Digest of Ukrainian Legislation
Notification of the National Bank of Ukraine on Accounting Prices for Bank Metals
The National Bank of Ukraine has set accounting prices for bank metals such as gold, silver, platinum, and palladium for a specific date. These prices are used for accounting and reporting by financial institutions, but the NBU is not obliged to buy or sell these metals at the specified prices. Official prices are a guide for accounting and certain transactions but do not guarantee the possibility of buying or selling metals at this rate on the market.
Notification of the National Bank of Ukraine on the Official Exchange Rate of the Hryvnia
The National Bank of Ukraine has set the official exchange rate of the hryvnia against foreign currencies and special drawing rights (SDRs) for a specific date. These rates are used for reflection in accounting, NBU operations with the State Treasury Service of Ukraine (DKSU), and in other cases defined by law. The NBU does not undertake to buy or sell these currencies at the specified rates.
Decision of the National Security and Defense Council of Ukraine on the Application of Sanctions
The National Security and Defense Council of Ukraine has decided to apply personal special economic and other restrictive measures (sanctions) to a specific individual. The Cabinet of Ministers of Ukraine, the Security Service of Ukraine (SBU), the National Bank of Ukraine (NBU), and other bodies must ensure the implementation and monitoring of the effectiveness of these sanctions. The Ministry of Foreign Affairs of Ukraine should inform international bodies about the application of sanctions and initiate similar measures on their part.
Decree of the President of Ukraine on the Enactment of the Decision of the National Security and Defense Council of Ukraine on Sanctions
The President of Ukraine has enacted the decision of the National Security and Defense Council of Ukraine (NSDC) regarding the application of personal special economic and other restrictof restrictive measures (sanctions). The Decree effectively legalizes and puts into effect the list of sanctions approved by the National Security and Defense Council. Control over implementation is entrusted to the Secretary of the National Security and Defense Council.
Resolution of the Central Election Commission on the Replacement of a Member of the DEC
The Central Election Commission (CEC) adopted a resolution on the replacement of the deputy chairman of the Lokhvytsia City Territorial Election Commission of the Myrhorod District of the Poltava Region. The replacement took place on the basis of a submission from the local organization of the “Servant of the People” party. The CEC amended the composition of the commission, replacing one member of the commission with another representative from the same party and appointing him to the position of deputy chairman.
Resolution of the Central Election Commission on the Registration of a People’s Deputy of Ukraine
The Central Election Commission (CEC) registered Otradnova Olesia Oleksandrivna as a People’s Deputy of Ukraine, elected in the 2019 extraordinary elections on the list of the “Servant of the People” party. The decision was made on the basis of the Constitution of Ukraine, the Electoral Code of Ukraine and the Law of Ukraine “On Elections of People’s Deputies of Ukraine”. After registration, the deputy can perform his/her duties.
Decision of the National Security and Defense Council of Ukraine on the Application of Sanctions to Individuals
The National Security and Defense Council of Ukraine decided to apply personal special economic and other restrictive measures (sanctions) to individuals. The Cabinet of Ministers of Ukraine, together with other bodies, must ensure the implementation and monitoring of the effectiveness of these measures. The Ministry of Foreign Affairs of Ukraine should inform international bodies about the application of sanctions and initiate the introduction of similar measures on their part.
Decree of the President of Ukraine on the Implementation of the Decision of the National Security and Defense Council of Ukraine on Sanctions
The President of Ukraine enacted the decision of the National Security and Defense Council of Ukraine on the application of personal special
Review of each of legal acts published today:
### **On the accounting price of banking metals**
This document is a notification from the National Bank of Ukraine regarding the accounting prices for banking metals as of February 19, 2026.
**Structure and Main Provisions:**
The notification contains a table with information on the accounting prices for gold, silver, platinum, and palladium. For each metal, the numerical and alphabetical code, the number of troy ounces (1), and the accounting price in hryvnias are indicated. It is important to note that the NBU is not obligated to buy or sell these metals at the indicated prices.
**Main Provisions for Use:**
The accounting prices indicated in the notification may be used for accounting and reporting by financial institutions, as well as for other purposes defined by law or internal regulations of organizations.
### **On the official exchange rate of the hryvnia against foreign currencies**
This document is an official notification from the National Bank of Ukraine (NBU) on the establishment of the official exchange rate of the hryvnia against foreign currencies and special drawing rights (SDRs) for a specific date – February 19, 2026.
The structure of the document is simple: it is a list of foreign currencies and SDRs with their numerical and alphabetical codes, the number of currency/SDR units, and the official exchange rate of the hryvnia against them. It is important that these rates are used for reflection in accounting, NBU transactions with the State Treasury Service of Ukraine (DKSU), and in other cases defined by law.
