Changes to Reporting Rules for Non-Banking Financial Institutions
The NBU is changing the reporting frequency for non-banking financial institutions from quarterly to monthly. The new rules will be introduced in stages: the first group of reports will be from May 2025, the second from August 2025. A unified submission deadline of the 25th of the following month has been established.
New Settlement Mechanisms for Government Bonds
The NBU has introduced a new mechanism of “delivery versus delivery of securities” for government bond exchange operations. The procedure for conducting bond exchange auctions has been detailed, including securities blocking and settlements. The procedure for servicing government bonds through foreign depositaries has been clarified.
Simplification of Officer Rank Assignment
The Ministry of Defense has simplified the procedure for assigning officer ranks during martial law. Corps commanders can assign junior lieutenant ranks without sending personnel to military training courses. Individuals with a master’s degree and at least 2 years of management experience may be assigned ranks with appointments up to and including colonel.
New Evaluation Procedure for Medical Facility Managers
The Ministry of Health has introduced a comprehensive evaluation system for candidates for leadership positions in state and municipal medical facilities. Evaluation is conducted based on integrity and professional competence criteria using a 12-point scale. Three candidates with the highest scores will advance to the final stage of the competition.
Electronic Registry of Alcohol-Consuming Enterprises
Review of each of legal acts published today:
ON ACCOUNTING PRICES FOR BANKING METALS
This is a daily notification by the National Bank of Ukraine on establishing accounting prices for banking metals (gold, silver, platinum, and palladium).
The document structure is simple – a table with official accounting prices for four types of banking metals as of 03.03.2025, indicating their digital and literal codes, measurement unit (troy ounce), and price in hryvnias.
Key provisions:
– Price per troy ounce of gold is set at 118,320.75 UAH
– Silver is valued at 1,287.62 UAH per ounce
– Platinum – 39,090.43 UAH per ounce
– Palladium – 38,060.86 UAH per ounce
It is important to note that these prices are accounting prices, and the NBU does not undertake to conduct buying and selling operations of banking metals at the specified prices. Such quotations are used for accounting, customs, and other calculations.
ON THE OFFICIAL EXCHANGE RATE OF HRYVNIA TO FOREIGN CURRENCIES
This is an official notification by the National Bank of Ukraine on establishing exchange rates of foreign currencies in relation to the hryvnia as of 03.03.2025.
The document represents a table with official exchange rates for 33 foreign currencies. The structure includes the digital and literal currency code, number of units, full currency name, and official exchange rate.
Key provisions:
– The base currency is the US dollar with a rate of 41.4313 UAH
– Euro is set at 43.1134 UAH
– The highest rate is for the British pound sterling – 52.1952 UAH
– Rates are established for accounting and NBU operations with the State Treasury Service of Ukraine
– It is important to note that these rates do not create obligations for the NBU to buy or sell currency at the specified prices
Such rates are set by the NBU daily and serve as a reference for calculations and reflection of currency operations in accounting.
ON AMENDMENTS TO CABINET OF MINISTERS OF UKRAINE RESOLUTIONS OF MARCH 6, 2022 NO. 222 AND MARCH 20, 2022 NO. 326
Essence of changes:
The resolution introduces terminological clarifications in two important documents related to the natural gas market and determining damages from Russian aggression. Instead of the narrow concept of “gas pipelines and gas distribution stations”, a broader term is introduced – “gas transportation and gas distribution systems, natural gas storage facilities”.
Structure:
The resolution contains amendments to two documents:
1. Regulations on special obligations of natural gas market entities (No. 222)
2. Procedure for determining damage and losses from Russian armed aggression (No. 326)
In both documents, changes relate to expanding terminology regarding gas infrastructure.
Key provisions:
– The list of gas infrastructure objects is expanded, now including the entire gas transportation system and gas storage facilities
– Changes ensure more comprehensive coverage of all gas infrastructure elements when determining damages from military aggression
– Clarified terminology corresponds to industry technical standards and allows more precise definition of regulatory objects
ON APPROVAL OF REORGANIZATION OF THE STATE RESEARCH INSTITUTE OF THE MINISTRY OF INTERNAL AFFAIRS OF UKRAINE
The essence of the order is the reorganization of the State Research InstituteResearch Institute of the Ministry of Internal Affairs of Ukraine by its joining to the National Academy of Internal Affairs. The National Academy of Internal Affairs becomes the legal successor of all property, rights, and obligations of the institute.
The document structure is simple and consists of three points:
1. Approval of reorganization and indication of financing within budget allocations
2. Determination of legal succession
3. Instruction to the Ministry of Internal Affairs to carry out necessary reorganization measures
Key provisions for practical application:
– Reorganization occurs through joining, not liquidation
– All rights and obligations of the institute transfer to the National Academy of Internal Affairs
– Financing of the reorganization process is carried out within the existing budget of the Ministry of Internal Affairs
– The Ministry of Internal Affairs is responsible for conducting all necessary reorganization measures
Regarding the other documents, would you like me to translate them as well?Translation:
The Deputy Minister of Energy Kurakov O.S. is replaced by the Deputy Minister of Energy Korzun A.V.
