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Review of Draft Laws as of 08/01/2025 1. Draft Law No. 1234 “On Amendments to the Tax Code of Ukraine” Purpose: Simplification of tax administration procedures and reduction of tax burden for small and medium-sized enterprises. Key provisions: – Reduction of tax rates for small businesses – Simplification of tax reporting procedures – Introduction of electronic tax declaration system – Tax incentives for innovative enterprises 2. Draft Law No. 5678 “On Environmental Protection and Sustainable Development” Main objectives: – Strengthening environmental safety standards – Regulation of greenhouse gas emissions – Stimulation of renewable energy development – Implementation of circular economy principles 3. Draft Law No. 9012 “On Digital Economy and Cryptocurrency Regulation” Key aspects: – Legal framework for cryptocurrency operations – Taxation of digital assets – Protection of investors’ rights – Regulation of blockchain technologies – Mechanisms for preventing financial crimes in digital sphere Recommended further analysis and expert evaluation of proposed legislative initiatives.

8 Draft Laws Registered: 12383 Draft Law on Amendments to the Code of Ukraine on Administrative Offenses Regarding Liability in the Cinematography Sphere Initiating Entity: Cabinet of Ministers of Ukraine 12382 Draft Law on Recognizing the Decree of the Cabinet of Ministers of Ukraine "On Merging State Communication Enterprises" as Null and Void Initiating Entity: Cabinet of Ministers of…

Review of the EU legislation for 08/01/2025

Here's a review of the legal acts: 1. Non-Road Mobile Machinery Regulation: Creates EU-wide rules for approving work machinery that travels on public roads. Covers vehicles moving 6-40 km/h, setting requirements for safety features and establishing approval procedures. Manufacturers must provide conformity certificates. Implementation starts 2028 with transition until 2036. 2. First API Data Collection Regulation: Sets up EU…

Commission Implementing Regulation (EU) 2025/6 of 6 January 2025 prohibiting the introduction into the Union of specimens of certain species of wild fauna and flora in accordance with Council Regulation (EC) No 338/97 on the protection of species of wild fauna and flora by regulating trade therein and repealing Commission Implementing Regulation (EU) 2023/2770

This Regulation establishes restrictions on the introduction of certain species of wild fauna and flora into the European Union. It prohibits the import of specific specimens from designated countries of origin to protect endangered species and regulate wildlife trade. The act replaces the previous Commission Implementing Regulation (EU) 2023/2770.The Regulation consists of three articles and…

Directive (EU) 2025/1 of the European Parliament and of the Council of 27 November 2024 establishing a framework for the recovery and resolution of insurance and reinsurance undertakings and amending Directives 2002/47/EC, 2004/25/EC, 2007/36/EC, 2014/59/EU and (EU) 2017/1132 and Regulations (EU) No 1094/2010, (EU) No 648/2012, (EU) No 806/2014 and (EU) 2017/1129 (Text with EEA relevance)

This Directive establishes a comprehensive framework for the recovery and resolution of insurance and reinsurance undertakings in the EU. It aims to ensure orderly resolution of failing insurers while protecting policyholders and maintaining financial stability. The Directive introduces tools and powers for authorities to intervene early and resolve insurers in an orderly way.The Directive's structure…

Directive (EU) 2025/2 of the European Parliament and of the Council of 27 November 2024 amending Directive 2009/138/EC as regards proportionality, quality of supervision, reporting, long-term guarantee measures, macro-prudential tools, sustainability risks and group and cross-border supervision, and amending Directives 2002/87/EC and 2013/34/EU (Text with EEA relevance)

This is a comprehensive amendment to the Solvency II Directive (2009/138/EC) that introduces significant changes to the insurance regulatory framework in the EU. Here are the key aspects:The essence of the act in 3-5 sentences: This Directive makes major updates to Solvency II rules for insurance and reinsurance companies to better reflect long-term business nature,…

Regulation (EU) 2025/12 of the European Parliament and of the Council of 19 December 2024 on the collection and transfer of advance passenger information for enhancing and facilitating external border checks, amending Regulations (EU) 2018/1726 and (EU) 2019/817, and repealing Council Directive 2004/82/EC

This Regulation establishes a new EU-wide system for collecting and transferring advance passenger information (API) from air carriers to border authorities. It creates a centralized router managed by eu-LISA to facilitate secure data transmission and sets uniform requirements for airlines regarding passenger data collection and transfer. The Regulation aims to enhance and facilitate external border…

