TITLE: Ukraine's National Bank Applies Enforcement Measures Against Ukrainian Post Joint Stock Company
BODY:
On June 23, 2026, the National Bank of Ukraine (NBU) applied enforcement measures against Ukrainian Post Joint Stock Company (AT "UKRPOSHTA"), a payment service provider. The NBU's Oversight Committee for Banking Supervision and Payment Infrastructure Regulation adopted these measures on June 22, 2026, following a scheduled inspection conducted by the NBU's Inspection Department between November 2025 and January 2026.
The enforcement action comprises two components. First, the NBU imposed a fine of 2,544.9 thousand Ukrainian hryvnia (UAH) for violations of Ukraine's Payment Services Law and related regulations governing cash operations, payment instrument issuance and acquiring, payment service provider confidentiality requirements, and consumer protection requirements during payment service provision. Second, the NBU issued a written warning for violations of capital adequacy requirements for non-bank payment service providers, statistical reporting obligations, financial service provider authorization requirements, and governance system requirements.
The violations identified relate to multiple regulatory instruments, including the Payment Services Law, the NBU Board Resolution No. 103 of September 25, 2018 on cash operations procedures, NBU Board Resolution No. 147 of July 14, 2022 on confidentiality rules, NBU Board Resolution No. 164 of July 29, 2022 on payment instrument issuance and acquiring, and various other prudential and authorization regulations.
AT "UKRPOSHTA" must pay the fine within 14 calendar days of notification. The company must also remediate all identified violations and implement measures to prevent future non-compliance by September 30, 2026. Both enforcement decisions take effect upon notification to AT "UKRPOSHTA".