Skip to content Skip to sidebar Skip to footer

Review of Ukrainian legislation for 13/05/2025


Digest of Ukrainian Legislation

Digest of Ukrainian Legislation

National Bank of Ukraine (NBU) – Accounting Prices for Bank Metals

The NBU sets accounting prices for gold, silver, platinum, and palladium in hryvnias per troy ounce for internal settlements and accounting. These prices are not mandatory for actual NBU metal buying and selling transactions. They are used for internal accounting purposes only and do not affect market prices for metals.

National Bank of Ukraine (NBU) – Official Hryvnia Exchange Rates Against Foreign Currencies

The NBU sets official hryvnia exchange rates against foreign currencies and SDRs for accounting and transactions with the State Treasury Service of Ukraine (DKSU). These rates serve as a benchmark for accounting. The NBU is not obliged to buy or sell these currencies at the specified rates; they are used for accounting purposes only.

Central Election Commission – Amendments to the List of Polling Stations

The CEC makes amendments to the list of ordinary and special polling stations formed on a permanent basis. These changes relate to specific lists of stations provided in the annexes to the resolution. The bodies maintaining the State Voter Register must take these changes into account in their work, as they affect the organization and conduct of elections.

Central Election Commission – Changes in the Composition of Territorial Election Commissions

The CEC makes changes to the composition of territorial election commissions (TECs) based on submissions from local political party organizations. The changes relate to the replacement of party representatives in the commissions that prepare and conduct local elections. TECs are obliged to inform citizens about these changes, ensuring the transparency of the electoral process.

Central Election Commission – Early Termination of Powers of People’s Deputy

The CEC records the fact of the early termination of the powers of People’s Deputy of Ukraine Volodymyr Viktorovych Moroz due to his death. The commission postpones the issue of scheduling by-elections until the circumstances preventing their holding due to martial law are eliminated.

Decree of the President of Ukraine – Appointment of State Scholarships to Outstanding Scientists

The President of Ukraine appoints state scholarships to outstanding scientists for a term of two years. The Decree specifies the exact list of scientists who are appointed these scholarships, indicating their full name, year of birth, academic degree, and title. The list is exhaustive and determines who will receive the scholarship for two years.

National Bank of Ukraine – Changes to the Activities of Banks Under Martial Law

The NBU introduces changes to the regulatory legal acts governing the activities of banks under martial law. The changes relate to the assessment of debtors, management of problem assets, calculation of credit risk, and restoration of banking activities. The purpose of the changes is to adapt the banking system to the conditions of martial law and ensure its stability.

National Bank of Ukraine – Changes to the Procedure for Opening and Closing Accounts

The NBU introduces changes to the Instruction on the Procedure for Opening and Closing Accounts for Users by Payment Service Providers. The changes are aimed at bringing the NBU’s regulatory legal act into compliance with the current legislation of Ukraine, in particular, clarifying the requirements for opening accounts for various categories of users and payment service providers.

Cabinet of Ministers of Ukraine – Expansion of the Powers of the Interdepartmental Working Group

The Cabinet of Ministers of Ukraine expands the powers of the Interdepartmental Working Group. Now the group will deal not only with the issues of conscription of those liable for military service during mobilization but also with the development of recruitment of foreigners and stateless persons for contract service. A new composition of the Interdepartmental Working Group is also approved.

Cabinet of Ministers of Ukraine – Amendments to the Issuance of Certificates of Detention

The resolution introduces changes to the existing procedure for issuing certificates of detention, in particular, adds a new sample certificate required for issuing a passport of a citizen of Ukraine who was in captivity. The bodies to which one should apply to obtain the relevant certificates are also determined.

Cabinet of Ministers of Ukraine – Simplification of Access to the Infrastructure of Electricity Facilities for Military Needs

The resolution introduces changes to the Rules for Granting Access to the Infrastructure of an Electricity Facility, simplifying the procedure for placing technical means of electronic communications for the needs of military formations under martial law. In particular, the placement of such means is allowed without prior approval and conclusion of an agreement, but with mandatory subsequent notification and execution of documents.

Decree of the President of Ukraine – Awarding the Honorary Title “Steel”

The President of Ukraine awards the honorary title “Steel” to the 32nd Separate Mechanized Brigade of the Land Forces of the Armed Forces of Ukraine. This is done to restore the historical traditions of the national army and to celebrate the exemplary performance of the tasks assigned to the brigade in the defense of Ukraine.

