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    Review of Ukrainian legislation for 05/03/2026

    Digest of Legislative Acts of Ukraine

    National Bank of Ukraine – Accounting Prices for Bank Metals (03/04/2026)

    Accounting prices for bank metals (gold, silver, platinum, palladium) are set by the NBU for accounting and reporting, valuation of assets, determination of the amount of collateral and indicative orientation in the market. It is important that these prices are not mandatory for purchase and sale by banks. Prices are indicated in hryvnias per troy ounce of each metal.

    National Bank of Ukraine – Official Exchange Rate of Hryvnia Against Foreign Currencies (03/04/2026)

    The NBU has set the official exchange rate of hryvnia against foreign currencies and SDR (special drawing rights) for March 4, 2026. These rates are used for accounting, NBU transactions with the State Treasury Service of Ukraine and other cases defined by law. The official exchange rate of hryvnia against the US dollar is 43.4548, and against the euro – 50.4597.

    CMU Resolution – Amendments to Regulatory Acts Regarding the Supply of Defense Goods

    The government has simplified the procedures for codification and supply of defense goods, in particular, technical specifications are approved by the manufacturer without the approval of the Ministry of Defense. Simplified requirements for documents for the procurement of UAVs and electronic warfare equipment, canceled the procedures of state quality assurance. The list of goods to which the peculiarities of defense procurement apply has been expanded, including military explosives, and the rules for acceptance of ammunition have been clarified.

    CMU Resolution – Amendments to the Procedures for Selecting Independent Members of Supervisory Boards of State-Owned Banks

    The Cabinet of Ministers has improved the procedures for selecting independent members of supervisory boards of state-owned banks, allowing the recruitment of candidates from the personnel reserve. The terms of payment for the services of recruitment companies have been changed, with the possibility of a guaranteed replacement of members of the supervisory board. Greater transparency of the selection process has also been ensured, in particular, by providing information to representatives of international financial organizations, with priority given to candidates with Ukrainian citizenship.

    Postano## Resolution of the CMU – Changes Regarding Electricity Consumption Limits

    The government has amended the rules for applying hourly power outage schedules. If distributed generation covers at least 80% of consumer consumption on a line during its hours of operation, outage schedules are not applied. The distribution system operator analyzes the coverage volumes and, if the criterion is not met, applies outages.

    ## Resolution of the CMU – Amendments to the Experimental Project on Strengthening Ukraine’s Air Defense

    The government has amended the experimental project to strengthen air defense, clarifying the requirements for members of air defense groups, especially regarding UAV operators and sappers. Temporary involvement of servicemen of the Territorial Defense Forces is permitted in the absence of volunteers with the necessary qualifications. Issues of interaction between air defense groups and manned aircraft have also been regulated, and the procedure for training specialists has been clarified.

    ## Decree of the President of Ukraine – Update of the Working Group on Combating Bribery in the OECD

    The President has updated the composition of the working group responsible for preparing proposals for Ukraine’s participation in the OECD Working Group on Combating Bribery in International Commercial Transactions. In fact, there has been a rotation of personnel in the working group. The changes relate to the personal composition of the working group, and not to its functions or powers.

    ## Decree of the President of Ukraine – Approval of the New Composition of the Commission on State Awards and Heraldry

    The President of Ukraine approved the new personal composition of the Commission on State Awards and Heraldry, which deals with state awards and heraldry in Ukraine. The decree repeals previous decrees relating to the composition of this Commission.

    ## Ministry of Justice of Ukraine – Termination of International Treaties within the CIS Framework

    The Ministry of Justice of Ukraine announced the termination of three international treaties within the CIS framework, relating to cooperation in the customs sphere and combating illicit drug trafficking. Two treaties terminated on the 5th.

    Review of each of legal acts published today:

    On the accounting price of bank metals

    This document is an official notification from the National Bank of Ukraine (NBU) regarding the accounting prices for bank metals as of March 4, 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 digital and letter code, the number of troy ounces (usually 1), and the accounting price in hryvnias are indicated. It is important to note that the NBU emphasizes that these prices do not obligate the bank to buy or sell these metals at the stated prices.

    **Key provisions for use:**

    The accounting prices set by the NBU can be used for:

    * Accounting and reporting of financial institutions.
    * Valuation of assets denominated in bank metals.
    * Determination of the amount of collateral or other financial instruments related to bank metals.
    * Indicative guidance in the bank metals market.

