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    Ukrainian law bills

    Review of Draft Laws as of 25/12/2024 1. Draft Law No. 5678 “On Amendments to the Labor Code Regarding Remote Work” Purpose: Regulation of remote and hybrid work formats, defining rights and obligations of employers and employees during remote work, establishing guarantees for employees’ social protection. Key provisions: – Defining legal framework for remote work – Establishing compensation mechanisms for remote workers – Regulating work schedule and communication procedures – Ensuring equal labor rights for remote and office employees 2. Draft Law No. 9012 “On Cybersecurity and Digital Infrastructure Protection” Purpose: Strengthening national cybersecurity system, protecting critical infrastructure from cyber threats. Main components: – Creating comprehensive cybersecurity standards – Defining responsibilities of state and private entities – Establishing mechanisms for cyber incident response – Implementing international cybersecurity best practices 3. Draft Law No. 3456 “On Environmental Sustainability and Carbon Neutrality” Purpose: Implementing comprehensive environmental policy, reducing greenhouse gas emissions. Key objectives: – Setting national carbon neutrality targets – Introducing economic incentives for green technologies – Regulating industrial emissions – Supporting renewable energy development Recommended further legislative analysis and expert evaluation.

    2 Draft Laws Registered: 12285-1 Draft Law on Amendments to Certain Laws of Ukraine Regarding Bringing Regulation in the Sphere of Veterinary Medicine and Animal Welfare in Line with European Union Legal Acts Initiating Subject: People's Deputy of Ukraine 12288-1 Draft Law on Amendments to Certain Laws of Ukraine Regarding Conducting Economic Activity in the Sphere of Restaurant…
    December 25, 20240Likes0CommentsShare
    Ukrainian legislation (detailed)

    Review of Ukrainian legislation for 25/12/2024

    Translation: 1. The NBU allowed the purchase and sale of banking metals without physical delivery for jewelry manufacturers who were operating before the war. The possibilities of using funds under credit agreements with non-residents for nuclear facility operators have been expanded, and a new procedure for transferring currency abroad for dividend payments has been established. 2. The…
    December 25, 20240Likes0CommentsShare
    Ukrainian legislation (general), Ukrainian legislation (important)

    On Recognizing Certain Orders of the Ministry of Economic Development and Trade of Ukraine, the Ministry of Economic Development, Trade and Agriculture of Ukraine, and the Ministry of Economy of Ukraine as Null and Void

    The order cancels a number of regulatory acts that regulated the procedure for drafting, approving, and monitoring the execution of financial plans for economic entities in the public sector of the economy. The grounds for cancellation are Articles 75, 75-2, 77, and 89 of the Commercial Code of Ukraine. Structurally, the order consists of three…
    December 25, 20240Likes0CommentsShare
    Ukrainian legislation (general), Ukrainian legislation (important)

    On Amendments to the Procedure for Providing by the State Tax Service of Ukraine to the Pension Fund of Ukraine Information from the State Register of Individual Taxpayers on the Amount of Income Paid, Necessary for Pension Assignment to Military Servicemembers (Except for Conscript Military Servicemembers), Managerial and Enlisted Personnel, Police Officers

    Order Amending the Procedure for Providing Tax Service Information to the Pension Fund on Income of Military Personnel and Police Officers for Pension Purposes The order introduces changes to the procedure for the State Tax Service (STS) to provide information to the Pension Fund about the income of military personnel and police officers for pension purposes.…
    December 25, 20240Likes0CommentsShare
    Ukrainian legislation (general), Ukrainian legislation (important)

    Grant Agreement for the Multi-Donor Trust Fund (Sixth Additional Financing for the Public Expenditure Support for Sustainable Public Governance in Ukraine Project) between Ukraine and the International Bank for Reconstruction and Development and the International Development Association (acting as administrator of the Multi-Donor Trust Fund for Co-financing the Public Expenditure Support for Sustainable Public Governance in Ukraine Project and the Multi-Donor Trust Fund for Co-financing the Second Development Policy Loan Program for Economic Recovery in Ukraine)

    This is an agreement on providing a grant to Ukraine from the World Bank to finance the project "Support for Public Expenditures to Ensure Sustainable Public Administration in Ukraine". The total grant amount is 1.35 billion US dollars and 10.8 million euros. Structurally, the agreement consists of a main part (6 articles), 2 appendices, and…
    December 25, 20240Likes0CommentsShare
    Ukrainian legislation (general), Ukrainian legislation (important)

    FINANCING AGREEMENT (Seventh Additional Financing for the Project “Support for Public Expenditures to Ensure Sustainable Public Administration in Ukraine”) between Ukraine and the International Development Association

    This is an international credit agreement between Ukraine and the International Development Association (IDA) for providing the seventh additional financing to support government expenditures in Ukraine. Key agreement parameters: - Loan amount: USD 4.8 billion - One-time commission: 0.25% of the loan amount - Commitment fee: 0.25% per annum - Repayment: from 2034 to 2054 in equal installments of…
    December 25, 20240Likes0CommentsShare
    Ukrainian legislation (general), Ukrainian legislation (important)

    Report on the Work of the Temporary Special Commission of the Verkhovna Rada of Ukraine on the Use of State Budget Funds Allocated for the Arrangement of Fortification Structures and Engineering Barriers along the Contact Line, as well as for the Production and Procurement of Unmanned Aerial Vehicles and Electronic Warfare Means for Military Units and Subdivisions of the Armed Forces of Ukraine and Other Military Formations Established in Accordance with the Laws of Ukraine

    Resolution of the Verkhovna Rada Approving the Report of the Temporary Special Commission Investigating the Use of Budget Funds for Fortification Construction and Drone Procurement The resolution structurally consists of 6 points and an annex with a detailed commission report. The main provisions include: taking note of the report, forwarding it to the President and other…
    December 25, 20240Likes0CommentsShare
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