LIOU President took part in the meeting on the Integrated Program of financial sector development in Ukraine 2020

May 23 National commission on financial services markets regulation held a meeting to discuss the performance expected during the implementation of the Comprehensive Program of Ukraine’s financial sector development by 2020.

The meeting was chaired by Alexander Zaletov Member of National commission on financial services markets regulation and with participation of Olga Hurbich Member of National commission on financial services markets.

League of Insurance Organizations of Ukraine (LIOU) was presented at the meeting by  Alexander Filonyuk, president of LIOU who stated that comprehensive program of financial sector development in Ukraine until 2020 in the implementation of the points on the non-bank financial sector performed inefficiently.

Further processing, according to the President of LIOU, questions requiring harmonization taxation tools of the financial sector, providing institutional and financial independence of regulators, improving corporate governance among financial sector to bring legislation in line with EU directives and others.