Financial sector news

The National Bank of Ukraine has updated the distribution of structural units between the verticals of “Monetary Stability” and “Financial Stability.”

According to the NBU's decision, the Department of International Cooperation is moving from the “Monetary Stability” vertical to the “Financial Stability” vertical, which is managed and controlled by the First Deputy Governor of the National Bank, Serhiy Nikolaychuk.
It is noted that prior to his appointment as First Deputy Governor of the NBU, Serhiy Nikolaychuk already coordinated the work of the Department of International Cooperation within the “Monetary Stability” block.

Serhiy Nikolaychuk is a member of the Interdepartmental Working Group on ensuring the negotiation process for Ukraine's accession to the European Union and the adaptation of national legislation to EU law. He also heads working (negotiating) groups on preparing Ukraine's negotiating positions in negotiations with the EU on the conclusion of an agreement on Ukraine's accession to the EU in the areas of free movement of capital and financial services, and actively participates in the work of other negotiating groups covering issues within the competence of the central bank.

In addition, Serhiy Nikolaychuk will continue to coordinate the National Bank of Ukraine's cooperation with international organizations, central banks, and other international partners.

The National Bank notes that the changes in the reporting lines are aimed at maintaining institutional stability in the process of Ukraine's European integration, ensuring effective cooperation with international financial institutions, and strengthening Ukraine's integration into the global financial space.