New Law on Public Procurement Adopted

On 27 May 2026, the Verkhovna Rada of Ukraine adopted the new Law of Ukraine “On Public Procurement” (Draft Law No. 11520), which aims to adapt Ukrainian legislation to European Union standards. The introduced changes are primarily aimed at creating a modern, transparent, competitive, and effective…

Reform of the Employee Reservation Procedure

On 02 June 2026, Resolution of the Cabinet of Ministers of Ukraine No. 692 came into force, amending the procedure for the reservation of military-liable employees and the criteria for designating enterprises, institutions, and organizations as critically important for the functioning of the economy and…

New Draft Law on Renewable Energy

On 29 April 2026, the Verkhovna Rada of Ukraine adopted Draft Law No. 14271 in principle, which aims to reform the renewable energy sector in line with European standards and to simplify conditions for investors and local communities. In particular, the Draft Law provides for…

Easing of Certain Currency Restrictions

On 25 April 2026, Resolution No. 43 of the Board of the National Bank of Ukraine (NBU) came into force, amending Resolution dated 24.02.2022 No. 18 “On the operation of the banking system during the period of martial law”. In particular, the Resolution provides for…

New Rules for Foreign Currency Payments of the standard ISO 20022

On 28 April 2026, adopted Resolution No. 41 of the Board of the National Bank of Ukraine came into force, amending the Regulations on the Procedure for Payment Service Providers to Execute Payment Instructions in Foreign Currency and Precious Metals. In particular, the document introduces…

Expansion of the Competence of International Commercial Arbitration

On 21 May 2026, Law No. 4856-IX on the expansion of the jurisdiction of international arbitration came into force, introducing significant amendments to the Law of Ukraine “On International Commercial Arbitration.” The primary objective of this Law is to enhance the state’s investment attractiveness and…