Purpose. Strengthening Ukraine's financial sector as a driver of economic growth by implementing reforms for enhancing financial stability, promoting sustainable development of the banking sector, and diversifying the financial system.
Components:
- digital financial services
- CBDC.
Products implemented for the NBU and key events:
Implementation of the Integrated Supervision Platform (ISP) area:
- a number of seminars on the introduction of the ISP were held with the expert support of the ECB, the central banks of England, Moldova
- expert advice on preparing the concept / White Paper on the ISP / Regtech has been provided
- a "Roadmap for implementing ISP supervisory solutions" has been developed
- expert advice was provided on individual issues to prepare the terms of reference for the development of the ISP for conducting a tender for the purchase of services for the development of the ISP.
Faster Payment System (FPS) area:
- the draft FРS concept was created
- user experience requirements in instant payments discussed
- expert advice has been provided on the rules for creating and using a QR code for making credit transfers.
Payment Systems area:
- expert advice was provided on assessing compliance with the SEPA accession criteria
- expert advice was received on the modernization of the NBU’s BankID System regarding the development of digital signature forms
- expert advice was provided on identifying mechanisms for managing, minimizing, and eliminating the effects of general commercial risk on the central bank’s payment system.
CBDC area:
- assistance was received in implementing the E-Hryvnia pilot project
- expert advice was provided on the provision of a technology platform/technology for the pilot project, an overall assessment of the pilot project results and joint conclusions.