Digest of Ukrainian Legislation
Accounting Prices for Bank Metals (NBU)
The National Bank of Ukraine has set accounting prices for bank metals such as gold, silver, platinum, and palladium for April 11, 2025. These prices are used for accounting and reporting by financial institutions. It is important to note that the NBU is not obliged to buy or sell metals at these prices. These prices are only a guideline and are not a fixed rate for market transactions.
Official Exchange Rate of Hryvnia to Foreign Currencies (NBU)
The National Bank of Ukraine has determined the official exchange rate of hryvnia to foreign currencies and special drawing rights for April 11, 2025. These rates are used for accounting and NBU transactions with the State Treasury Service of Ukraine. It is important to remember that the official rate is not mandatory for foreign exchange transactions in the market, and the actual rate may differ.
Termination of International Treaties (Ministry of Justice)
The Ministry of Justice of Ukraine announced the termination of two international agreements. The first agreement concerns cooperation with the Russian Federation in the field of communications, it is no longer valid from March 28, 2025. The second agreement – with the Czech Republic on combating crime, ceased to be valid from April 1, 2025 due to the entry into force of a new agreement.
Amendments to Regulatory Acts in the Field of E-Governance (Cabinet of Ministers)
The Cabinet of Ministers has amended the procedure for using funds under the “E-Governance” program and the Model Instruction on documenting management activities. The changes concern clarification of terminology, use of qualified
of qualified electronic signatures and seals, as well as updating the requirements for the integration of electronic document management systems with the system of interaction of executive authorities. The updated Regulation on the organization of interaction of executive authorities in electronic form defines the general principles of functioning and use of the electronic interaction system.
The government has canceled a number of resolutions regulating issues of the state reserve seed fund and other aspects of seed production. This decision is aimed at simplifying doing business in this area. The abolition of these acts may affect the procedure for the formation, storage and use of seeds from the state reserve.
The Cabinet of Ministers has amended the procedures for the use of funds to stimulate the creation of industrial parks. The key innovation is the introduction of non-budget accounts for communal enterprises, which allows for more flexible use of funds for payment of works and services. Also, the resolution allows the transfer of funds to applicants who received a decision on state incentives in 2024, but could not implement them due to a reduction in budget allocations.
The government has updated the reporting forms on payments to the state in the extractive industries. The new reporting forms relate to the report on payments, the consolidated report and the report on payments received. It is important to use the updated forms when preparing and submitting reports to ensure compliance with current legislation.
The Cabine
Review of each of legal acts published today:
### **On the accounting price of banking metals**
Good day! I will gladly help you understand this message from the National Bank of Ukraine.
1. **Essence of the document:** This is an official message from the National Bank of Ukraine (NBU) on the accounting prices of banking metals (gold, silver, platinum and palladium) as of April 11, 2025. These prices are used for accounting and reporting purposes, but the NBU is not obliged to buy or sell metals at these prices.
2. **Structure and main provisions:**
* The document is in the form of a message.
* It contains a table with information about:
* Digital and letter code for each metal.
* Number of troy ounces (always 1 in this case).
* Name of the banking metal (gold, silver, platinum, palladium).
* Accounting price in hryvnias per troy ounce.
* It is important to note that the NBU is not obliged to carry out purchase and sale transactions at these prices.
3. **Main provisions for use:**
* Accounting prices are used for internal accounting and reporting by banks and other financial institutions.
* These prices can be a benchmark for estimating the value of metals, but are not a fixed rate for buying and selling.
* When carrying out transactions with banking metals, market prices, which may differ from accounting prices, should be taken into account.
### **On the official exchange rate of the hryvnia against foreign currencies**
Good day! I will gladly help you understand this document.
1. **Essence of the document:** This is a message from the National Bank of Ukraine (NBU) on the official exchange rate of the hryvnia against foreign currencies and special drawing rights (SDRs) for a specific date – April 11, 2025. These rates are used for reflection in accounting, NBU transactions with the State Treasury Service of Ukraine (DKSU), and in other cases provided for by law. It is important to note that the NBU is not obliged to buy or sell currency at these rates.