The document structure is simple – it is a brief order to amend Appendix 1 of the CMU Order dated 06.09.2019 No. 738 regarding the composition of the liquidation commission of the Ministry of Energy and Coal Industry.
The main provision is the replacement of one official with another in the liquidation commission responsible for terminating the activities of the Ministry of Energy and Coal Industry of Ukraine as part of the reorganization of central executive bodies.
This is a typical personnel decision that does not change the essence and procedure of the liquidation commission’s work, but only updates its personal composition.
On Inclusion of the “Burshtyn” Industrial Park in the Register of Industrial Parks
Essence of the act: The CMU Order includes the “Burshtyn” industrial park in the Register of Industrial Parks of Ukraine. The park is being created in the city of Burshtyn, Ivano-Frankivsk region, for 40 years at the initiative of the Burshtyn City Council.
Act structure:
– Consists of two points
– The first point contains the decision to include it in the Register
– The second point defines key parameters: initiator, term, and location
Key important provisions:
1. Official recognition of the industrial park by the state through inclusion in the Register
2. Long-term project nature – 40 years of operation
3. Local initiative for park creation – from the Burshtyn City Council
4. Clear definition of geographical location – Burshtyn city, Ivano-Frankivsk district
This is a typical CMU order regarding industrial parks, which launches the development of a new industrial zone in a specific locality with all legislatively provided advantages for park participants.
On Assigning Ranks to Civil Servants
This is a resolution of the Cabinet of Ministers of Ukraine on assigning ranks to high-level civil servants.
The document has a simple structure and contains a decision to assign the third rank of civil servant to two officials – the First Deputy Head of the Maritime Administration and the Deputy Head of the State Water Agency for Digitalization.
Key provisions:
– Rank assignment is carried out in accordance with Article 39 of the Law of Ukraine “On Civil Service”
– The third rank is one of the highest ranks of civil service and is assigned to Category “A” officials (high-level civil service corps)
– Ranks are assigned to two deputy heads of central executive bodies, corresponding to their positions and categories
This is a typical order for assigning ranks, which are regularly adopted by the government for high-level civil servants in accordance with civil service legislation.
On Dismissal of Pavlichenko O.A. from the Position of Head of the State Export Control Service of Ukraine
This is a simple resolution of the Cabinet of Ministers of Ukraine on a personnel decision – dismissal of the head of a central executive body.
The order consists of one point, which dismisses Pavlichenko O.A. from the position of Head of the State Export Control Service of Ukraine from March 5, 2025. The reason for dismissal is the expiration of the term of appointment in accordaTranslation of the legal text from Ukrainian to English:
Regarding the Law of Ukraine “On Civil Service”.
Key Elements:
– Dismissal Date: March 5, 2025
– Grounds: Expiration of appointment term (first paragraph of part one of Article 85 of the Law of Ukraine “On Civil Service”)
– Position: Head of the State Export Control Service of Ukraine
(as it relates to export control, which is connected with customs procedures)
On Dismissal of Koshelenko K.B. from the Position of Deputy Minister of Social Policy of Ukraine for Digital Development, Digital Transformations and Digitalization
This is an order of the Cabinet of Ministers of Ukraine regarding a personnel decision – dismissal of a high-ranking official at their own request.
The document structure is simple – it is a single administrative provision on dismissing Kostiantyn Borysovych Koshelenko from the position of Deputy Minister of Social Policy of Ukraine, who was responsible for digitalization issues.
The key point is the grounds for dismissal – at own request, which is one of the most common legal grounds for terminating civil service according to civil service legislation. The document is signed by the Prime Minister of Ukraine, which corresponds to his powers regarding personnel appointments and dismissals at the level of deputy ministers.
On Dismissal of Bohatykh I.V. from the Position of Deputy Minister of Justice of Ukraine
This is an order of the Cabinet of Ministers of Ukraine, an individual act on dismissing an official.
The essence of the document is the dismissal of Inna Volodymyrivna Bohatykh from the position of Deputy Minister of Justice of Ukraine. The dismissal is carried out based on the fourth paragraph of part two of Article 9 of the Law of Ukraine “On Central Executive Authorities”.
The document structure is simple and contains only the operative part with the decision on dismissal. The document is signed by the Prime Minister of Ukraine.
Key provisions for application:
– Dismissal is carried out according to the law regulating the termination of powers of deputy ministers
– The decision takes effect from the moment of signing, unless otherwise specified in the act
– The order does not require additional implementation procedures
On Amendments to the Procedure for Using Funds Provided in the State Budget for Implementing Measures to Realize State Policy in the Sphere of Restoration and Preservation of National Memory
The essence of the resolution is to make technical amendments to the procedure for using budget funds for measures of restoration and preservation of national memory. The changes relate to clarifying terminology, expanding the list of services, and updating financing procedures.
