Category: Legal News

New procedures for electronic money payment transactions On 1 October 2022, NBU Resolution No. 210 adopted 28 September 2022 entered into force introducing new procedure for electronic money payment transactions. The Resolution establishes requirements for: procedure for issuing electronic money and payment transactions using them;the mode…

Social Indicators Update From 01 October 2022, certain important social indicators will change: a minimum monthly salary – 6 700 UAH,a minimum monthly insurance contribution (UIC) – 1 474 UAH,minimum living wage – 2 600 UAH, for the persons able to work – 2 684 UAH. The mentioned amendments…

The list of the areas subject to military actions updated On 20 September 2022, the List of the Territorial Communities Areas Located Subject to Military (Battle) Actions in the Area of Hostilities or being under Temporary Occupation, Encirclement (Blockade) was updated. 2023 Draft State Budget…

The Office of The President of Ukraine presented recommendations on international security guarantees for Ukraine, which should form the basis of a further international treaty – the Kyiv Security Compact. In particular, the mentioned recommendations drafted by the working group headed by Mr. Andrii Yermak,…

New Sanctions The President of Ukraine introduced new sanctions against a number of individuals connected to the aggressor-state by his Decree dated 07.09.2022 No. 637/2022. The NBU discount rate remains the same The Board of the National Bank of Ukraine decided to keep the discount rate…

The Government approved a draft law on simplifying permit procedures for acquiring the right to land and initiation of construction processes during the implementation of projects aimed at economic recovery. It will soon be remanded submitted to the Parliament for consideration. It is assumed thatThe…