The National Bank of Ukraine has opposed the initiative to open bank secrecy to tax authorities, stating that unlimited access to such information is inadmissible. According to the head of the National Bank Andriy Pishny, any unreasonable extension of access to banking information can jeopardize the fundamental rights of citizens and contradict the European standards of private property protection.
The National Bank emphasized the importance of keeping bank secrecy as a basis for trust in the banking system and noted that this question meets the EU standards for the protection of personal financial data, which is key for Ukraine's European integration. According to the magnificent, the principles of privacy and data protection are an integral part of the rule of law.
