REUTERS The Verkhovna Rada, Ukraine&#39;s parliament, has passed at second reading a bill on banking regulation. Some 270 MPs with the required minimum of 226 votes backed in the second reading the adoption of the bill on amendments to some legislative acts of Ukraine regarding the improvement of certain banking regulation mechanisms (2571-d), according to an UNIAN correspondent. According to the explanatory note to the bill, it provides for the inevitability of the process of withdrawing banks from the market, since the relevant decision of the National Bank cannot be canceled or suspended by a court judgment. At the same time, the law clearly defines the prerequisites and procedure for former owners to receive compensation if they prove in court that the NBU move was illegal. Read alsoUkraine, IMF discussing new assistance program to deal with COVID-19 impact As UNIAN reported earlier, on March 30, the Verkhovna Rada adopted at first reading a bill amending some legislative acts of Ukraine on improving certain banking regulation mechanisms (No. 2571-d). At the same time, legislators filed 16,335 amendments to the bill, thus setting a Ukrainian record. On April 30, the Rada endorsed a special procedure to streamline consideration of a massive number of amendments filed to the said bill.