The press service of the National Bank of Ukraine reported on the termination of issuing the references to the business entities for the declaration of currency values belonging to a resident of Ukraine and located outside it.
This decision was taken as a consequence of the next changes in the conditions of the foreign exchange market, introduced by the order of the Ministry of Finance No. 524 of May 24, 2017, and entered into force on July 21. According to the document, the availability of such a reference is no longer a compulsory requirement for foreign economic activity, including customs clearance of export-import goods and conducting banking operations with currency values. It is worth noting that in the list of documents required for the passage of the customs clearance, fixed in the art. 335 CCU, there is no above reference, that is, its absence could not be the reason for the refusal to register export-import cargo anyway. Consequently, in the modern conditions the procedure for obtaining this certificate was an additional bureaucratic formality, which abolition would substantially facilitate the life of business entities. Therefore, the NBU, with the assistance of the Ukrainian government, continues the trend of easing administrative restrictions on the foreign exchange market. At the same time, the requirement for the business entities to provide regional branches of the National Bank and local STI with the necessary information about their currency values, incomes and property abroad is still in force.