Digest of Ukrainian Legislation
Regarding Accounting Prices for Bank Metals
The National Bank of Ukraine has established accounting prices for bank metals (gold, silver, platinum, palladium). These prices are indicative, calculated per troy ounce and expressed in hryvnias. It is worth remembering that the NBU is not obliged to buy or sell these metals at these prices, so they may differ from market prices.
Regarding the Official Exchange Rate of the Hryvnia
The National Bank of Ukraine has established the official exchange rate of the hryvnia against foreign currencies and SDRs. These rates are used for accounting and NBU transactions with the State Treasury Service of Ukraine. It is important to remember that the NBU does not undertake any obligation to buy or sell валюту currency at these rates, so the official rate is a guideline, not a guarantee.
Decision of the National Security and Defense Council and Presidential Decree on Sanctions (1)
The Decision of the National Security and Defense Council of Ukraine, enacted by Presidential Decree, provides for the application of sanctions to certain individuals and legal entities. The Cabinet of Ministers, the Security Service of Ukraine, and the National Bank of Ukraine must ensure the implementation and monitoring of these sanctions. The Ministry of Foreign Affairs of Ukraine must inform international bodies about the application of sanctions.
Decision of the National Security and Defense Council and Presidential Decree on Sanctions (2)
The Decision of the National Security and Defense Council of Ukraine, enacted by Presidential Decree, provides for the application of sanctions to certain individuals and legal entities. Key is the annex to the decision of the National Security and Defense Council, which contains a list of sanctioned persons and a list of restrictive measures applied to them. The Cabinet of Ministers of Ukraine, the Security Service of Ukraine, and the NBU must ensure the implementation and monitoring of the effectiveness of the applied sanctions.
Order of the Ministry of Youth and Sports of Ukraine
The Ministry of Youth and Sports of Ukraine has expanded the powers of physical health centers, entrusting them with the responsibility for the development of adaptive sports. Now these centers must provide support and development of sports opportunities for people with disabilities, organize and conduct relevant events at various levels.
Order of the State Committee for Television and Radio Broadcasting (technical amendments)
The State Committee for Television and Radio Broadcasting makes technical amendments to the order regulating the issuance of a certificate of compliance for distributors of book products. The changes concern the clarification of wording, correction of references and grammatical errors, as well as the replacement of the term “cancellation” with “termination” in the context of the certificate.
Protocol between the Governments of Ukraine and France
Amendments have been made to the Agreement between the Governments of Ukraine and France on the creation of a unified aviation safety and civil protection system. The amount of the loan has been increased to EUR 475 million, and the terms of repayment and interest rates have been clarified. The deadline for accepting contracts for financing is December 30, 2025, with possible extension by agreement of the parties.
Order of the Ministry of Justice on the Expert Appeal Board on Licensing Issues
The Ministry of Justice of Ukraine has amended the Regulation on the Expert Appeal Board on Licensing Issues, adapting it to the Law of Ukraine “On Administrative Procedure”. The changes concern the procedures for reviewing complaints, the powers of the board and terminology, in particular, the board is empowered to conduct unscheduled inspections of licensing authorities.
Order of the State Statistics Service on the Cancellation of Instructions
The State Statistics Service of Ukraine has canceled the previous order approving the instructions for completing the forms of state statistical surveys on commodity markets statistics. This means that these instructions are no longer valid and may affect the procedure for collecting and processing statistical information on commodity markets.
Order of the State Committee for Television and Radio Broadcasting on the Certificate of Compliance
The State Committee for Television and Radio Broadcasting is amending the procedure for issuing a certificate of compliance for distributors of book products. The changes concern the replacement of the term “cancellation” with “termination”, clarification of the procedures for submitting documents, informing the applicant about the deficiencies and sending copies of decisions.
Order of the Pension Fund of Ukraine on the Provision of Information to the SBI (1)
The Pension Fund of Ukraine has approved the procedure for providing the State Bureau of Investigation with information from the register of insured persons in electronic form. This is necessary to provide the SBI with information for their work, in particular, on the sources of income of insured persons.
