Financial sector news

The relevant changes have been made to the Regulation on establishing requirements for ensuring the solvency and investment activities of insurers in order to bring it into line with the new Law of Ukraine “On Rating,” according to the NBU press service.

In particular, the update provides for the possibility of using public credit ratings in Ukraine determined by authorized rating agencies based in foreign countries.
The Law of Ukraine “On Rating,” which comes into force on January 1, 2026, establishes the procedure for authorizing rating agencies that intend to determine public credit ratings in Ukraine, and also allows the use of credit ratings of foreign rating agencies after their authorization in Ukraine.

The document also provides for a one-year transition period for the use of existing credit ratings of issuers of certain types of securities.
In addition, a number of provisions of the Regulation have been clarified to ensure their unambiguous interpretation during practical implementation.
The changes were approved by Resolution No. 154 of the Board of the National Bank of Ukraine dated December 22, 2025. The resolution will come into force on January 1, 2026.