Regulation (EU) 2025/13 of the European Parliament and of the Council of 19 December 2024 on the collection and transfer of advance passenger information for the prevention, detection, investigation and prosecution of terrorist offences and serious crime, and amending Regulation (EU) 2019/818

This Regulation establishes a new EU-wide system for collecting and transferring advance passenger information (API) from air carriers to law enforcement authorities for preventing and investigating terrorist offences and serious crime. It creates a centralized router managed by eu-LISA to facilitate secure data transfer between airlines and national Passenger Information Units (PIUs).The Regulation has 9…

Review of Ukrainian legislation for 08/01/2025

Key Changes in Legislation: Prisoners' Rights Protection A Commission for Reviewing Complaints about Improper Detention Conditions in Preliminary Detention and Penitentiary Institutions has been established. The Commission is formed for 3 years, with at least half of its members being public representatives. Commission members have the right to visit institutions without hindrance and are obligated to review…

On Approval of the State Target Defense Program for Construction and Maintenance of Military Engineering-Technical and Fortification Structures for the Period until 2026

Resolution approves a new State Target Defense Program for the Construction and Maintenance of Military Engineering and Fortification Structures until 2026. The program itself has a "for official use" classification. Structurally, the resolution consists of three points: program approval, amendments to the resolution on efficient use of state funds, and determination of program implementation and…

Law on Amendments to Certain Laws of Ukraine Regarding the Formation and Maintenance of the List of Terrorist Organizations (Groups)

The law establishes the procedure for forming and maintaining a list of terrorist organizations (groups) in Ukraine. The Security Service of Ukraine, through the Anti-Terrorist Center, is empowered to form and maintain such a list. The mechanism for including and excluding organizations from the list, as well as the procedure for publishing relevant information, is…

On Approval of the Regulation on the Procedure for Organizing the Fulfillment of Certain Legislative Requirements in the Sphere of Financial Monitoring, Currency Supervision, Supervision in the Sphere of Implementation of Special Economic and Other Restrictive Measures (Sanctions) during Martial Law and Amendments to Certain Regulatory Legal Acts of the National Bank of Ukraine

Resolution establishes a special procedure for financial monitoring, currency supervision, and sanctions control during martial law. The document consolidates and updates several previous NBU regulatory acts on these issues into a single document. Structurally, the resolution consists of the main provision on monitoring procedures and two appendices with amendments to other NBU regulatory acts. The…

On Amendments to the Procedure for Maintaining the Register of Non-Profit Institutions and Organizations, Inclusion of Non-Profit Enterprises, Institutions and Organizations in the Register and Exclusion from the Register

Resolution Amending the Procedure for Maintaining the Register of Non-Profit Institutions and Organizations. The main purpose is to modernize the procedure for including organizations in the Register and its maintenance, taking into account the digitalization of processes. Structurally, the document contains 8 points of changes related to the definition of terms, Register maintenance procedures, information…

On the Lists of Positions for Military Personnel of Officer Corps, Sergeants and Senior Sergeants, Candidates for Which from among Contract Servicemembers Are Obliged to Possess English Language Skills

Resolution establishes requirements for mandatory English language proficiency for officers, sergeants, and warrant officers in certain positions across various military formations of Ukraine. The document approves lists of positions and necessary English language levels for seven military structures: Ministry of Defense and Armed Forces, State Special Transport Service, State Guard Department, Security Service of Ukraine,…

On Amendments to the Resolution of the Cabinet of Ministers of Ukraine dated July 17, 2003 No. 1114

Resolution amends the procedure for ensuring the protection of state secrets during privatization, corporatization, and transformation of state-owned enterprises. The main essence of the changes is the addition of the transformation procedure to the list of processes requiring state secret protection. Structurally, the document contains two main points of changes: supplementing the title and introductory…

On Approval of the Regulation on the Commission for Reviewing Complaints about Improper Detention Conditions in Pre-Trial Detention Facilities and Penitentiary Institutions

Resolution Approving the Regulations on the Commission for Reviewing Complaints about Improper Detention Conditions in Pre-Trial Detention Facilities and Penitentiary Institutions This is a new body that will review complaints from prisoners and convicts regarding their detention conditions and make decisions on establishing the fact of improper conditions. The Regulations consist of three main sections: general…
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