    On the official exchange rate of the hryvnia against foreign currencies

    Certainly, here is a description of the provided document:

    1. **Essence of the document:** The document contains the official exchange rate of the hryvnia against foreign currencies and SDRs (Special Drawing Rights) established by the National Bank of Ukraine (NBU) for a specific date – March 4, 2026. 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. It is important that the NBU is not obliged to buy or sell currencies at these rates.
    2. **Document structure:** The document is in the form of a table, where for each currency its digital and letter code, the number of currency/SDR units, name, and official hryvnia exchange rate are indicated. The table presents a wide list of currencies from different countries around the world, as well as SDRs.
    3. **Key provisions:** The most important is the official exchange rate of the hryvnia to the US dollar (43.4548) and the euro (50.4597), as these currencies are key in international settlements and affect economic processes in Ukraine. Also important are the exchange rates of the currencies of Ukraine’s partner countries in trade relations.

    On Amendments to Accelerate the Codification and Supply of Defense Goods to Certain Resolutions of the Cabinet of Ministers of Ukraine

    Certainly, here is an analysis of the provided legislative act:

    **1. Essence of the law:**

    This resolution amends existing regulations to accelerate the codification and supply of defense goods. The main goal is to simplify and speed up the provision of the Ukrainian military with the necessary equipment and ammunition, especially under martial law. The changes relate to codification procedures, technical specifications, procurement of unmanned systems and electronic warfare equipment, as well as the production and supply of explosives and ammunition.
    **2. Structure and Main Provisions:**

    The resolution amends three main documents:

    * Procedure for the supply of defense goods during a special period (Resolution of the Cabinet of Ministers of Ukraine No. 345 of February 25, 2015): The changes concern the codification of defense goods, where the state customer carries out codification based on the study of technical characteristics and test results. Technical specifications are approved by the manufacturer and do not require approval from the Ministry of Defense.
    * Resolution of the Cabinet of Ministers of Ukraine No. 1275 of November 11, 2022: The changes concern the procurement of unmanned systems and electronic warfare equipment. The requirements for documents for participation in the qualification selection have been simplified, and the procedures for state quality assurance have been canceled. The list of goods to which the specifics of defense procurement apply has been expanded, including military explosives.
    * Procedure for the production, procurement and supply of explosives and ammunition (Resolution of the Cabinet of Ministers of Ukraine No. 902 of July 16, 2025): The changes concern the rules for acceptance of ammunition, conducting demonstration tests and codification. In particular, the state customer carries out codification based on the technical conditions approved by the manufacturer.

    **3. Most Important Provisions:**

    * **Acceleration of codification:** Simplification of the procedure for codification of defense goods, which allows faster introduction of new samples into the staff and equipment tables.
    * **Simplification of requirements for technical specifications:** Technical specifications are approved by the manufacturer without the need for approval from the Ministry of Defense, which reduces the bureaucratic burden.
    * **Procurement of UAVs and EW:** Simplification of the procurement procedure for unmanned systems and electronic warfare equipment of domestic production, which contributes to faster provision of the military with these important means.
    * **Explosives:** Expansion of the scope of special procurement rules to military explosives.
    * **Ammunition testing:** Clarification of the rules for acceptance and testing of ammunition, which allows accelerating the process of their commissioning.

    These changes are aimed at making the process of supplying defense goods more efficient and operational, which is critical in a state of war.

    **On Amendments to the Procedures Approved by Resolutions of the Cabinet of Ministers of Ukraine No. 159 of February 13, 2019, and No. 267 of March 27, 2019**

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

    1. **Essence of the Law:**
    The resolution introduces changes to the procedures governing the selection process of independent members of supervisory boards of state-owned banks. The main goal of the changes is to improve the selection procedures, make them more flexible and efficient, and optimize the financial terms of payment for the services of recruitment companies.

    2. **Structure and Main Provisions:**
    The resolution introduces changes to two main documents:
    * Procedure for conducting a competitive selection of a company
    regarding personnel selection for identifying candidates for positions of independent members of the supervisory board of a state-owned bank (Resolution of the Cabinet of Ministers No. 159).
    * Procedure for determining candidates for positions of independent members of the supervisory board of a state-owned bank (Resolution of the Cabinet of Ministers No. 267).

    The changes concern:
    * The possibility of attracting candidates from the personnel reserve.
    * Terms of payment for the services of personnel selection companies, including a guaranteed replacement of supervisory board members in certain cases.
    * The procedure for forming a personnel reserve of candidates.
    * Transparency of the selection process, including providing information to representatives of international financial organizations.
    * Priority of candidates with Ukrainian citizenship under equal conditions.
    * Confidentiality of information about candidates.

