Mission – increase of financial culture in society and all-around assistance of establishment the financial stability of Ukraine.
Goal is preparation of a quality legal basis for ensuring proper work of the Financial Stability Board, more specifically – adoption of Law on the Financial Stability Board, which are involved in the financial sector, to build a concerted financial strategy of Ukraine.
Our task is to consolidate and synchronize activities of state authorities, which have competence over the financial sector, with the purpose of developing a single financial strategy of Ukraine.
Today, same as in 2014, financial stability of Ukraine is necessary for economic stabilization and growth. It is necessary to create a model of management of financial stability on the basis of micro and macroprudential mechanisms. Such model will allow to analyze, forecast and be ready for internal and external financial crises, which, in its turn, will help to create stimuli and conditions for development of all sectors of the economy and, as a result, will regain people’s and investors’ trust.
Many countries globally have acknowledged that ensuring financial stability is a function of the state, consequently each of them created own model. For instance, the one fourth of central banks of the world declared maintenance of financial stability as their goal. Back in 2009 G20 founded the Financial Stability Board (FSB). Starting from 2009, IMF recommends governments to reduce macrofinancial risks by means of monetary policy instruments, improvement of the system of financial stability analysis and macroprudential supervision.
