The National Bank of Ukraine adopted changes to the Regulation on prudential requirements for financial companies, which are aimed at increasing the stability of such institutions.
According to the document, for the calculation of equity capital adequacy of financial companies, clarifications are introduced regarding the exclusion from the capital of components that are unable to cover losses due to their non-monetary nature.
These components include:
- revaluation of assets (except for government securities), which is taken into account in the composition of capital under the item revaluations;
- long-term financial investments, reflected by the method of participation in the capital of other enterprises;
- reserve capital, which was not formed at the expense of profit or income;
- additional capital created due to non-current assets received free of charge or other non-monetary sources, with the exception of contributions of financial company participants in monetary form and exchange rate differences arising as a result of foreign currency contributions to the authorized capital.
At the same time, the requirement for the amount of equity capital remains unchanged – from UAH 10 to 50 million, depending on the volume and types of financial services provided by the company. In addition, the gradual reduction (amortization) of subordinated debt, which is taken into account in equity, is provided for, as well as the indicators in the formula for calculating the leverage ratio have been clarified.
The changes are fixed by the resolution of the Board of the National Bank No. 100 and will enter into force on January 1, 2026.
