The NBU has revised the Instruction On the Procedure for Opening and Closing Bank Accounts and Correspondent Bank Accounts - Residents and Non-residents. With the perspective of a gradual transition to the free floating of the capital, the NBU granted non-resident legal entities, including investment funds and the asset management companies which act in the name of such funds, the right to open accounts in the Ukrainian financial institutions. The simplified procedure for opening the bank accounts would have a positive impact on the business activities in Ukraine. Learn more about the amendments adopted by the NBU and be up to speed on the current situation with the Moore team.