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On Aug. 22, the NBU first indicated concern about the two companies by ruling that their business reputation was “unsatisfactory.” Prosto Pozyka and Time Credit had provided false information to the regulator, claiming their owners — Andriy and Natalia Manucharov — did not hold Russian citizenship or tax residency. On Sept. 5, NBU’s Committee for Supervision and Regulation of Non-Banking Financial Markets decided to void the licenses of Prosto Pozyka and Time Credit. In a statement, the NBU described the ruling as part of its ongoing efforts to address “the discovery of connections between the…

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