The transition period will consist of two parts
The National Bank of Ukraine (NBU) explained, when it begins to operate the law on foreign currency, at
Information published by the press service of the NBU. “The law shall enter into force on the day following the day of its publication, and shall be enforced after seven months transition period from the date of its entry into force”, – stated in the message NBU.
It is noted that the transition period will consist of two parts:
Part 1: six months. At this time, will continue refinement of the regulatory legal acts of the NBU in accordance with the law. After this, the NBU will publish new regulatory instruments to advance public inspection.
Part 2: 30 days. How much time will be business, banks, the public, other authorities on the introduction of new norms of normative-legal acts of the NBU. Only after this law, and with it new normative-legal acts of the NBU, will be introduced.
We will remind, on June 21, Parliament supported the second reading of bill No. 8152 “currency” for establishing the foreign exchange regime, which provides free foreign exchange operations of their entities.