Resolution of the Pension Fund of Ukraine on the Provision of Information to the SBI (2)
The Pension Fund of Ukraine has approved the procedure by which the SBI bodies can obtain information from the register of insured persons, including the procedures for submitting and processing requests, the format for providing information, and the requirements for the protection of personal data. Information is provided only upon requests from authorized SBI officials.
Amendments to the Procedure for Submitting Notifications of State Aid
Amendments have been made to the Procedure for Submitting Notifications of State Aid in Ukraine, in particular, the terminology has been clarified, obsolete provisions have been excluded, and the list of categories of state aid has been updated, adding new ones, such as aid for solving social and economic problems caused by the military aggression of the Russian Federation.
Amendments to the Procedure for Submitting Information on State Aid to the AMCU
Amendments have been made to the Procedure for Submitting Information on State Aid to the AMCU, which concern the procedure for submission, terms, form and requirements for information. Information is submitted annually by April 1 through an electronic account, and the providers of state aid are responsible for the accuracy of the information.
Order of the AMCU Regarding State Aid to Business Entities
The Antimonopoly Committee of Ukraine has amended the orders regarding state aid, updating the procedure for maintaining and accessing the register of state aid, as well as the procedures for submitting information. Providers of state aid are required to submit information through an electronic account using a qualified electronic signature.
Decree of the President of Ukraine on Awarding State Decorations
The President of Ukraine issued a Decree on awarding military personnel, police officers and employees of the State Emergency Service for their merits in protecting the state sovereignty and territorial integrity of Ukraine. The Decree contains lists of those awarded and the awards conferred upon them for courage, heroism and a significant contribution to ensuring the country’s security.
Review of each of legal acts published today:
### **On the Accounting Price of Banking Metals**
This announcement by the National Bank of Ukraine establishes the accounting prices for banking metals: gold, silver, platinum, and palladium, as of August 18, 2025. Prices are indicated per one troy ounce of each metal in hryvnias. It is important to note that the NBU is not obligated to buy or sell these metals at these accounting prices.
The structure of the announcement is simple: a table with codes (numeric and alphabetic), the number of troy ounces, the name of the banking metal, and its accounting price.
The most important thing to understand is that these accounting prices are indicative and may differ from the market prices at which actual transactions for the purchase and sale of banking metals are carried out.
### **On the Official Exchange Rate of the Hryvnia Against Foreign Currencies**
This document is an official announcement by the National Bank of Ukraine (NBU) on the establishment of the official exchange rate of the hryvnia against foreign currencies and SDRs (Special Drawing Rights) for a specific date – August 18, 2025.
The structure of the document is simple: it contains a table with a list of foreign currencies and SDRs, their numeric and alphabetic codes, the number of currency/SDR units, and the official exchange rate of the hryvnia to them. It is important that these rates are used for reflection in accounting, NBU transactions with the SCSA, and in other cases defined by the legislation of Ukraine.
The most important provision is that the NBU does not undertake any obligation to buy or sell these currencies at these rates. This means that the official hryvnia exchange rate set by the NBU is a guideline but does not guarantee the possibility of carrying out foreign exchange transactions at this rate.
### **On the Application of Personal Special Economic and Other Restrictive Measures (Sanctions)**
The Decision of the National Security and Defense Council of Ukraine of August 8, 2025, enacted by the Decree of the President of Ukraine, concerns the application of personal special economic and other restrictive measures (sanctions) against individuals and legal entities. This decision supports the proposals of the Cabinet of Ministers of Ukraine regarding the imposition of sanctions. It also defines the mechanism for implementing and monitoring the effectiveness of these sanctions, as well as informing international partners about their application.
The structure of the decision includes the main part, which defines support for proposals regarding sanctions, a list of individuals and legal entities to whom sanctions are applied (according to Annexes 1 and 2), as well as tasks for the Cabinet of Ministers of Ukraine, the Security Service of Ukraine, the National Bank of Ukraine, and the Ministry of Foreign Affairs of Ukraine regarding the implementation and monitoring of sanctions, as well as informing interof international partners.
