Digest of Legislative Changes
Accounting Prices for Bank Metals (NBU)
The National Bank of Ukraine has established accounting prices for bank metals – gold, silver, platinum, and palladium. These prices are used for accounting and valuation of assets in bank metals. The NBU is not obliged to buy or sell these metals at the specified prices.
Official Exchange Rate of Hryvnia Against Foreign Currencies and SDR (NBU)
The National Bank of Ukraine has established the official exchange rate of the hryvnia against foreign currencies and SDR. These rates are used for accounting and NBU’s transactions with the State Treasury Service of Ukraine. The NBU is not obliged to buy or sell these currencies at the specified rates.
Order of the President of Ukraine Regarding the Delegation for Negotiations with the IBRD
The President of Ukraine issued an order to form a delegation for negotiations with the International Bank for Reconstruction and Development regarding additional financing for the “Support for Reconstruction through Smart Fiscal Governance” program. The order also approves directives for the delegation and authorizes the Minister of Finance to sign the agreement.
Resolution No. 100 on Amendments to the Regulation on Prudential Requirements for Financial Companies
Amendments have been made to the requirements for the own capital of financial companies. New minimum amounts of own capital have been established depending on the types of financial services. The procedure for including subordinated debt in the composition of own capital and the rules for deductions from own capital have been determined.
Resolution on Amendments to the Procedure for Granting Microgrants for the Creation or Development of Own Business
Opportunities have been expanded for entrepreneurs working in creative industries, the maximum amounts of microgrants have been increased for such entrepreneurs, and the list of areas for which these funds can be used has been expanded. The amount of a microgrant for creative industries can reach 1 million hryvnias, depending on the number of jobs created.
Resolution on Approval of the Procedure for Granting Approvals for Attracting Loans by State-Owned Enterprises
The procedure for obtaining approvals for attracting loans, borrowings, providing guarantees or sureties by state-owned enterprises and business companies in whose authorized capital the state owns 50% or more of shares (stakes) has been determined. This applies to both external and internal borrowings, both long-term and short-term. It is important to clearly understand which body to apply to for approval – to the Ministry of Finance or to the authorized body, depending on the type of borrowing.
Order of the Ministry of Energy of Ukraine on Amendments to the Methodology for Determining National Weighted Average Primary Energy Factors
Technical amendments have been made to Order No. 288 of July 31, 2025, which approves the Methodology for Determining National Weighted Average Primary Energy Factors. The changes concern the clarification of names, references to legislation, and correction of grammatical errors. The order comes into force after publication, but no earlier than the abolition of martial law.
Order on Approval of the Methodology for Determining National Weighted Average Primary Energy Factors
The Methodology for Determining National Weighted Average Primary Energy Factors has been approved. The methodology is necessary for assessing energy efficiency, analyzing the compliance of Ukrainian indicators with European Union standards, and calculating primary energy factors for electrical and thermal energy. The Cabinet of Ministers of Ukraine determines national weighted average primary energy factors in accordance with this Methodology and reviews them at least once every five years.
Order of the State Service for Special Communication and Information Protection No. 438 on Requirements for Legal Entities and Individual Entrepreneurs Conducting Conformity Assessment of Information Systems to the Target Security Profile
The Requirements for Legal Entities and Individual Entrepreneurs Conducting Conformity Assessment of Information, Electronic Communication, Information and Communication, and Technological Systems to the Target Security Profile have been approved. A key requirement is the availability of a license to conduct activities in the field of cryptographic and technical information protection or a permit to carry out work on technical information protection for own needs. The order is valid during martial law in Ukraine.
ECtHR Decision in the Case of “Bondar v. Ukraine”
The ECtHR found a violation of the applicants’ property rights to land plots, as they were not provided with any compensation or other redress for the lost property. The Court obliged Ukraine to restore the applicants’ property rights to the land plots or provide them with adequate compensation.
ECtHR Decision in the Case of “Horopashyn v. Ukraine”
The ECtHR found a violation of the applicant’s property rights to a land plot, which was declared invalid twenty years after its acquisition, as the applicant was deprived of property without adequate compensation. The Court emphasized that the state should bear the risk of errors committed by its authorities and provide fair compensation to individuals whose property rights have been violated as a result of such errors.