The most important provision is that the NBU does not undertake any obligation to buy or sell these currencies at the indicated rates. This means that the official exchange rate of the hryvnia, established by the NBU, is a benchmark for accounting and certain operations, but does not guarantee the possibility of buying or selling the currency at this rate on the market.
### **On the application of personal special economic and other restrictive measures (sanctions)**
The NSDC decision concerns the application of personal special economic and other restrictive measures (sanctions) to a specific individual.
Decision structure:
1. Support for the SSU’s proposals regarding the application of sanctions.
2. Application of sanctions to an individual in accordance with the annex.
3. Obligation of the Cabinet of Ministers of Ukraine, the SSU, the NBU, and the Commission on State Awards and Heraldry to ensure the implementation and monitoring of the effectiveness of sanctions.
4. Instruction to the Ministry of Foreign Affairs of Ukraine
to form international bodies for the application of sanctions and to initiate similar measures on their part.
The most important provision is the application of sanctions to an individual identified in the annex to the decision, as well as the obligation of the relevant authorities to ensure the implementation and monitoring of these sanctions. ****
On the Decision of the National Security and Defense Council of Ukraine of February 18, 2026 “On the Application of Personal Special Economic and Other Restrictive Measures (Sanctions)”
This Decree of the President of Ukraine puts into effect the decision of the National Security and Defense Council of Ukraine (NSDC) of February 18, 2026, on the application of personal special economic and other restrictive measures (sanctions). The Decree effectively legalizes and puts into effect the list of sanctions approved by the NSDC. Control over implementation is entrusted to the Secretary of the NSDC.
The structure of the Decree consists of three short clauses: putting into effect the NSDC decision, entrusting control over implementation, and determining the date of entry into force. The Decree is accompanied by the NSDC decision itself, which contains a list of individuals and legal entities to whom sanctions are applied, as well as the types and terms of these sanctions.
The most important provision is the list of persons to whom sanctions are applied and the list of restrictive measures, as this determines the range of persons to whom the restrictions apply and the nature of these restrictions.
On Changes in the Composition of the Lokhvytsia City Territorial Election Commission of the Myrhorod District of the Poltava Oblast
Good day! I will be happy to help you understand this resolution.
1. **Essence of the Law:**
The resolution of the Central Election Commission (CEC) concerns the replacement of the deputy chairman of the Lokhvytsia City Territorial Election Commission of the Myrhorod District of the Poltava Oblast. The replacement takes place on the basis of a submission from the local organization of the “Servant of the People” party. The CEC, having considered the submission, decided to amend the composition of the commission, replacing one member of the commission with another representative from the same party and appointing him/her to the position of deputy chairman.
2. **Structure of the Law:**
The resolution consists of a preamble, which provides justifications and references to legal norms, and four clauses.
* **Preamble:** Contains references to the Electoral Code of Ukraine, the CEC’s Clarifications regarding the early termination of the powers of members of election commissions, as well as the Law of Ukraine “On the Central Election Commission.”
to the commission.”
* **Point 1:** Amends the composition of the Lokhvytsia City TEC according to the appendix to the resolution.
* **Point 2:** Obliges the Lokhvytsia City TEC to inform citizens about the changes in the composition of the commission.
* **Point 3:** Directs a copy of the resolution to the Poltava Regional Military Administration.
* **Point 4:** Obliges to publish the resolution on the official website of the CEC.
3. **Key Provisions:**
The most important provision is the decision to replace the deputy chairman of the TEC and appoint a new member to this position. This decision is based on the right of the political party that submitted the candidacy to the commission to replace its representatives. It is important that changes in the composition of the TEC be brought to the public’s attention.
**On the registration of the People’s Deputy of Ukraine Otradnova O.O., elected in the snap elections of People’s Deputies of Ukraine on July 21, 2019, in the nationwide multi-mandate electoral district**
Good day! Here is an analysis of the provided resolution of the Central Election Commission:
1. **Essence of the law:** The CEC resolution registers Otradnova Olesya Oleksandrivna as a People’s Deputy of Ukraine, elected in the snap elections of 2019 on the list of the “Servant of the People” party. The decision was made based on the Constitution of Ukraine, the Electoral Code of Ukraine, and the Law of Ukraine “On Elections of People’s Deputies of Ukraine.”
2. **Structure and Main Provisions:**
* The resolution consists of four points.
* The first point registers Otradnova O.O. as a People’s Deputy, indicating her basic data (year of birth, place of residence, party affiliation, number on the electoral list).
* The second point provides for the issuance of a temporary certificate of a People’s Deputy to her.
* The third point obliges to send a copy of the resolution to the Verkhovna Rada of Ukraine.
