The National Bank of Ukraine, in compliance with the requirements of the Electoral Code of Ukraine, which entered into force on January 1, 2020, has developed a procedure of opening and closing accounts of the electoral funds. This was reported by the regulator’s press service.
The Code unifies the legal framework for the preparation and conduct of the President, people’s deputies and local elections.
The NBU’s draft is oblige the banks to report to:
- the Central Election Commission (CEC) and the National Agency for the Prevention of Corruption (NAPC) about opening accounts of electoral funds of candidates for the post of president of Ukraine, the political party that nominated candidates for deputies of Ukraine in the national election district and their details;
- regional or territorial representation of the CEC and NAPC on the opening of the current account of the electoral fund of a candidate for People’s Deputies of Ukraine in the national election district and its details;
- territorial election commission on opening the accounts of the electoral funds of the organization of a political party that has put forward an electoral list of candidates, a candidate for deputy in a multi-member constituency, a candidate for the post of head of village administration, mayor of the city, and their details
The document has been adopted in December 2019; It provides for a proportional electoral system with open regional lists.
As The Journalist reported, NBU weakens official forex rate to UAH 24,64 to dollar for Nov 27.
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