Public Procurement: Violations And Appeals
Public Procurement: Violations And Appeals

Managing partner of SDM Partners Dmytro Syrota shared some practice regarding appealing against the results of public procurement specifically for the “Legal Practice” edition. Details via the link: http://bit.ly/2wtAp9y   

Improving Of The Consumer Protection Mechanisms
Improving Of The Consumer Protection Mechanisms

The lawyer of SDM Partners Yevhen Holomozyi commented on the issue of strengthening the responsibility for violating legislation in the field of consumer rights protection specifically for the “Legal Practice” edition. Details via the link: http://bit.ly/2YpE8AC  

The List of Construction Works with No Permission Required is Expanded
The List of Construction Works with No Permission Required is Expanded

The Cabinet of Ministers has expanded the list of construction works requiring no more permission to perform some type of works and prior subject of no acceptance for exploitation if missing. The relevant Government Decree No. 236 of March 20, 2019, has already entered into…

Foreign Companies Can Open Accounts in Ukrainian Banks
Foreign Companies Can Open Accounts in Ukrainian Banks

The National Bank has allowed non-resident legal entities to open accounts, including foreign investment funds and asset management companies, acting on behalf of such investment funds. The corresponding changes are stipulated by the Decree No. 56 of April 1, which, in a new edition, sets…

The National Bank lowered the discount rate to 17.5%
The National Bank lowered the discount rate to 17.5%

The Board of the National Bank decided to reduce the discount rate to 17.5% per annum from April 26, 2019. Now, the persistent tendency to slowing inflation targeting a 5% rate allows the National Bank to begin a process of decreasing the interest rate. The…