Decree of the President of Ukraine – Awarding the Honorary Distinction “For Courage and Bravery”

The President of Ukraine establishes the awarding of the honorary distinction “For Courage and Bravery” to the Separate Presidential Brigade named after Hetman Bohdan Khmelnytsky of the Land Forces of the Armed Forces of Ukraine for their courage and heroism during the defense of Ukraine.

Decree of the President of Ukraine – Awarding the Honorary Title “Mykolaivska”

The President of Ukraine awards the honorary title “Mykolaivska” to the 22nd Separate Mechanized Brigade of the Land Forces of the Armed Forces of Ukraine. This is done to restore the historical traditions of the national army and celebrates the exemplary performance by the brigade of its assigned tasks in the defense of Ukraine.

National Bank of Ukraine – Changes to the Procedure for Opening and Closing NBU Accounts for Clients

Resolution of the National Bank of Ukraine (NBU) No. 50 of May 1, 2025, introduces changes to the Instruction on the Procedure for Opening and Closing NBU Accounts for Clients. The changes concern the exclusion of one of the paragraphs that regulated the procedure for opening and closing accounts.

Ministry of Health of Ukraine – Technical Amendments to the List of Medical Equipment and the Procedure for Maintaining the Register

The order introduces technical amendments to two previous orders of the Ministry of Health. The first concerns the list of medical equipment, and the second concerns the procedure for maintaining the register of business entities in the field of healthcare in the electronic system. The changes aim to eliminate inaccuracies and improve the consistency of regulatory acts.

Cabinet of Ministers of Ukraine – Expansion of the Powers of the State Agency for Energy Efficiency and Energy Conservation

The resolution introduces changes to the Regulations on the State Agency for Energy Efficiency and Energy Conservation of Ukraine, expanding its powers in the areas of energy efficiency, energy conservation, development of the energy service market, use of biomethane and liquid biofuels. New functions have been added regarding monitoring, maintaining registers, databases, ensuring transparency of information, supporting government bodies, and developing the energy service market.

Ministry of Health of Ukraine – List of Medical Equipment Subject to Registration

The order of the Ministry of Health of Ukraine defines the list of medical equipment that is subject to registration in the Register of Business Entities in the Field of Healthcare in the electronic healthcare system. Also, the order introduces changes to the procedure for maintaining this register, in particular regarding information about medical equipment. The most important is the approval of the list of medical equipment that is subject to registration and the definition of specific information about this equipment that must be entered into the Register.

Ministry of Health of Ukraine – Replacement of Terminology in the Procedure for Determining Institutions and Organizations

The order introduces changes to a previous order of the Ministry of Health, which defines the procedure for determining institutions and organizations that carry out work on medical and sanitary regulation of hazardous factors. The changes concern exclusively the replacement of terminology, namely the exclusion of the word “enterprises” from the list of entities to which the order applies.

Ministry of Agrarian Policy and Food of Ukraine – Amendments to the List of Orders That Have Lost Their Force

This order of the Ministry of Agrarian Policy and Food of Ukraine introduces changes to a previous order, which concerns the recognition as invalid of certain orders of the Ministry of Agrarian Policy. The changes concern the exclusion of certain clauses both in the order itself and in the annex to it.

Ministry of Internal Affairs of Ukraine – Amendments to the Procedure for Payment of Additional Remuneration to Servicemen of the National Guard

This order introduces changes to the procedure for payment of additional remuneration to servicemen of the National Guard of Ukraine during martial law. It clarifies the procedure for recording days spent in inpatient treatment or on leave for treatment after injury, which allows these periods to be taken into account when calculating additional remuneration.

Ministry of Agrarian Policy and Food of Ukraine – Cancellation of Orders on Technical Control of Agricultural Machinery

This order cancels the effect of a number of previous orders of the Ministry of Agrarian Policy that regulated the technical control of agricultural machinery. This means that the provisions contained in these canceled orders are no longer valid.

Antimonopoly Committee of Ukraine – Procedure for Processing and Protection of Personal Data

This Procedure defines how the Antimonopoly Committee of Ukraine (AMCU) and its territorial branches process and protect personal data they possess. It establishes rules for the collection, storage, use, and protection of personal information to ensure compliance with citizens’ rights to privacy.

Ministry of Health of Ukraine – Procedure for Determining Institutions That Can Conduct Work on Medical and Sanitary Regulation

This order of the Ministry of Health approves the Procedure for Determining Institutions and Organizations That Have the Right to Conduct Work on Medical and Sanitary Regulation of Hazardous Factors. It establishes the rules by which the Ministry of Health will determine which institutions and organizations can conduct research and assessment of the impact of various hazardous factors on public health.