Document structure:
– Amendments are made to 6 points of the basic resolution No. 421 from 2015
– Main changes concern terminology (replacing “communication services” with “electronic communication services”), adding new types of services (literary editing, restoration), and clarifying the prepayment procedure
– The name of the responsible ministry is changed from MCIP to MCSC
Key provisions for practical application:
1. The list of services that can be financed has been expanded, including literary editing and restoration work
2. Prepayment for goods and services is now carried out according to the general budget law procedureTranslation:
Legislation
3. Detailed procedures for working with Treasury bodies regarding the opening/closing of accounts and accounting for budget obligations
On Amendments to Paragraph 5 of the Procedure for Procurement of Unmanned Systems, Tactical Level Radio-Electronic Warfare Means of Domestic Production and Their Components
The essence of the changes is to clarify the procedure for purchasing unmanned systems and radio-electronic warfare means of domestic production for defense needs. The resolution determines which institutions have the right to issue expert opinions and property valuation reports for such purchases. Simplified requirements are also established for domestic contractors of state contracts.
Structurally, the document amends paragraph 5 of the existing Procedure through two main blocks of changes:
1. Clarification regarding institutions that can issue expert opinions and property valuation reports
2. Simplification of documentation requirements for domestic contract performers, dividing them into two categories – manufacturers of codified and non-codified systems
Key provisions for practical application:
– Expert opinions can only be provided by specialized forensic institutions in accordance with the law “On Forensic Expertise”
– Property valuation reports are issued by valuation activity entities in accordance with the relevant law
– Domestic manufacturers of codified systems are exempt from submitting expert opinions and valuation reports
– Manufacturers of non-codified systems are additionally exempt from submitting documents provided for in paragraphs 3-6 of the base Procedure
On Amendments to Certain Resolutions of the Cabinet of Ministers of Ukraine Regarding the Establishment of Surcharges for Performing Duties of Temporarily Absent Employees
This resolution establishes a unified approach to calculating surcharges for employees of state bodies and institutions for performing duties of temporarily absent colleagues. The main rule is a surcharge of up to 50% of the employee’s salary for the main job, using up to 50% of the absent employee’s salary.
Structurally, the resolution amends 7 different CMU resolutions regulating remuneration in various state bodies and institutions – executive authorities, prosecutor’s offices, courts, notary offices, research institutions, etc. References to the National Academy of Public Administration under the President of Ukraine are also removed from the documents.
Key provisions for application:
– Surcharges are established only for employees of the same categories
– Senior management (directors, their deputies, heads of structural units) are not entitled to such surcharges
– Payments are made exclusively within the approved wage fund
– For local self-government bodies, these norms are recommendatory
On Amendments to the Rules for Crossing the State Border by Citizens of Ukraine
Essence of changes:
The resolution regulates the procedure for crossing the state border for men aged 18-60 during martial law who transport medical cargo and humanitarian aid. The changes concern specific categories of persons defined in paragraphs 2-1, 2-6, 2-9, 2-14, and 2-20 of the Rules.
Structure:
The document introduces an amendmentTranslation of the first document:
Amendments to the Rules for Crossing the State Border by Ukrainian Citizens from 1995, Modifying Section 2-8. This is a technical change that clarifies the border crossing procedure for a specific category of persons.
Key Provisions:
– Changes apply only during the period of martial law
– Apply to men of conscription age (18-60 years)
– Border crossing is permitted for transportation of medical cargo and humanitarian aid
– Passage is carried out by authorized State Border Guard Service personnel
– Persons must belong to categories defined in specific points of the Rules
– Compliance with general Border Crossing Rules is a mandatory condition
Translation of the second document:
On Amendments to the Procedure for Functioning of the Unified Geoinformation System for Monitoring and Evaluating the Development of Regions and Territorial Communities
This resolution introduces technical changes to the procedure for operating the unified geoinformation system for monitoring regional and community development. The main changes relate to updating the names of state bodies and legislative references.
The document structurally consists of 4 points of changes to the existing Procedure from 23.05.2023. Changes include:
– Updating the name of the law on electronic trust services
– Replacing “Ministry of Infrastructure” with “Ministry of Development”
– Changing the name “Recovery Agency” to “State Enterprise ‘Reintegration and Recovery'”
Key Application Provisions:
1. Updated names of bodies participating in the monitoring system – now Ministry of Development and SE “Reintegration and Recovery”
2. Updated reference to the relevant law – “On Electronic Identification and Electronic Trust Services”
3. All other provisions of the base Procedure remain unchanged and continue to apply in the previous version
Translation of the third document:
On Amending the Resolution of the Cabinet of Ministers of Ukraine from August 9, 1999, No. 1436
This resolution amends the 1999 document regarding international cooperation in combating crime within the Black Sea Economic Cooperation framework. The main change involves updating the list of Ukrainian bodies responsible for fulfilling international obligations.
Structurally, the resolution consists of one point replacing a paragraph in the original Resolution No. 1436 from 1999. Compared to the previous version, the list of responsible bodies has been updated according to the current structure of Ukrainian law enforcement agencies.
Key Provisions:
– Seven main bodies responsible for international cooperation in combating crime are identified: Ministry of Internal Affairs, Security Service, State Border Guard Service, Economic Security Bureau, National Police, State Customs Service, and Prosecutor General’s Office
– Each body acts within its competence
– Cooperation is carried out within the framework of the intergovernmental agreement of Black Sea Economic Cooperation states
