Ukraine Open Banking

Ukrainian Payment Services Law

UpcomingOpen BankingEurope
🌍
Jurisdiction
Ukraine
📅
Effective Date
2024
Jan 1, 2024
Full Compliance
TBD
🏛️
Regulator
National Bank of Ukraine

Overview

Ukraine's Payment Services Law establishes a regulatory framework for Open Banking, making data sharing mandatory for banks. The framework follows PSD2 principles.

Scope & Coverage

AISPIS

Key Requirements

1
Mandatory data sharing for banks
2
NBU licensing for TPPs
3
PSD2-aligned requirements
4
Consumer protection

Implementation Timeline

Nov 1, 2020
Draft payment services law published
Jul 1, 2021
Ukrainian Parliament passed the law

Official Documents & Resources

Key Notes

Law passed in July 2021. Implementation ongoing amid geopolitical challenges.

Official Resources

Related Regulations

Other open banking frameworks in Europe:

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