* The fourth point provides for the publication of the resolution on the official website of the CEC.
3. **Key Provisions for Use:**
* The fact of registration of Otradnova O.O. as a People’s Deputy of Ukraine.
* Information about the registration of the deputy is public and available on the CEC website.
* The resolution is the basis for Otradnova O.O. to receive a temporary certificate of a People’s Deputy and exercise her deputy powers.
**On the application of personal special economic and other restrictive measures (sanctions)**
The decision of the National Security and Defense Council concerns the application of personal special economic
and other restrictive measures (sanctions) against individuals. It supports the proposals of the Security Service of Ukraine regarding the application of these sanctions. The Cabinet of Ministers of Ukraine, together with other bodies, must ensure the implementation and monitoring of the effectiveness of these measures. The Ministry of Foreign Affairs of Ukraine must inform international bodies about the application of sanctions and initiate the introduction of similar measures on their part.
The structure of the decision includes four main points: support for the proposals of the SSU, the application of sanctions to individuals in accordance with the annex, ensuring the implementation and monitoring of sanctions by the Cabinet of Ministers and other bodies, and informing international partners about the application of sanctions. The annex to the decision contains a list of individuals to whom sanctions are applied.
The most important provision of this decision is the specific list of individuals to whom sanctions are applied, as this determines the direct object of the restrictive measures. Also important is the clause on ensuring the implementation and monitoring of sanctions, as the effectiveness of these measures depends on it.
On the Decision of the National Security and Defense Council of Ukraine of February 16, 2026 “On the Application of Personal Special Economic and Other Restrictive Measures (Sanctions)”
This Decree of the President of Ukraine puts into effect the decision of the National Security and Defense Council of Ukraine (NSDC) of February 16, 2026, regarding the application of personal special economic and other restrictive measures (sanctions). The decree assigns the Secretary of the NSDC to control the implementation of this decision. The decree comes into force on the day of its publication.
The structure of the Decree consists of three points: putting into effect the decision of the NSDC, assigning control over the implementation of the decision to the Secretary of the NSDC, and determining the date of entry into force of the Decree. The Decree is accompanied by the decision of the NSDC itself, which contains a list of persons to whom sanctions are applied, and a list of restrictive measures.
The most important provision of this Decree is the enactment of the NSDC decision on the application of sanctions, as this decision defines the specific restrictions imposed on certain persons.
On Amending the Decree of the President of Ukraine of May 3, 2017 No. 126/2017
This Decree of the President of Ukraine amends the list of positions that can be filled by military personnel in state bodies, in particular in the Secretof the Cabinet of Ministers of Ukraine.
**Structure and Main Provisions:**
The decree amends Decree of the President of Ukraine No. 126/2017, supplementing the section “Secretariat of the Cabinet of Ministers of Ukraine” with a new position. According to the changes, the position of “Deputy Head of the Service of the First Vice Prime Minister of Ukraine – Minister of Energy of Ukraine” may be filled by a serviceman with a rank no higher than colonel for the period of martial law.
**Key Provisions for Use:**
Most importantly, for the period of martial law, the possibility arises to appoint a serviceman to the position of Deputy Head of the Service of the First Vice Prime Minister of Ukraine – Minister of Energy of Ukraine, which may be important for ensuring stability and efficiency of management in the energy sector under martial law.
Issues of Directing the Balance of Funds of the Special Fund of the State Budget in 2026
This is an order of the Cabinet of Ministers of Ukraine regarding the reallocation of budget funds.
**Essence of the Order:**
The order provides for directing the balance of funds from the special fund of the state budget, which was accounted for as of January 1, 2026, in the amount of UAH 5,196,413.443 thousand, to the Administration of the State Service for Special Communications and Information Protection (SSSCIP). These funds are to be used for the purchase of special equipment and devices under budget program 6641160.
**Structure and Main Provisions:**
The order consists of two clauses. The first clause defines the specific amount of funds that is being redirected to the SSSCIP and the intended purpose of these funds. The second clause obliges the Ministry of Finance to make appropriate changes to the state budget schedule, taking into account the proposals of the SSSCIP.
**Key Provisions for Use:**
The most important provision is the clear definition of the amount of funds and their intended purpose – the purchase of special equipment and devices for the SSSCIP. It is also important to consider that the Ministry of Finance must make changes to the state budget schedule to implement this order.
On the Distribution of the Amount of Subvention from the State Budget to Local Budgets for Providing State Support to Persons with Special Educational Needs in 2026
Good day! I will explain the main provisions of this order of the Cabinet of Ministers of Ukraine.
1. **Essence of the Order:** The document determines how exactly the distribution will be
