Business news from Ukraine

NATIONAL BANK OF UKRAINE APPROVES REQUIREMENTS TO SUPPLIES OF E-TRUST SERVICES

The National Bank of Ukraine (NBU) has approved a resolution on qualified providers of electronic trust services placed on the trust list under a proposal of the certificate authority, the NBU has reported on its website. According to the report, this document was drawn up with the aim of improving the quality, convenience and speed of customer service by banks, as well as to ensure compliance of the processes of providing electronic trust services with European and international standards. The resolution establishes the conditions for obtaining the status of a qualified provider and determines the requirements for the rules of its work, the composition of employees of the qualified provider and their functional responsibilities, as well as the requirements for managing access to information resources of the qualified provider. In addition, the document defines the requirements for the physical environment used by the qualified provider in the process of providing qualified electronic trust services and for ensuring the continuity of services provided by the qualified provider, as well as for managing keys of the qualified provider and using cryptographic information protection tools.
The new internal regulations of the certification center in order to bring the conditions of its activities in line with the requirements of the law on electronic trust services are outlined in the document. The document defines a list of qualified electronic trust services, the provision of which is provided by a certification center; organizational structure of the certification center; the procedure for entering of information/changes about providers into the trust list; certificate policy for the provision of qualified electronic trust services by the certification center; position of certification practices during the provision of a certified electronic trust service by a certification center.
The National Bank also canceled irrelevant legal acts regulating the activities of the NBU certification center and bank key certification centers in accordance with the terms defined in the law on electronic digital signature. The changes are outlined in NBU No. 137 resolution dated November 21, 2019 on the recognition of certain legal acts of the National Bank of Ukraine as invalid.

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