    3. **Key Provisions for Application:**
    * **Personnel Reserve:** Expands opportunities to attract qualified candidates by allowing the use of a personnel reserve.
    * **Payment for Services:** The procedure for paying for the services of personnel selection companies has been changed, which encourages them to perform high-quality work and takes into account cases of replacement of supervisory board members.
    * **Transparency:** Ensuring the transparency of the selection process by involving representatives of international financial organizations.
    * **Priority of Ukrainian Citizens:** Gives preference to candidates with Ukrainian citizenship under otherwise equal conditions.

    I hope this helps you better understand the essence of this resolution!

    On Amending Paragraph 35 of the Procedure for Determining and Applying Maximum Limits for Electricity Consumption

    Good day! Let me explain everything to you now.

    1. **Essence of the Law:** This resolution introduces changes to the procedure for determining and applying maximum limits for electricity consumption. The changes concern the conditions under which hourly blackout schedules are not applied to lines with distributed generation.

    2. **Structure and Key Provisions:**
    * The resolution amends paragraph 35 of the Procedure for Determining and Applying Maximum Limits for Electricity Consumption, approved by Resolution of the Cabinet of Ministers No. 600 of May 24, 2024.
    * The third paragraph of paragraph 35 has been amended, which defines the conditions for not applying outage schedules to lines with distributed generation.
    * Key change: the distribution system operator does not apply outage schedules if distributed generation covers at least 80% of the consumption of consumers connected to the same line during its operating hours. The distribution system operator analyzes the actual coverage (provision) by distributed generation of the consumption volume of consumers connected to the same line with distributed generation during its operating hours. If the specified criterion is not met, the distribution system operator applies hourly blackout schedules to such lines.
    * The resolution comes into force from the date of its publication and remains in effect during martial law and six months after its termination.

    3. **
    **Most Important Provisions:**
    * **80% Criterion:** For consumers supplied by lines with distributed generation, it is important that this generation covers at least 80% of their consumption during its operating hours. This is a condition for avoiding shutdowns.
    * **Distribution System Operator Analysis:** The distribution system operator will analyze whether the 80% criterion is met. If not, outage schedules will be applied.
    * **Temporary Nature:** The resolution is valid only during martial law and for six months after its termination.

    I hope this helps you better understand this regulation!

    **On Amendments to the Procedure for Implementing an Experimental Project to Strengthen the Air Defense of the Territory of Ukraine by Involving Air Defense Groups**

    Certainly, here is an analysis of the provided act:

    1. **Essence of the Law:** This resolution amends the experimental project aimed at strengthening Ukraine’s air defense by involving air defense groups. The changes concern the clarification of terms, requirements for members of air defense groups, the procedure for their interaction with air defense command bodies, and requirements for specialist training.

    2. **Structure and Main Provisions:**
    * The resolution amends the Procedure for Implementing an Experimental Project, approved by CMU Resolution No. 699 of June 11, 2025.
    * Amendments have been made to paragraphs 6, 7, 8, and 12 of the Procedure.
    * Key changes include:
    * Clarification of the definition of the term “air defense command bodies.”
    * Expansion of the list of persons who can initiate the involvement of volunteers in air defense groups.
    * Clarification of the requirements for the training and qualifications of members of air defense groups, in particular, external pilots (operators) of UAVs and sappers.
    * Regulation of the issue of temporary involvement of military personnel of the Territorial Defense Forces in air defense groups in the absence of volunteers with the necessary qualifications.
    * Clarification of the procedure for interaction of air defense groups with piloted aircraft with the general air defense system of the Armed Forces of Ukraine.
    * Changes regarding the procedure for training specialists for air defense groups and sources of funding for such training.

    3. **Most Important Provisions:**
    * Clarification of the requirements for members of air defense groups, in particular, regarding the availability of certificates or educational documents for external pilots (operators) of UAVs and sappers.
    * Possibility of temporary involvement of military personnel of the Territorial Defense Forces in air defense groups in the absence of volunteers with the necessary qualifications.
    * Regulation of the issue of training sappers who are members of air defense groups and determining the institutions where they can undergo training.
    * Identification of sources of funding for the training of specialists for air defense groups.

    **On Amendments to the Decree of the President of Ukraine of July 28, 2022, No. 539/2022**

    Good day! Here is a brief overview of the provided Decree of the President of Ukraine:

    1. **Essence of the Law:**
    The Decree amends the previous Decree of the President of Ukraine No. 539/2022 of July 28, 2022, updating the composition of the working group responsible for developing proposals regarding Ukraine’s participation in the Working Group on Combating Bribery in International Commercial Transactions of the Organization for Economic Cooperation and Development (OECD). In fact, there is a rotation of personnel in the working group.

