The National Bank of Ukraine has changed the dividend payment requirements
NBU has changed the rules for repatriating the dividends in foreign currency abroad. Now, the regulator allows depositors to pay dividends for 2013. Until this point, only the payments for 2014-2016 were allowed.
However, one legal entity is allowed to repatriate dividends up to $2 million. Similar payments for 2014-2016 remain unchanged — no more than $5 million per month. The NBU is confident that such a measure will not surge the demand for foreign currency in Ukraine since it is rarely bought directly for dividends.
The new requirements are spelt out in the resolution no. 112 published on the NBU website.
As we have already reported, the regulator adopted the resolution no. 110 last week, which changes the rules for entering the Register of Audit Companies.
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