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Ukraine: NBU releases Financial Sector Development Strategy until 2025

The National Bank of Ukraine ('NBU') announced, on 16 January 2020, its Financial Sector Development Strategy until 2025 ('the Financial Strategy'). In particular, the Financial Strategy highlights, among other things, that the NBU aims to implement the requirements of the General Data Protection Regulation (Regulation (EU) 2016/679) ('GDPR') as well as the Payment Services Directive (Directive (EU) 2015/2366) ('PSD2') into the Ukrainian financial sector.  

You can read the Financial Strategy, only available in Ukrainian here.

 

 

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