KIEV, Aug. 12 – The National Bank of Ukraine is to introduce a more sophisticated transaction confirmation system (TCS) at the interbank currency market, according to an NBU resolution.

The NBU issued resolution No.153 on the new system, dated June 2, whose text Interfax-Ukraine has received. The resolution was registered at the Ukrainian Justice Ministry on August 5 as No.722/15413. It will come into effect 90 days after registration (on November 4, 2008).