2. **Structure and main provisions:** The document is a table indicating the digital and letter code, the number of currency units, the name, and the official exchange rate of the hryvnia for each currency. The table presents exchange rates against the US dollar, euro, pound sterling, Swiss franc, Chinese yuan, and many other currencies. At the bottom of the document, there is a note explaining the scope of application of these rates and the absence of NBU obligations to buy or sell currency at these rates.
3. **Most important provisions:** The most important thing is that these rates are used for accounting.
of accounting and transactions with the SCSA, but are not mandatory for foreign exchange transactions in the market. This means that the actual exchange rate for buying and selling currency in banks and exchange offices may differ from the official NBU rate.
Information on the Termination of International Treaties
Good day! Here is a brief overview of the provided information regarding the termination of international treaties:
1. **Subject of the document:** The document is an official notification from the Ministry of Justice of Ukraine regarding the termination of two international agreements. The first agreement concerns cooperation with the Russian Federation in the field of communications, and the second concerns cooperation with the Czech Republic in the fight against crime.
2. **Structure and main provisions:** The notification contains a list of international treaties, information on their registration, publication, and information on the termination. In the case of the agreement with the Czech Republic, the termination is related to the entry into force of a new agreement between the countries in the field of combating crime.
3. **Important provisions for use:** It is important to pay attention to the dates of termination of the agreements. The agreement with the Russian Federation has already terminated on March 28, 2025. The agreement with the Czech Republic terminates on April 1, 2025, simultaneously with the entry into force of a new agreement between the countries. This is important to consider when regulating relations in the relevant areas.
On Amendments to Resolutions of the Cabinet of Ministers of Ukraine No. 236 of March 14, 2012, and No. 55 of January 17, 2018
Good day! I will gladly help you understand this document.
1. **Subject of the law:** This resolution amends two important documents: the Procedure for the Use of Funds Provided in the State Budget under the “Electronic Governance” Program, and the Model Instruction on Documenting Management Activities. The changes are aimed at clarifying terminology, bringing regulations into line with modern requirements of electronic document management, and improving electronic interaction between authorities.
2. **Structure and main provisions:**
* The resolution consists of two main points: amendments to the specified resolutions of the Cabinet of Ministers of Ukraine and the obligation for ministries and other authorities to bring their regulations into compliance with this resolution within three months.
* The main changes relate to:
* Replacing the terms “information and telecommunication technologies” with “information and communication technologies.”
* Clarification of definitions and the use of qualified electronic signatures (QES) and seals.
and the introduction of the concept of “advanced electronic signature”.
* Updating the requirements for the integration of electronic document management systems with the system of interaction of executive authorities.
* Exclusion of outdated provisions and bringing them into compliance with modern office management standards.
* Revision of the Regulations on the organization of interaction of executive authorities in electronic form.
3. **Most important provisions:**
* Clarification of requirements for the use of electronic signatures and seals, which is important for the legal validity of electronic documents.
* Requirements for the integration of electronic document management systems with the interaction system, which promotes effective electronic interaction between government bodies.
* Updated Regulations on the organization of interaction of executive authorities in electronic form, which defines the general principles of operation and use of the electronic interaction system.
I hope this helps you better understand the essence of this act!
On recognizing as invalid certain resolutions of the Cabinet of Ministers of Ukraine regarding deregulation of economic activity in the field of seed production
Good day! Let’s take a look at this resolution of the Cabinet of Ministers of Ukraine.
1. **Essence of the Law:**
Resolution No. 403 of April 8, 2025, is aimed at deregulating economic activity in the field of seed production. It repeals a number of previous resolutions of the Cabinet of Ministers of Ukraine that regulated the issues of the state reserve seed fund and other aspects of seed production. This is done to simplify doing business in this area.
2. **Structure of the Law:**
The resolution consists of two parts:
* Directly the resolution on recognizing certain acts as invalid.
* List of resolutions of the Cabinet of Ministers of Ukraine, which are recognized as invalid. This list includes resolutions adopted in the period from 2003 to 2019, concerning the state reserve seed fund and support for the development of agro-industrial complex enterprises.
