UkrSwift Board Approves National Voting Procedure for Swift Standards Changes

On 5 November 2026, the UkrSwift Board approved the procedure for conducting national consultations and voting on proposed changes to Swift standards in Ukraine.

The procedure establishes a standing framework for gathering input from UkrSwift members, including banks and banking software developers, and forming a consolidated national position.

Each participating institution appoints a coordinator to organise an internal assessment of proposed changes, including their applicability, operational and technical impact, and implementation resources. Institutions submit a consolidated electronic ballot, with reasons required for votes against a proposal.

The procedure follows the principle of one institution, one vote per proposed change. A simple majority of valid Yes and No votes determines the consolidated position. Abstentions are recorded separately, while the actual voting distribution and substantive minority concerns are documented.

UkrSwift coordinates the consultation, verifies and consolidates the ballots, and arranges submission of the results on behalf of the Chairperson of the Swift User Group in Ukraine, in accordance with Swift’s requirements and deadlines.

The Board also tasked the UkrSwift Executive Directorate with organising the national vote on Standards Release 2027 (SR2027). The procedure will apply to subsequent standards release cycles, with a separate consultation timetable established for each cycle.