The Council of the National Bank is responsible for the development of the Basic Principles of Monetary Policy, overseeing the implementation of monetary policy.
The Council of the National Bank at a meeting on October 2 reprimanded and expressed no confidence in first deputy NBU Governor Kateryna Rozhkova and Deputy Governor Dmytro Solohub.
That's according to a report published on the regulator's website.
The move to reprimand the two top managers is due to their " violation of NBU's regulatory acts, the NBU Employee Ethics Code, internal regulations for NBU staff, and breach of the Labor Code requirements."
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