The most important provision of this decision is the direct application of sanctions to individuals and legal entities identified in the annexes to the decision. The Cabinet of Ministers of Ukraine, the Security Service of Ukraine, and the National Bank of Ukraine must ensure the implementation and monitoring of these sanctions. 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. ****
On the Application of Personal Special Economic and Other Restrictive Measures (Sanctions)
The decision of the National Security and Defense Council of Ukraine of August 8, 2025, enacted by the Decree of the President of Ukraine, concerns the application of personal special economic and other restrictive measures (sanctions) to individuals and legal entities. This decision supports the proposals of the Cabinet of Ministers of Ukraine regarding the imposition of sanctions.
The structure of the decision includes:
1. Support for the proposals of the Cabinet of Ministers of Ukraine regarding the application of sanctions.
2. Application of sanctions to individuals and legal entities, the list of which is provided in the annexes to the decision.
3. Imposing on the Cabinet of Ministers of Ukraine, the Security Service of Ukraine, and the National Bank of Ukraine the obligation to ensure the implementation and monitoring of the effectiveness of the applied sanctions.
4. Instructing the Ministry of Foreign Affairs of Ukraine to inform the competent authorities of other states about the application of sanctions.
The most important for the use of this decision is the list of individuals and legal entities to whom sanctions are applied, as it defines the range of persons to whom the restrictions apply. Also important is the monitoring of the effectiveness of the applied sanctions, which should be carried out by the Cabinet of Ministers of Ukraine together with the Security Service of Ukraine and the National Bank of Ukraine.
On the Decision of the National Security and Defense Council of Ukraine of August 8, 2025 “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 August 8, 2025, regarding the application of personal special economic and other restrictive measures (sanctions). In fact, the Decree legalizes and puts into effect the NSDC decision on sanctions. Control over implementation is entrusted to the Secretary of the NSDC. The Decree comes into force from the day of its publication.
The structure of the Decree consists of three short points: putting into effect the NSDC decision, entrusting control over implementation, and determining the date of entry into force. The list of sanctions and persons to whom they apply should be contained in the annex to the NSDC decision, which is put into effect by this Decree.
The most important for practical application is the NSDC decision itself,
which contains a list of individuals subject to sanctions and a list of restrictive measures. Without analyzing this decision, it is impossible to assess the full impact of the Decree.
On the Decision of the National Security and Defense Council of Ukraine of August 8, 2025 “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 August 8, 2025, regarding the application of personal special economic and other restrictive measures (sanctions). In fact, the Decree legalizes and puts into effect the list of sanctions approved by the NSDC. Control over execution is entrusted to the Secretary of the NSDC.
The structure of the Decree is very simple: it consists of three articles that define the entry into force of the NSDC decision, assign control over execution, and establish the date of entry into force. The NSDC decision, which is an annex to the Decree, contains a specific list of individuals and/or organizations to whom sanctions are applied, as well as a list of restrictive measures.
The most important for practical application is the NSDC decision itself, which defines the list of sanctioned individuals and the list of sanctions applied to them. Without analyzing this annex, it is impossible to understand to whom exactly and what restrictions apply.
On Amendments to the Order of the Ministry of Youth and Sports of Ukraine of June 10, 2025 No. 3593
Good day! Here is a brief description of the order of the Ministry of Youth and Sports of Ukraine.
1. **Essence of the Order:** The order amends the regulations on the All-Ukrainian Center for Physical Health of the Population and on the republican, regional, city, and district centers for physical health of the population, expanding their powers and responsibilities in the field of adaptive sports development. In fact, this means that physical health centers are now officially responsible for supporting and developing sports opportunities for people with disabilities at various levels.
2. **Structure and Main Provisions:**
* The order amends two main documents: the Regulation on the All-Ukrainian Center for Physical Health of the Population and the Regulation on the Republican (Autonomous Republic of Crimea), Regional, Kyiv and Sevastopol City Center for Physical Health of the Population, City, District in the City, Settlement, Rural Center for Physical Health of the Population.
* Key changes include additions to the tasks of physical health centers, namely: ensuring the development of adaptive sports at the all-Ukrainian and local levels, as well as organizing and conducting relevant events.
* Changes are made by adding new clauses and paragraphs to existing provisions, which expand the fun
