fact-ua.com

The NBU has updated the regulations for overseeing payment infrastructure.

НБУ изменил регламент оверсайта для платежной инфраструктуры.

In particular, the National Bank:

  • adjusted certain regulations to enhance internal control within payment systems, taking into account the requirements of the Law of Ukraine "On Payment Services";
  • established requirements for having a separate official website or a dedicated page to publish information about the activities of the payment system operating in Ukraine, created by a non-resident;
  • revised the process of informing about significant incidents that disrupt the continuity of operations;
  • regulated procedures for routine operations in payment systems and for specific institutions—oversight entities;
  • supplemented the requirements for ensuring the continuity of operations for critical oversight entities regarding the functioning of the information infrastructure;
  • implemented standards for having a backup working area in significant oversight entities and for conducting measures to promptly utilize the backup working area in case of an emergency;
  • added requirements to the Continuity of Operations Plan for systemically important and significant payment systems;
  • extended these and other requirements to operators of non-resident payment systems concerning their operations in Ukraine.