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Review of Ukrainian legislation for 22/01/2025

Monitoring of Biological and Landscape Diversity

A new procedure for monitoring biological and landscape diversity in Ukraine has been approved. The monitoring covers plant and animal species, natural habitats, and biotopes. Monitoring results include primary data, diversity status assessments, and forecasts, which are stored indefinitely.

Medication Registration Simplification

A simplified 30-day registration procedure has been introduced for medications already registered in the USA, EU, Switzerland, Japan, Australia, and Canada. A simplified document package and a mechanism for verifying their authenticity have been established without conducting a full expert examination.

Changes to the Decarbonization Fund

The share of state financing for energy-efficient measures has been increased from 50% to 70%. The list of support recipients has been expanded to include housing associations and cooperative housing associations. The maximum funding for a single project has been increased to 90 million hryvnias.

Changes for Banks Regarding Credit Reporting

Banks are now required to publish detailed information about loan distribution by borrower classes and separately about non-performing loans. New publication deadlines have been set – by the 30th of the following month.

Update to Domestic Violence Counteraction Procedure

The offender is now obligated to notify the police within 24 hours about their location after the issuance of an urgent restraining order. Notification can be made in person, by phone, or through electronic means.

Appealing Decisions on Alcoholic Beverages Geographical Indications

Review of each of legal acts published today:

On the Accounting Price of Banking Metals

This is a daily notification by the National Bank of Ukraine establishing accounting prices for banking metals (gold, silver, platinum, and palladium) as of 21.01.2025. The notification structure includes a table with metal codes (numeric and literal), measurement unit (troy ounce), and accounting price in hryvnias for each metal. Prices are set as follows: gold – 114,182.99 UAH, silver – 1,274.57 UAH, platinum – 39,795.68 UAH, palladium – 39,928.89 UAH per troy ounce.

It is important to note that these prices are reference prices, and the NBU does not undertake obligations to conduct buy-sell operations of banking metals at these prices. These indicators are used for accounting, customs, and statistical purposes.

On the Official Exchange Rate of Hryvnia to Foreign Currencies

This is a daily notification by the National Bank of Ukraine establishing the official exchange rate of hryvnia to 35 foreign currencies as of 21.01.2025. The document contains a table of exchange rates, where for each currency its numeric and literal code, number of units, full name, and official rate relative to hryvnia are indicated. Among the main currencies: US dollar – 42.1551 UAH, euro – 43.4998 UAH, pound sterling – 51.4124 UAH.

It is important to note that these rates are used for accounting purposes, for NBU operations with the State Treasury Service of Ukraine, and in other cases specified by law. The NBU does not undertake obligations to buy and sell currencies at these rates.

On Approval of the Procedure for Monitoring Biological and Landscape Diversity

The Procedure defines the mechanism for monitoring biological and landscape diversity in Ukraine as a subsystem of the state environmental monitoring system. Structurally, the document consists of 20 points that define: monitoring objects (plant and animal species, natural habitats, biotopes, etc.), monitoring subjects (Ministry of Environment, Ministry of Education and Science, State Forestry Agency, and others), monitoring levels (national, regional, local, object-level), procedure for information collection and exchange, system functioning modes.

Key provisions for practical application:
– Monitoring is carried out based on monitoring programs of various levels, approved by the Ministry of Environment and other subjects
– Monitoring results include primary data, generalized data, diversity status assessments, forecasts, and recommendations
– Information is stored indefinitely in information and analytical systems and is considered official
– The system can function in different modes depending on the ecological situation

On Amendments to the Procedure for State Registration (Re-registration) of Medicinal Products

The resolution amends the Procedure for State Registration of Medicinal Products, simplifying the registration procedure for medicines purchased by an authorized person in the healthcare sphere. The document establishes a special procedure for registering drugs already registered in the USA, EU, Switzerland, Japan, Australia, and Canada.

Structurally, the changes include additions to the Procedure with new points 7-1, 23-1, 33-1, 37-1, and 37-2, as well as amendments to points 25 and 41. The main innovation is a simplified registration procedure for procurement winners, which should not exceed 30 calendar days.

Key provisions:
– A simplified document package for registering medicines already registered in developed countries is established
– A mechanism for verifying the authenticity of registration materials without a full examination is defined
– The possibility of temporary suspension of registration for labeling requirement violations is provided
– Issues related to the registration procedure are regulatedTranslation of the Ukrainian legal text into English:

Regarding the Circulation of Drug Series with Labeling that Does Not Comply with New Requirements

[Note: The text provided does not seem to match the title about drug labeling. I will translate the actual content below.]

Resolution on Amendments to the Procedure for Using Funds from the State Decarbonization and Energy Efficiency Transformation Fund

The resolution introduces amendments to the Procedure for Using Funds from the State Decarbonization and Energy Efficiency Transformation Fund. The main innovations concern mechanisms for providing state support for implementing energy-efficient measures and decarbonization. The document is structurally composed of a main part and changes to the basic Procedure. Key changes include: appointment of a new main funds administrator (Economic and Financial Department of the Cabinet of Ministers Secretariat), increasing the financing share from 50% to 70%, and detailing mechanisms for providing state support through lending, leasing, and factoring.

The most important provisions for practical application:
– Expanded list of support recipients – added housing associations, housing cooperatives, and service cooperatives
– Increased maximum project financing to 90 million UAH
– Introduced new support forms: financial leasing of equipment and factoring financing
– Provided special financing for state institutions for energy audit (up to 500,000 UAH) and solar power plant installation

Resolution on Amendments to Appendix 3 of the Regulation on Imposing Special Obligations on Electricity Market Participants

The resolution introduces technical changes to the Regulation on Imposing Special Obligations on Electricity Market Participants, excluding the words “(for the entire consumption volume)” from paragraph 1 of Appendix 3. Structurally, the resolution consists of two points: the first defines a specific change to the document, the second establishes the effective date – February 1, 2025. This change relates to the mechanism for fulfilling special obligations by electricity market participants and may affect the calculation procedure for special obligations. The change is specific and concerns only one technical aspect in the appendix to the main regulation.

Order on Signing the Joint Work Program between the Government of Ukraine and the International Energy Agency for 2025-2026

The order concerns approval of the draft Joint Work Program of cooperation between Ukraine and the International Energy Agency (IEA) for 2025-2026. The document has a simple content and consists of two main points: approval of the program draft and authorization of Energy Minister Herman Halushchenko to sign it on behalf of Ukraine. The key point is that this document creates a legal basis for further cooperation between Ukraine and the IEA in the energy sector for the next two years. It is a technical document necessary for initiating joint projects and programs with the IEA.

Resolution on Amendments to the Resolution of the National Bank of Ukraine Board from February 24, 2022, No. 18

The NBU resolution introduces changes to the rules of banking system operation under martial law, particularly regarding natural gas market operations of state-owned enterprises. Structurally, the document contains two main points of amendment to Resolution No. 18 from 24.02.2022: the first concerns supplementing the list of permitted operations for state-owned gas sector enterprises, the second defines the procedure for entry into force.

Key innovations:
– Allowed currency operations for state-owned enterprises and legal entities with 100% state ownership that are natural gas market subjects, subject to approval by the Cabinet of Ministers
– Provided an opportunity for such enterprises to carry out [text cut off]

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