What Changed
On August 27, 2025, the NBU adopted Resolution No. 102, approving the Regulations on the Criteria for Determining the Significance of Financial Companies.
The document establishes a uniform system for classifying companies whose activities have a material impact on the financial sector.
Key Criteria for Significance
A financial company will be recognized as significant if it meets at least one of the following criteria:
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Activity indicator ≥ 5 — calculated based on assets, off-balance sheet liabilities, and the scope of financial services provided.
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Market share ≥ 1% — assets and off-balance liabilities constitute at least 1% of all financial companies (excluding state-owned).
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Responsible for a financial group — if the company is the head of a medium or large financial group supervised by the NBU.
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High consumer risk — the company shows a “High” or “Very High” level of potential violations of consumer rights.
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Participation in state programs — if the company provides financial services under national or municipal programs to specific groups of clients (with special conditions).
Obligations of Significant Companies
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Must submit information and documents to the NBU upon request.
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Will be subject to enhanced regulation and supervision.
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Expected to play a systemic role in state financial initiatives.
Why It Matters
The introduction of clear criteria helps:
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Increase market transparency and regulatory predictability.
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Protect consumers, as companies with high risk levels will be closely monitored.
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Align Ukrainian standards with international financial supervision practices, supporting EU integration.
