No new decisions were published today
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…
No new legal acts were published today
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…
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…
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.…
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…
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…
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…
No new decisions were published today
No new decisions were published today
Law Project Analysis:
Essence of the Law Project
The law project provides for the approval of a new National Target Environmental Program for Radioactive Waste Management. It defines new approaches to radioactive waste management at the state level and repeals the previous law on this issue, adopted in 2009.
Structure and Main Provisions of the Law Project…
7 Draft Laws Have Been Registered:
12356 Draft Law on the National Target Environmental Program for Radioactive Waste Management
Initiating Entity: Cabinet of Ministers of Ukraine
12355 Draft Law on the Unified State Register of War Veterans
Initiating Entity: Cabinet of Ministers of Ukraine
12354 Draft Law on Amendments to the Code of Ukraine on Administrative Offenses Regarding Increased Responsibility…
1. Amendment to EU Deforestation Regulation:
The regulation extends the implementation timeline of deforestation-free product requirements by 12 months. The main application date moves to December 2025, with small businesses getting until June 2026. Country risk classifications will be done by June 2025, and the old Timber Regulation remains in force until December 2025. The…
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 help affected regions…
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…
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 to prepare for compliance.The Regulation makes three main amendments to the original act:Changes…
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…
