KIEV, May 25 – The National Bank of Ukraine has approved new requirements on disclosure of the structure of banks' owners, which foresee the disclosure of information on each individual involved.

The requirements are stipulated in NBU resolution No. 328 that took effect on May 23.

"The structure of banks' owners is considered transparent if it allows for defining all holders of large stakes in banks; all key players in the banks and all key participants of all legal entities in the chain of ownership of corroborate rights of banks; and the character of liaisons between the entities," the NBU said on its website.