Changes to Banking Legislation
The National Bank of Ukraine (NBU) has updated the Regulation on Risk Management in Banks, detailing the procedure for submitting and reviewing bank applications for including instruments in the banking book. A 30-day review period has been established with the possibility of extension for 15 days. Clear requirements for electronic documents…
Order Amending Reporting Forms for Special Fund Budget Funds Received by Main Administrators through NBU Accounts
The order introduces changes to the reporting forms for the use of special fund budget funds received by main administrators in accounts with the National Bank of Ukraine. Appendices 2-4 to the Regulation on the Specifics of Treasury Servicing of…
This order amends the List of Territories Where Military Actions Are (Were) Conducted or Temporarily Occupied by the Russian Federation. The document updates the status of specific settlements in the context of military actions and occupation.
Structurally, the order consists of a main part and an appendix with detailed changes to the previous list. The changes…
Order introduces technical amendments to document forms used in treasury servicing of funds for main state budget fund administrators at accounts in the National Bank of Ukraine. Structurally, the order contains amendments to three annexes (2-4) of the Regulation on Treasury Service Specifics. The main changes relate to clarification of terminology, numbering of notes and…
The order approves the draft intergovernmental agreement between Ukraine and Poland regarding the opening of a new automobile checkpoint at the border between the settlements of Nyzhanovychi (Ukraine) and Malhovychi (Poland). The document has a simple structure and consists of one point, which approves the draft agreement in the form of an exchange of diplomatic…
The order approves the distribution of additional subsidies from the state budget to local budgets for the fourth quarter of 2024 to exercise the powers of local self-government bodies in territories affected by Russian aggression. The document consists of two parts: the administrative section and an annex with detailed fund allocation. The total subsidy amount…
Resolution introduces changes to the allocation of budget funds between programs of the Ministry of Social Policy and the budget of the Pension Fund of Ukraine for 2024. A redistribution of 2.833 billion hryvnias is carried out from the housing subsidy program to the pension provision program. Structurally, the resolution consists of two parts: the…
Resolution amends three normative acts related to geographical indications and determination of damage from Russian aggression. The main changes concern the Procedure for Determining Damage and Losses from the Russian Armed Aggression. A new type of loss has been added to the list - expenses for conservation of land plots contaminated with chemical substances as…
Resolution Concerning the Creation and Activities of the Verkhovna Rada's Temporary Special Commission on Protection of Internally Displaced Persons and Other Victims of Russian Aggression
The resolution concerns the establishment and operation of a Temporary Special Commission of the Verkhovna Rada (VRU) for protecting the rights of internally displaced persons (IDPs) and other individuals affected by…
Resolution on Adopting the Draft Law on Amendments to the Budget Code of Ukraine
The Parliament supported Draft Law No. 12245 in the first reading with certain amendments. Structurally, the resolution consists of two points: the first defines the adoption of the draft law with consideration of the Budget Committee's proposals (exclusion of subsections 3 and…
48 Draft Laws Registered:
12066-П Draft Resolution on Cancellation of the Verkhovna Rada of Ukraine Decision from 18.12.2024 on Adoption in the Second Reading and in General of the Draft Law on Amendments to the Law of Ukraine "On Military Duty and Military Service" Regarding the Creation and Functioning of the Unified State Register of Military…
RESTORE Framework Regulation
Creates an emergency support mechanism allowing use of up to 10% of ESF+ and ERDF funds for disaster response with 95% co-financing rate and 25% pre-financing. Covers infrastructure restoration, temporary work schemes up to 18 months, and basic assistance up to 6 months. Applies retroactively to disasters between January 2024-December 2025.
Poultry Import…
Regarding Protection of Sexual Violence Victims
A law has been adopted to protect persons who suffered from sexual violence as a result of Russian aggression. A special Commission will be created that will make decisions on recognizing a person as a victim within 45 days. Victims will receive the right to free legal assistance, rehabilitation, and…
No new decisions were published today
Case No. 757/7845/19-k dated 19/11/2024
Subject of the dispute - challenging the appellate court's ruling on returning the appeal to a person who was not a party to the criminal proceedings. The court was guided by the fact that the applicant PERSON_5 did not have the right to file an appeal against the verdict regarding other…
Here's a review of the significant legal acts:
RESTORE Framework Regulation
A new emergency support framework allowing quick financial assistance for regions hit by natural disasters. It enables using up to 10% of ESF+ and ERDF funds for disaster response with 95% co-financing rate and 25% pre-financing. Covers infrastructure restoration, temporary work schemes, and basic assistance,…
This Regulation amends existing rules to provide emergency financial assistance through the European Agricultural Fund for Rural Development (EAFRD) to farmers, forest holders and rural businesses affected by natural disasters occurring from January 2024. The act introduces a new temporary support measure with simplified procedures and increased flexibility in fund allocation to quickly address the…
This Regulation amends the EU Deforestation Regulation 2023/1115, which aims to prevent deforestation-linked products from entering the EU market. The key change is postponing the main application date by 12 months, from December 2024 to December 2025, to give stakeholders more time for preparation. The regulation also adjusts related deadlines for country risk classification and…
This Regulation establishes a temporary framework called RESTORE (Regional Emergency Support to Reconstruction) to provide immediate support to regions affected by natural disasters in the EU. It amends existing regulations on the European Social Fund Plus (ESF+) and European Regional Development Fund (ERDF) to enable quick financial assistance for reconstruction and social support in affected…