    3. **Structure and Main Provisions:**
    * The Decree consists of two articles: the first article amends Decree No. 539/2022, approving the new composition of the working group, and the second article determines the date of entry into force of the Decree – from the date of its publication.
    * The Annex to the Decree contains the new composition of the working group, indicating the positions and surnames of the group members. The changes concern the personal composition of the working group, not its functions or powers.

    4. **Key Provisions for Use:**
    * The Decree defines the updated list of persons responsible for preparing proposals regarding Ukraine’s participation in international anti-corruption activities within the OECD. This is important for understanding who exactly represents Ukraine in this area now.
    * For those who interact with the working group or are interested in combating corruption in international commercial transactions, it is important to consider the current composition of the group approved by this Decree.

    **Issues of the Composition of the Commission on State Awards and Heraldry**

    This Decree of the President of Ukraine approves the new personal composition of the Commission on State Awards and Heraldry. The Commission deals with issues of state awards and heraldry in Ukraine. The Decree also repeals previous decrees that concerned the composition of this Commission.

    The structure of the Decree is simple: it consists of three articles, where the first approves the composition of the Commission, the second defines the previous decrees that have become invalid, and the third establishes the date of entry into force of the Decree. The Annex to the Decree contains a complete list of the members of the Commission, indicating their positions and places of work.

    The most important provision of this Decree is the approval of the new composition of the Commission on State Awards and Heraldry, as this composition will make decisions on awarding and heraldic issues.

    **Information on the Termination of International Treaties**

    Good day! Here is an analysis of the document you provided:

    1. **Essence of the Document:** The document is an official notification from the Ministry of Justice of Ukraine regarding the termination of three international treaties concerning cooperation in the customs sphere and the fight against drug trafficking within the Commonwealth of Independent States (CIS).

    2. **Structure and Main Provisions:**
    * The document is in the form of a table listing three international treaties.
    * For each treaty, the following is indicated:
    * Name of the treaty.
    * Registration code in the Unified State Register of Normative Legal Acts.
    * Information on publication in the “Official VUkraine” (in this case, it is absent).
    * Information on the termination of validity, including the date of termination and a reference to the letter from the Ministry of Foreign Affairs of Ukraine that provided the relevant information.
    * Two agreements (an agreement on the training of customs officers and a protocol on the security of customs services) will expire on August 5, 2026.
    * One agreement (on combating drug trafficking) has already been suspended on February 6, 2026.

    3. **Key provisions for use:**
    * The dates of termination of agreements are crucial for determining the legal consequences and the need to review or conclude new agreements in the relevant areas.
    * Reference to the letter from the Ministry of Foreign Affairs of Ukraine may be important for obtaining additional information or context regarding the reasons for the termination of the agreements.
    * Information about registration codes allows you to identify agreements in official registers and access their full text.

    On Approval of Amendments to the Tariffs for Services (Operations) Provided (Carried Out) by the National Bank of Ukraine in the Electronic Payment System and in the Field of Cash Management

    Good day! Here is a brief overview of the Resolution of the Board of the National Bank of Ukraine regarding changes to the tariffs for NBU services:

    1. **Essence of the Law:** The resolution amends the tariffs for services provided by the National Bank of Ukraine in the electronic payment system and in the field of cash management. In particular, it concerns the processing of payment instructions related to state aid for businesses and employees involved in emergency recovery work.

    2. **Structure and main provisions:**
    * The law changes the cost of maintaining the “Client Bank – Bank” software for clients.
    * Introduces free processing of payment instructions for one-time assistance to small businesses to ensure energy independence, as well as for payments to employees involved in emergency recovery work.
    * Establishes that for the Ministry of Finance of Ukraine, the maintenance of the client-side software of the “Client Bank – Bank” module of the ABS “BARS Millennium” software complex for accounts opened for servicing the Ministry of Finance of Ukraine within the framework of interstate and intergovernmental agreements on providing financial support to Ukraine are provided (carried out) free of charge.

    3. **Important provisions for use:**
    * **Free payment processing for government assistance:** This change may be important for entrepreneurs and employees receiving government assistance, as it reduces payment costs.
    * **Changes in software maintenance costs:** It is worth paying attention to changes in the cost of maintaining the “Client Bank – Bank” software, as this may affect the cost of services for bank customers.

    I hope this helps you better understand the essence of this act!

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