3. **Main Provisions:**
The most important thing is that the regulations governing the state reserve seed fund are repealed. This may affect the procedure for the formation, storage and use of seeds from the state reserve. Also, the changes concern the deregulation of support for enterprises of the agro-industrial complex in the field of seed production.
On Amendments to the Procedures Approved by Resolutions of the Cabinet of Ministers of Ukraine No. 341 of March 29, 2024, and No. 644 of June 4, 2024
Some Issues of Deregulation of Economic Activity in the Field of Health Care
Good day! I am happy to help you understand this Cabinet of Ministers resolution.
1. **Essence of the Law:**
The resolution is aimed at deregulating economic activity in the field of health care. It abolishes some outdated requirements and procedures that complicated doing business in this area. In particular, permits for folk medicine and for carrying out work with non-ionizing radiation are canceled. Also, changes relate to state sanitary and epidemiological supervision and activities related to artificial changes in the state of the atmosphere.
2. **Structure and main provisions:**
The resolution consists of two main parts:
* Amendments to existing resolutions of the Cabinet of Ministers:
* Regulations on State Sanitary and Epidemiological Supervision in Ukraine (Resolution No. 1109 of June 22, 1999): Some powers of the bodies of sanitary and epidemiological supervision are excluded.
* Procedure for согласования and Issuance of Permits for Activities Related to Artificial Changes in the State of the Atmosphere and Atmospheric Phenomena for Economic Purposes (Resolution No. 301 of March 13, 2002): The participation of the Ministry of Health in the согласования and issuance of permits is excluded.
* Recognition as invalid of two resolutions:
* Procedure for Issuing and Canceling a Special Permit for Engaging in Folk Medicine (Healing) (Resolution No. 1145 of December 3, 2012).
* Procedure for Issuing a Permit for Conducting Diagnostic, Experimental, Testing, and Measuring Works at Enterprises, Institutions, and Organizations Whose Activities Are Related to the Use of Sources of Non-Ionizing Radiation (Resolution No. 761 of October 17, 2013).
3. **Most Important
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**Key Provisions:**
* **Abolition of permits for folk medicine (healing):** This means that individuals practicing folk medicine no longer need to obtain a special permit from the state.
* **Abolition of permits for work with non-ionizing radiation:** Enterprises and organizations that use sources of non-ionizing radiation no longer need to obtain a permit to carry out relevant work.
* **Exclusion of the Ministry of Health from the process of approving activities related to artificial modification of the atmosphere:** This simplifies the procedure for obtaining permits for such activities.
* **Deregulation of sanitary and epidemiological supervision:** Reduction of controlling functions in this area.
I hope this helps you better understand the essence of this decree!
**On Amendments to Certain Resolutions of the Cabinet of Ministers of Ukraine Regarding the Abolition of Irrelevant Instruments of State Regulation in the Field of Environmental Protection**
Good day! I am happy to help you understand this decree.
1. **Essence of the Law:**
The decree aims to deregulate the field of environmental protection by abolishing outdated and irrelevant instruments of state regulation. It amends a number of resolutions of the Cabinet of Ministers of Ukraine that regulate the use of natural resources, particularly within the natural reserve fund and forestry.
2. **Structure and Main Provisions:**
The decree introduces changes to four main regulatory acts:
* Resolution of the CMU of August 10, 1992, No. 459 regarding permits for special use of natural resources within the territories and objects of the natural reserve fund. The changes concern the exclusion of certain provisions that regulated the procedure for issuing permits and establishing limits.
* Resolution of the CMU of April 23, 1996, No. 449 regarding the procedure for harvesting secondary forest materials and carrying out side forest uses in the forests of Ukraine. Here, the changes concern the strengthening of the ban on the collection of plants and fungi listed in the Red Book of Ukraine.
* Resolution of the CMU of May 23, 2007, No. 761 regarding the special use of forest resources. The changes are aimed at simplifying the approval procedure and clarifying the prohibition on the collection of Red Book plants.
* Resolution of the CMU of October 22, 2008, No. 929 regarding the rules for main use fellings in the mountain forests of the Carpathians. The changes provide for the exclusion of certain provisions.
3. **Most Important Provisions:**
* **Abolition of requirements for согласования [coordination/approval]** with a number of executive authorities in the special use of forest resources, which
