Ukraine releases banking group identification regulation

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The National Bank of Ukraine (NBU) on May 17 released a translated excerpt from a new regulation introduced in the country in April, which sets out the procedure for the identification and designation of banking groups in the country.

The new rule represents a step towards bringing the NBU regulations in line with European Union regulations and the principles adopted by the Basel Committee on Banking Supervision, the central bank said.

"The identification and designation of banking groups are

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