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nid 93443
Jun 23, 2026
arahman@vixio.com
Ukraine
National Bank of Ukraine (NBU)
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1773 charsUkraine's National Bank Applies Enforcement Measures Against Ukrainian Post Joint Stock Company
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".
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3321 charsNational Bank of Ukraine Issues UAH25.449m Fine to Ukrposhta for Consumer Protection Failures
On June 23, 2026, the National Bank of Ukraine (NBU) applied enforcement measures against 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.
A penalty in the form of a fine of UAH25.449m (approximately €498,000) for violation of the following requirements:
Law of Ukraine “On Payment Services”.
Instructions on the procedure for organising cash operations by banks and conducting payment transactions by payment service providers in Ukraine, approved by Resolution of the Board of the National Bank of Ukraine dated September 25, 2018 No. 103 (as amended).
Rules for the storage, protection, use and disclosure of the secret of the payment service provider, approved by the resolution of the Board of the National Bank of Ukraine dated July 14, 2022 No. 147 (as amended).
Regulations on the procedure for issuing and acquiring payment instruments , approved by Resolution of the Board of the National Bank of Ukraine dated July 29, 2022 No. 164 (as amended).
A disciplinary measure in the form of a written warning was applied for violation of the following requirements:
Law of Ukraine “On Payment Services”, Resolution of the Board of the National Bank of Ukraine dated 13.06.2025 No. 64 “On Some Issues of Determining the Regulatory Capital of Non-Bank Payment Service Providers”.
Regulations on requirements for regulatory capital of non-bank payment service providers, approved by Resolution of the Board of the National Bank of Ukraine dated June 13, 2025 No. 64.
Rules for organising statistical reporting submitted to the National Bank of Ukraine in a special period, approved by Resolution of the Board of the National Bank of Ukraine No. 140 dated December 18, 2018 (as amended).
Rules for the organisation of statistical reporting submitted to the National Bank of Ukraine, approved by Resolution of the Board of the National Bank of Ukraine dated November 13, 2018 No. 120 (as amended).
Regulations on establishing prudential standards that are mandatory for non-bank payment service providers to comply with and determining the methodology for their calculation, approved by the Resolution of the Board of the National Bank of Ukraine dated August 25, 2022 No. 190 (as amended), in the version effective on the date of the violation (expired on June 18, 2025).
Regulations on the authorisation of financial service providers and the conditions for their activities in the provision of financial services, approved by the resolution of the Board of the National Bank of Ukraine dated December 29, 2023 No. 199 (as amended).
Regulations on the procedure for authorising the activities of providers of financial payment services and limited payment services, approved by the Resolution of the National Bank of Ukraine dated October 7, 2022 No. 217 (as amended).
Regulations on requirements for the management system of a provider of financial payment services, approved by Resolution of the Board of the National Bank of Ukraine dated October 10, 2024 No. 123 (as amended).
Ukrposhta is obliged to eliminate the violations identified by September 30, 2026.