The National Bank of Ukraine has responded to the decision by the joint-stock company “Ukrposhta” to challenge the imposition of a fine in court. The regulator emphasized that the company’s corporate governance system does not comply with regulatory requirements and international standards, calling for the formation of a supervisory board.
The NBU’s statement was published on Facebook, according to Ukrinform.
Complaints regarding management
The National Bank believes that the absence of a supervisory board and the concentration of powers in the hands of the CEO, who performs some of the supervisory board’s functions, has caused systemic problems in Ukrposhta’s operations.
Systemic violations
The regulator noted that the violations at the company are systemic in nature. In March 2024, Ukrposhta was fined 17.38 million UAH for violations of financial monitoring. In August 2025, the company received a written warning due to ineffective risk management. In December 2025, the NBU issued another warning for violations of legislation in the payment sector.
- On March 16, 2026, the NBU committee decided to impose a fine of 255,000 UAH on Ukrposhta.
