Procedure approved
The procedure is set out in the National Bank’s Resolution of 04.06.2013 № 194, registered with the Ministry of Justice 26.06.2013, effective upon publication.
According to Resolution, original copies said documents are seized based on the decision of the investigator or the court for temporary access to property and documents in the manner prescribed by the Criminal Procedure Code of Ukraine. The Bank is obliged to provide temporary access to its primary documents, accounting records and statements referred to in execution. In this case a bank representative must read the decision and get a copy of the decision, a description of the documents and a copy of the protocol on the seizure of documents.
Similar procedure applies to seizure of documents during a search, where authorized persons also must provide appropriate permission for the search and inspection of the property.
According to the Resolution, in case of loss or destruction of primary documents the bank manager notifies the person conducting the seizure in writing, and appoints a commission to investigate. The same resolution introduced the relevant amendments to the rules of keeping and protecting, use and disclosure of bank secrecy.
