On January 1, 2020, Law No. 2697 – VIII “On the Basic Principles (Strategy) of the State Environmental Policy of Ukraine for the Period up to the year 2030” comes into force. Accordingly, the year 2010 Law on Environmental Policy up to the year 2020…
The President proposed to postpone the introduction of a new model of the electricity market until July 1, 2020. The Verkhovna Rada registered the corresponding bill number 10376 on June 26. In order to properly prepare for the introduction of a new electricity market, it…
In order to assist banks and their clients on this issue, the National Bank drafted a memorandum available on the website of the Regulator (Ukrainian version only). The regulator reports that bank clients: will be able to receive the information on the current account switch…
As part of currency liberalization, the National Bank has simplified currency oversight of compliance with the deadlines for payments for the export of works, services and intellectual property rights, as well as a number of export and import operations of goods that are important, in…
Within the limits of currency liberalization, the National Bank raised the limit on repatriation of dividends from 7 to 12 million euros per month. This relaxation will not be critical for maintaining macro-financial stability, at the same time it will help to improve the investment…
In order to liberalize the implementation of certain foreign exchange operations, the National Bank cancels the requirement for the mandatory sale of foreign exchange earnings. The norm obliging entrepreneurs to sell 30% of foreign exchange earnings in the interbank foreign exchange market ceased to operate…
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