On 18 and 19 December 2024, representatives of the Polish Financial Supervision Authority and the National Bank of Ukraine (NBU) met in Kiev in order to exchange experiences in the field of operational resilience of financial sectors in Poland and Ukraine, including the resilience of institutions responsible for financial sector supervision.

The meeting was attended by the following representatives of the NBU, Ukraine’s central bank and supervision authority for the banking sector and for the non-banking financial services sector: Andriy Pyshnyy (Governor of the NBU), Dmytro Oliinyk and Oleksii Shaban (Deputy Governors of the NBU), as well as Director of the Payment Systems and Innovations Department, Director of the Financial Stability Department, Head of the Office for Critical Infrastructure Protection, and Director of the International Cooperation Department.

The UKNF was represented by Jacek Jastrzębski (Chair of the KNF), Marcin Mikołajczyk (Deputy Chair of the KNF responsible for the banking sector), Krzysztof Dąbrowski (Managing Director of the Security Division of the UKNF), and Damian Jaworski (Director of the International Cooperation Department of the UKNF).

The representatives of the NBU shared their experiences in ensuring stability and continuity of the national financial system in a war situation. The discussion focused on anti-crisis measures to support the resilience and effectiveness of the financial system and to ensure the continuity of financial supervision. The talks also addressed practical actions and challenges related with the need to maintain critical processes, ensure physical security, cybersecurity, ICT and operational security and to maintain communication with financial sector entities, including in regard to reporting obligations.

It was another meeting of both institutions as part of the close collaboration between the UKNF and the NBU aimed at exchanging experiences in the field of operational resilience of financial sectors in Poland and Ukraine.