Settlement center

On 10 August 2021 the NBU revoked the banking license of PJSC «Rozrakhunkovyi Tsentr» on the basis of its submitted application.
Public Joint-Stock Company "Clearing Centre for Servicing Contracts on Financial Markets" (hereinafter – the Clearing Centre) was formed on the basis of Private Joint-Stock Company "All-Ukrainian Depository of Securities" (hereinafter – VDCSP).
On 25 December 2012 the shareholders of VDCP supported the National Bank of Ukraine's proposal to create a Settlement Center to service contracts on financial markets on the basis of VDCP.
From 1 July 2021 the Settlement Center was transformed into a non-bank financial institution. Prior to that the Settlement Center had the status of a bank and, to ensure compliance with the Law of Ukraine "On the Depository System of Ukraine", obtained a banking licence to provide banking services, a general currency licence in the manner determined by the NBU and a licence from the National Commission on Securities and the Stock Market to carry out professional activity on the securities market – clearing activities.
The NBU is a shareholder of PJSC «Rozrakhunkovyi Tsentr», which owns 83,549104% of PJSC «Rozrakhunkovyi Tsentr» shares.
The Clearing Centre's exclusive competence is to carry out cash settlements for transactions in securities and other financial instruments executed on and off the stock exchange where settlements are conducted on the "delivery versus payment" principle.
Sources: bank's site, Finance.ua, minfin.com.ua and others.