Review of each of legal acts published today:

### **On the Accounting Price of Bank Metals**

This announcement of the National Bank of Ukraine (NBU) contains information on the accounting prices for bank metals, namely gold, silver, platinum, and palladium, as of May 12, 2025. These prices are set per one troy ounce of each metal and are used for accounting purposes.

The structure of the announcement is simple: it contains a table with codes (numeric and alphabetic), the number of troy ounces, the name of the bank metal, and its accounting price in hryvnias. It is important to note that the NBU is not obliged to buy or sell these metals at the stated prices.

The most important provision is that these accounting prices are used for internal calculations and accounting, and not for actual transactions of buying and selling bank metals by the National Bank.

### **On the Official Exchange Rate of the Hryvnia Against Foreign Currencies**

This document is an official announcement of the National Bank of Ukraine (NBU) regarding the established official exchange rates of the hryvnia against foreign currencies and special drawing rights (SDRs) for a specific date – May 12, 2025.

The structure of the document is simple: it is a table containing a list of foreign currencies and SDRs, their numeric and alphabetic codes, the number of units of currency/SDR, and the official exchange rate of the hryvnia to them. An important note is that these rates are used for accounting, NBU transactions with the State Treasury Service of Ukraine (DKSU), and in other cases provided for by law, but the NBU is not obliged to buy or sell these currencies at the stated rates.

The most important provision of this document is, in fact, the official exchange rates of the hryvnia to foreign currencies themselves, as they are a benchmark for accounting, certain transactions with the DKSU, and other cases defined by law.

### **On Amendments to the Resolution of the Central Election Commission of June 25, 2020, No. 117**

This resolution of the Central Election Commission amends the list of ordinary and special polling stations formed on a permanent basis. The changes concern specific lists of polling stations, which are given in the annexes to the resolution.

The structure of the resolution includes:

* A preamble containing references to legislative acts by which the CEC is guided.
* The operative part, which consists of three points:
* Point 1: Amendments to the list of polling stations (main part).
* Point 2: Obligation to send a copy of the resolution to the bodies maintaining the State Voter Register.
* Point 3: Publication of the resolution on the CEC website.
* Annexes 1-22, containing lists of polling stations to which changes are made.

The most important provision is point 1, as it
directly changes the list of polling stations, which may affect the organization and conduct of elections. The bodies maintaining the State Voter Register must take these changes into account in their work.

On Amendments to the Composition of Territorial Election Commissions Preparing and Conducting Local Elections

This resolution of the Central Election Commission concerns amendments to the composition of territorial election commissions that prepare and conduct local elections. The amendments are made based on submissions from local organizations of political parties regarding the replacement of their representatives in the commissions. The CEC, having considered these submissions, decided to make corresponding amendments to the composition of the TECs.

The structure of the resolution includes a preamble, which indicates the grounds for the decision (party submissions, provisions of the Election Code), and an operative part, which contains the decision to amend the composition of the TECs according to the appendices, the obligation of the TECs to inform citizens about the amendments, the sending of copies of the resolution to the regional military administrations, and the publication on the CEC website.

The most important for practical use is paragraph 1, which provides for direct amendments to the composition of the TECs, as indicated in the appendices to the resolution. Also important is paragraph 2, which obliges the TECs to inform citizens about these amendments, ensuring the transparency of the electoral process.

On Certain Issues Related to the Early Termination of Powers of a People’s Deputy of Ukraine Elected in Single-Mandate Constituency No. 59 (Donetsk Oblast)

Good day! Here is a brief overview of the resolution of the Central Election Commission regarding the early termination of the powers of a People’s Deputy of Ukraine.

1. **Essence of the Law:**
The resolution records the fact of the early termination of the powers of People’s Deputy of Ukraine Volodymyr Viktorovych Moroz, elected in single-mandate constituency No. 59 (Donetsk Oblast), due to his death. Considering the current martial law in Ukraine, the Commission postpones the issue of scheduling by-elections until the circumstances that make them impossible to conduct are eliminated.

2. **Structure and Main Provisions:**
The resolution consists of a preamble and an operative part. The preamble provides the justification for the decision with reference to the Constitution of Ukraine, the Laws of Ukraine “On Elections of People’s Deputies of Ukraine” and “On the Legal Regime of Martial Law”, as well as the Decree of the President of Ukraine on the introduction of martial law. The operative part contains the decision to take note of the fact of the early termination of the deputy’s powers, instructions to send a copy of the resolution to the Verkhovna Rada of Ukraine and the Donetsk Regional Military Administration, and to publish the resolution on the official website of the CEC.

