukraine fined three insurers for late submission of reporting files for 2023 to the NBU. This was reported by the regulator's press service.
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Who was fined by the National Bank
NBU fined:
- PJSC “Insurance Company “Veles”, PJSC “Insurance Company “Etalon”, PJSC “Velta” ”
“Decisions on the application of these measures of influence were made based on the results of ongoing supervision of the non-banking financial services market on April 15, 2024 and will come into force on April 16, 2024,” the message says.
Insurance companies must pay the fine within a month from the date the regulator’s decision to impose a fine comes into force.