On the one hand, the NBU eases some restrictions, and on the other hand, it takes measures to counter unproductive capital outflows from Ukraine.
The National Bank of Ukraine will introduce changes to existing currency restrictions from September 10. The NBU press service reported this on Monday, September 9.
It is noted that, on the one hand, the NBU eases some restrictions, and on the other hand, it takes measures to counter the unproductive outflow of capital from Ukraine.
Areas that may change include:
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buying and transferring foreign currency to cover carbon dioxide emissions.
State-owned enterprises can buy money and transfer it to non-residents to buy credits to cover or offset carbon dioxide (CO₂) emissions associated with aviation activities;
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payments for operations provided for reinsurance agreements concluded with foreign nuclear insurance pools.
The changes provide the opportunity to make all necessary payments provided for reinsurance agreements concluded with foreign nuclear insurance pools (in addition to reinsurance premiums or payments currently permitted);
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purchase and transfer of foreign currency by resident legal entities that are e-commerce entities for the payment of VAT in the EU.
The condition for carrying out these operations is that the e-commerce entity must be registered as a taxpayer in the EU;
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payment of paid coupon payments on Eurobonds.
In addition to the existing opportunities already introduced, the NBU will allow businesses to return coupon payments on Eurobonds paid from February 24, 2022 to July 9, 2024 (inclusive). Such transfers are permitted only at the expense of the enterprise’s own money (not purchased or raised in the form of a loan or loan from a resident).
We remind you that in August the National Bank introduced a limit on transfers from card to card. So, the regulator has declared war on “drops”.
Also, the National Bank of Ukraine limits the use of cards from Ukrainian banks abroad.
Source: korrespondent
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