1. General Fund Deposit Guarantee
1998, the President of Ukraine signed the Decree "On measures to protect the rights of individuals - Depositors of Commercial Banks", which was approved by the Regulations on the establishment of the Guarantee Fund of individuals, formation and use of resources. September 20, 2001 Parliament of Ukraine adopted the Law on the Guarantee Fund of individuals 'assets, which entered into force October 24, 2001. The Fund is a specialized state agency that performs functions of state administration in the Deposit Guarantee. The main objective of the Fund in Ukraine is to protect the rights and interests of individuals - depositors of banks, branches of foreign banks. Kerivnym Authority Governing Board of the Fund is that formed by delegating to its two representatives of the Cabinet of Ministers of Ukraine, two representatives of the National Bank of Ukraine and one representative association of banks. Fund deposits of citizens which are placed in participants (temporary participants) of the Fund in local and foreign currency, including interest at the rate of deposits, but no more than 150 000. on deposits in each bank, foreign bank branches on the day become unavailable. Contributions to a rate not compensated. Investors acquire the right to receive consideration for a guaranteed amount of deposits due to shortfalls in the Fund's monetary unit of Ukraine from the day the nedostupnosti 'assets. In Ukraine the participants of the Fund are banks, branches of foreign banks, which have a banking license for the right to exercise banking activities and certificate Fund participant. OJSC "State Savings Bank of Ukraine is not a member of the Fund. Participants should CERTIFICATE Fund participant In case of violation of the participant of the Law of Ukraine "On Guarantee Fund of individuals 'bank, foreign bank branch is transferred to the category of a temporary member of the Fund temporarily confirmed by Help the participant. Banks - Help tymchasovi members have a temporary member of the Fund The Fund does not reimburse the guaranteed amount for deposits of individuals in the bank, foreign bank branch transferred to the category of temporary member of the Fund, if these deposits were attracted him to give notice of his transfer to the category of a temporary member of the Fund. After transferring to the category of temporary participant bank, foreign bank branch must be warned in writing of individuals at the conclusion of agreements with them to attract new deposits, the fact that the Fund does not guarantee reimbursement for these deposits. Twice a year the Fund publishes in the official media registry participants (temporary participants) of the Fund. Information about changes in the roster publikuyetsya additionally within 14 calendar days after a change. br/>
. Tasks and supervisory functions guarantee fund individuals
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