Ukraine becomes member of Financial Stability Regional Consultative Group for Europe

Ukraine becomes member of Financial Stability Regional Consultative Group for Europe

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Ukrinform
Ukraine has joined the Financial Stability Board (FSB) Regional Consultative Group (RCG) for Europe, the press service of the National Bank of Ukraine (NBU) reports.

"At the initiative of the National Bank of Ukraine, Ukraine has joined the Financial Stability Board Regional Consultative Group for Europe. The international body approved the relevant decision at the plenary meeting of the Financial Stability Board on June 25, 2018," reads the report.

Head of the NBU’s department for European integration and international programs, Volodymyr Kuchyn, said that Ukraine’s membership in the Regional Consultative Group confirms the country’s regional vector of cooperation in line with the European integration aspirations.

The Financial Stability Board, established after the G20 London summit in April 2009, is an international body that monitors and makes recommendations about the global financial system. The FSB brings together national authorities responsible for financial stability in 24 countries, international financial institutions, international regulatory and supervisory bodies, and central bank committees.

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