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Review of Ukrainian legislation for 27/11/2024

Regarding Population Support Programs:

Amendments have been made to the “Made in Ukraine” program, and a new “Winter Support” program has been introduced. JSC “Industrial Development Agency” has been appointed as the project agent. A one-time “Winter Support” assistance of 1,000 UAH has been established, which can be received through Diia or banks. Parents can receive assistance for each child, and pensioners and persons with disabilities can receive it through Ukrposhta.

Regarding the Protection of Sports Federations’ Rights:

The issue of financing the protection of Ukrainian sports federations’ rights in international sports organizations, including the Court of Arbitration for Sport, has been regulated. Payment for foreign legal advisors’ services and court expenses is now allowed. The Chess Federation of Ukraine has been included in the list of organizations receiving state funding.

Regarding Compensation for Damages Caused by Russian Aggression:

A new procedure for submitting claims for compensation through the Diia portal to the international Damage Registry has been approved. Four categories of damages have been defined: damage/destruction of housing, forced displacement, death of a close family member, and disappearance of a close family member. Applications are submitted with an electronic signature and automatically verified through state registries.

Regarding Banking Regulation:

Review of each of legal acts published today:

On the Accounting Price of Banking Metals

This is a daily notification from the National Bank of Ukraine establishing accounting prices for banking metals (gold, silver, platinum, and palladium) as of 26.11.2024. The document sets accounting prices per troy ounce for each of the four banking metals: gold – 111,105.03 UAH, silver – 1,274.55 UAH, platinum – 39,524.23 UAH, palladium – 41,420.05 UAH. It is important to note that these prices are reference and do not create obligations for the NBU to buy or sell banking metals at the specified prices. Such quotations are used by banks and financial institutions for accounting and valuation of banking metals.

On the Official Exchange Rate of Hryvnia to Foreign Currencies

This is a daily notification from the National Bank of Ukraine establishing the official exchange rate of hryvnia to 35 foreign currencies as of 26.11.2024. The document contains a table with currency rates, where for each currency its digital and literal code, number of units, full name, and official rate relative to hryvnia are indicated. Among the main currencies: US dollar – 41.4387 UAH, euro – 43.4733 UAH, pound sterling – 52.0967 UAH. Key provisions:
– rates are used for accounting purposes
– applied for NBU operations with the State Treasury Service of Ukraine
– NBU does not undertake obligations to buy or sell currencies at the specified rates

On the Application and Cancellation of Personal Special Economic and Other Restrictive Measures (Sanctions)

This National Security and Defense Council decision concerns the application of personal sanctions to individuals based on the proposal of the Security Service of Ukraine. Simultaneously, some previously imposed sanctions against certain individuals are being cancelled. The document consists of 6 points and 2 annexes. The first two points establish new sanctions, points 3-4 cancel previously imposed restrictions for some persons, points 5-6 define the mechanism for implementing the decision. Key provisions:
– New sanctions are applied to two groups of individuals (list in annexes)
– Sanctions are cancelled for persons in positions 5 and 10 from the decision of 26.02.2021 and position 10 from the decision of 19.03.2021
– The Cabinet of Ministers and SBU, together with the NBU, ensure monitoring of sanctions effectiveness
– The Ministry of Foreign Affairs shall inform the EU, USA, and other states to introduce similar measures

On the Application of Personal Special Economic and Other Restrictive Measures (Sanctions)

This National Security and Defense Council decision concerns the application of personal sanctions to individuals and legal entities based on the proposal of the Security Service of Ukraine. The decision was put into effect by a Decree of the President of Ukraine. Structurally, the document consists of 4 points and 2 annexes containing lists of individuals and legal entities to whom sanctions are applied.Key Provisions of the Decision:

• Approved sanction lists of individuals and legal entities

• The Cabinet of Ministers, together with the Security Service of Ukraine (SBU) and the National Bank of Ukraine (NBU), are responsible for implementing and monitoring the effectiveness of sanctions

• The Ministry of Foreign Affairs must inform the EU, USA, and other states about the application of sanctions and initiate the introduction of similar restrictive measures on their part

Regarding the Decrees and Resolution:

1. Decrees on NSDC Decisions (Nos. 779/2024 and 778/2024):
– Implement NSDC decisions from 22.11.2024 on applying personal sanctions against specific individuals/organizations
– Formally introduce sanction decisions
– Control of implementation is assigned to the NSDC Secretary
– Specific sanction lists are contained in annexes to the decrees

2. Resolution on Changes to Government Program (No. 1330-2024-p):
– Modifies the “Made in Ukraine” program
– Introduces new “Winter Support” program
– Key provisions of “Winter Support”:
* Assistance of 1000 UAH for persons 18 and older
* Parents can receive assistance for each child
* Pensioners and persons with disabilities receive support via Ukrposhta
* Funds can be used for Ukrainian-made goods until 31.12.2025Resolution on Some Issues of Regulating Relations Related to Protecting Rights and Interests of National Sports Federations of Ukraine

The resolution regulates issues of protecting rights of Ukrainian sports federations in international sports organizations, particularly in the Sports Arbitration Court, regarding disputes with Russian and Belarusian sports organizations. The document will be effective during martial law and 6 months after its termination. Structurally, the resolution amends three regulatory acts: the Procedure for Using Budget Funds for Sports Development, the Regulation on the Ministry of Youth and Sports, and the list of sports organizations financed from the state budget. The main changes concern the possibility of financing expenses for protecting interests of Ukrainian sports federations in international sports bodies.

Key innovations:
– Ability to pay for services of foreign jurisdictional bodies and legal advisors;
– Defining a mechanism for providing financial support to federations based on their applications and supporting documents;
– Expanding powers of the Ministry of Youth and Sports to protect rights of sports federations;
– Including the Chess Federation of Ukraine in the list of organizations receiving state funding.

Resolution on Amending the Procedure for Submitting Applications for Compensation of Damages, Losses, or Harm Caused by the Russian Federation’s Aggression against Ukraine to the Damage Registry via the Unified State Web Portal of Electronic Services

The resolution defines the mechanism for submitting damage compensation applications through the Diia portal to the international Damage Registry caused by the Russian Federation’s aggression against Ukraine. This is an updated version of the procedure approved in March 2024. Structurally, the document consists of general provisions and four main sections regulating application submission by categories: damage/destruction of housing, forced displacement, death of a close family member, disappearance of a close family member.

Key provisions:
– Applicant can only be a Ukrainian citizen with full civil capacity
– Applications are submitted through the Diia Portal with electronic signature
– A separate application is submitted for each category of damages
– Information is automatically verified through state registries
– A detailed list of required data and documents for each damage category is established
– Possibility of submitting applications on behalf of minor children is provided

Resolution on Amending Some Resolutions of the Cabinet of Ministers of Ukraine on Allocating Funds from the State Budget Reserve Fund

The resolution amends several previous resolutions of the Cabinet of Ministers of Ukraine regarding allocation of funds from the state budget reserve fund, clarifying the amounts of allocated funds. The document has a simple structure and consists of 4 [sections/points – text is cut off]

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