Categories: economy

NBU wants to allow individuals investing abroad

NBU intends to allow individuals to conduct limited investments outside Ukraine.

The national Bank of Ukraine (NBU) intends to allow individuals to exercise within a certain limit investments outside Ukraine, including trading in financial instruments on foreign stock exchanges and conduct other operations.

This was reported the Deputy head of the Central Bank Oleg Churiy.

“We have a project of de-bureaucratization of the process of issuing licenses to individuals. We plan in the future to set some sort of maximum amount natural person will be able to invest abroad. This requires an automated system that needs to track compliance with limits. But it should not deal with the Central Bank, it will be given to the commercial banks,” he said.

Cure does not exclude that the issue could be before the adoption of the relevant draft legislation On the currency, the publication of which is scheduled in the second quarter of this year.

“I believe that all these measures we will make, perhaps even before the adoption of the law On the currency,” he said.

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