Development Co-operation Project No 313/2017 “Strengthening the institutional and operational capacities of the National Bank of Ukraine”

modification date 16 January 2018

The Project was implemented by the KNF - Polish Financial Supervision Authority to the benefit of the National Bank of Ukraine – NBU.

Implementing Authority (Donor): The KNF - Polish Financial Supervision Authority.

Beneficiary:

•    Final Beneficiary:The National Bank of Ukraine (NBU)


The Project implementation period: May – December 2017 (implementation of expert missions: August – November 2017).

All the goals and results of the Project were successfully achieved.

The overall aim of the Project


To improve the competence and operational capacity of the Ukrainian banking sector supervisor and to support the multidimensional institutional development of the National Bank of Ukraine.

Additionally, the activities undertaken within the Project aimed to contribute to the Ukrainian and the EU approximation which is in line with the Polish Foreign Policy Priorities for 2016-2020 regarding the Polish support for the accession aspirations and assistance in political and economic transformation.


Project objectives and results

To improve the competences of approximately 251 employees of the National Bank of Ukraine in a series of 6 training and consultation workshops conducted by the KNF experts in Kiev and one study visit in Warsaw in the Polish supervisory Authority.

The Project was an expert support of the Polish supervisor for Ukraine and met the current needs of the banking sector in Ukraine within bilaterally specified training needs research conducted in collaboration with the Ukrainian supervisor.


The scope of the Project

The Project covered preparation and implementation of 6 training and consultation missions in Kiev and 1 study visit in Warsaw within the area of banking sector supervision i.e.: implementation of the BCBS Core Principles in regard to inspection process procedures, Pillar II and Pillar III of the Banking Union (BRRD and DGSD), liquidity risk in banks, evaluation of qualifications of the members of authorities and people who exercise key functions in a bank, identification and supervision of so called ,,weak" banks and rehabilitation programme, supervisory review and evaluation (SREP). All the project activities were successfully completed between August and November 2017.

Financial resources of the Development Co-operation Project No 313/2017:

The Project was financed by the Polish development cooperation programme 2017 of the Ministry of Foreign Affairs of the Republic of Poland.
Project total value: PLN 200 000,00. 


PROJECT MATERIALS

The publication expresses exclusively the views of the author and cannot be identified with the official stance of the Ministry of Foreign Affairs of the Republic of Poland.

In regard to all Project materials, displayed on this website of the Development Co-operation Project 313/2017, all copyrights are reserved for the KNF - Polish Financial Supervision Authority.
Any dissemination, copying, duplication, multiplexing, recording, public using, displaying, reproducing, lending, modification of the materials, in whole or in part, is forbidden.

The content of the Project materials and publications has been developed by the employees of the KNF.

The Project materials can be used by the employees of the National Bank of Ukraine and other entitled public administration bodies of Ukraine solely in line with the aim and assumptions of the Development Co-operation Project No 313/2017 “Strengthening the institutional and operational capacities of the National Bank of Ukraine.”

No
Activity
Implementation period
1.
Implementation of the BCBS Core Principles in regard to inspection process procedures.
15-17 August 2017
2.
Pillar II and Pillar III of the Banking Union (BRRD and DGSD).
26-28 September 2017
3.
Liquidity risk in banks.
30-31 October 2017
4.
Evaluation of qualifications of the members of authorities and people who exercise key functions in a bank. The EU regulations and their implementation in Poland.
19-21 September 2017
5.
Organization and objectives of the Polish banking supervision. Identification and supervision of so called ,,weak" banks. Rehabilitation programme.
6-8 November 2017
6.
Supervisory review and evaluation (SREP) - the Polish experience.
28-30 November 2017
7.
Study visit of the NBU representatives in the KNF in regard to inspections and licensing process.
21-22 November 2017

POLISH DEVELOPMENT COOPERATION PROGRAMME

Information displayed below comes from resources of the Polish aid website of the Polish Ministry of Foreign Affairs: www.polishaid.gov.pl

Development cooperation denotes a concerted effort taken in partnership by developed and developing countries, international organizations and non-state institutions (including NGOs and businesses) to level out global development differences by raising living standards in less developed countries. Development cooperation aims to reduce and eradicate poverty around the world.

The primary objective of Poland's development cooperation is to create conditions for sustainable development of developing countries. This aim is pursued in particular by promoting and consolidating democracy and respect for human rights, helping create modern and efficient state institutions, promoting their sustainable social and economic development1, undertaking actions which contribute to reducing poverty and improving the health condition of the population, as well as raising the level of education and professional qualifications of the population.

A distinctive characteristic of Poland’s approach to development is a deep conviction, stemming from the period of social and economic transformation, that development and creating a prosperous society are impossible without democratizing public life. Consequently, Poland’s development cooperation focuses, among others, on two priority areas of support: democracy and human rights, and good governance meaning in particular: regional development, enhancing the competences and capacities of public administration; reinforcing the rule of law and combating corruption; reinforcing the rule of law and combating corruption; access to reliable and objective information;

The Polish development cooperation is implemented on the basis of the Multiannual Development Cooperation Programme and developed annually Development Cooperation Plans for particular year*

As a result of the application process and in line with the decision of the Polish Ministry of Foreign Affairs, the financing was awarded to the proposal, submitted by the KNF, i.e. Development Co-operation Project  No 313/2017  “Strengthening the institutional and operational capacities of the National Bank of Ukraine” within the Development cooperation plan for 2017.

* Detailed information on Poland's Development Co-operation Programme and associated programme documents is available on: www.polishaid.gov.pl


CONTACT

Polish Financial Supervision Authority
Plac Powstańców Warszawy 1
00-030 Warsaw, Poland

Ms. Joanna Lipowczan
Project Manager
Head of the Technical Assistance Unit
Analyses and International Cooperation Department
tel. (+48) 022 262 51 50
e-mail: joanna.lipowczan@knf.gov.pl
fax (+48) 022 262 48 62
www.knf.gov.pl


USEFUL LINKS
1.    National Bank of Ukraine (NBU) http://www.bank.gov.ua/
2.    KNF - Polish Financial Supervision Authority https://www.knf.gov.pl/en/
3.    Polish Aid portal of Ministry of Foreign Affairs of the Republic of Poland https://www.polishaid.gov.pl/