Rada adopted a law on the formation of independent supervisory boards in state-owned banks

Open source

The Verkhovna Rada of Ukraine adopted as a basis and as a whole the draft law providing for the improvement of corporate governance in state banks.

Some 263 MPs with a required minimum of 226 votes backed the relevant decision regarding the bill on amending certain legislative acts of Ukraine on improving the functioning of the financial sector in Ukraine (No. 8331).

«The committee finalized the bill. First of all, in terms of balancing the parts of the parliament and the president – an equal amount is set both in the competitive commission and the supervisory board,» – said the first Deputy Chairman of the Committee for Financial Policy and Banking Mykhailo Dovbenko.

Mr Dovbenko also said that the law would help improve the financial sector in Ukraine. In addition, the law will improve the corporate governance of state-owned banks and create independent supervisory.

As «The Journalist» reported, Poroshenko has signed law on disciplinary regulations of National Police.