3. **Main Provisions for Use:**
The most important
provision is the recording of the fact of termination of the people’s deputy’s powers, which is a necessary condition for further legal actions related to the representation of district No. 59 in the Verkhovna Rada of Ukraine. However, due to the martial law, the by-elections are postponed, which may affect the representation of the interests of voters of this district in the parliament.

On the Appointment of State Scholarships to Outstanding Scientists

Good day! Here is an analysis of the provided Decree of the President of Ukraine:

1. **Essence of the Decree:** Decree of the President of Ukraine No. 285/2025 appoints state scholarships to outstanding scientists for a term of two years. It specifies a list of scientists who are appointed these scholarships, indicating their full name, year of birth, academic degree, and title.

2. **Structure and Main Provisions:** The Decree consists of one paragraph, which contains a list of persons who are appointed state scholarships. The basis for issuing this decree is Decree of the President of Ukraine No. 906/2011 “On State Scholarships for Outstanding Figures of Science, Education, Culture and Art, Health Care, Physical Culture and Sports, and Information Sphere” with subsequent amendments. The text of the Decree contains a full list of scientists who are appointed scholarships, which is the main content of the document.

3. **Main Provisions for Use:** The most important provision of the Decree is the specific list of persons who are appointed state scholarships. This list is exhaustive and determines who will receive the scholarship for two years.

On Amendments to Certain Regulatory Legal Acts of the National Bank of Ukraine

Good day! Of course, I will help you understand this document.

**1. Essence of the Law:**

Resolution No. 52 of the National Bank of Ukraine introduces changes to regulatory legal acts governing the activities of banks under martial law. The changes concern the assessment of borrowers, management of distressed assets, calculation of credit risk, and recovery of bank activities. The purpose of the changes is to adapt the banking system to the conditions of martial law and ensure its stability.

**2. Structure and Main Provisions:**

The Resolution introduces changes to two main documents:

* Resolution of the Board of the NBU No. 23 of February 25, 2022, “On Certain Issues of the Activities of Ukrainian Banks and Banking Groups.”
* Rules for the operation of banks in connection with the introduction of martial law in Ukraine, approved by Resolution of the Board of the NBU No. 23.

The main changes include:

* Extension of the possibility not to apply certain requirements for the assessment of borrowers until January 30, 2026.
* Clarification of requirements for debt securities that banks may take into account when calculating regulatory ratios.
* Establishment of deadlines for updating strategies for managing distressed assets and plans for restoring the activities of banks.
Clarification of the procedure for applying certain provisions regarding risk management.
* Clarification of the procedure for calculating the share of separate units of the bank, taking into account accessibility for people with disabilities, especially in territories where hostilities are taking place.

**3. Most important provisions for use:**

* **Extension of the terms for non-application of certain requirements for the assessment of debtors:** This gives banks more flexibility in martial law conditions, but it is important to consider that from February 1, 2026, it will be necessary to return to standard requirements.
* **Clarification of requirements for debt securities:** Banks should pay attention to the new criteria for issuers of debt securities.
* **Deadlines for updating strategies and plans:** It is important to adhere to the established deadlines for updating strategies for managing problem assets and business recovery plans, as this affects the bank’s ability to adapt to changes in the economic environment.
* **Changes regarding the calculation of the share of separate units of the bank:** Banks should take these changes into account when calculating standards regarding accessibility for people with disabilities, especially if they have units in territories where hostilities are taking place.

I hope this helps you better understand this document!

On approval of Amendments to the Instruction on the procedure for opening and closing accounts to users by payment service providers for account maintenance

Good day! Now I will explain everything to you.

1. **Essence of the Law:** Resolution No. 51 introduces changes to the Instruction on the procedure for opening and closing accounts to users by payment service providers. These changes are aimed at bringing the NBU’s regulatory legal act in line with the current legislation of Ukraine, in particular, clarifying the requirements for opening accounts for various categories of users and payment service providers.

2. **Structure and main provisions:**
* The Law amends various sections of the Instruction, namely: I, II, III, XI, XII, XIII, XIV, XV.
* Definitions and requirements for non-bank payment service providers, payment institutions, electronic money institutions and financial institutions that have the right to provide payment services are clarified.
* Changes are made regarding the opening of accounts for non-resident legal entities, their representative offices and separate divisions.
* The requirements for documents required for opening accounts are clarified.
* The issues of closing accounts of legal entities in case of their liquidation are regulated.

3. **Main provisions for use:**
* The changes apply to payment service providers (banks and non-bank institutions), as well as their clients, in particular non-resident legal entities and their representative offices.
* Payment service providers should pay attention to the new requirements for opening and closing accounts, as well as for non-residents.

Leave a comment

E-mail
Password
Confirm Password
Lexcovery
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.