Digest of Ukrainian Legislation
Notification of the National Bank of Ukraine on the Establishment of Accounting Prices for Banking Metals as of December 29, 2025:
The National Bank of Ukraine has established accounting prices for gold, silver, platinum, and palladium in hryvnias per troy ounce. These prices are used for accounting purposes only and are not binding for the purchase and sale transactions by the National Bank. The notification contains a table with codes and values for each metal but does not imply any obligations for the NBU to buy or sell at the specified prices.
Notification of the National Bank of Ukraine on the Official Exchange Rate of the Hryvnia against Foreign Currencies and SDR as of December 29, 2025:
The National Bank of Ukraine has fixed the official exchange rate of the hryvnia against foreign currencies and special drawing rights. The rates are intended for accounting and transactions with the State Treasury Service but do not obligate the NBU to buy or sell currency at these rates. The exchange rate to the US dollar is set at 42.0637, and to the euro – at 49.5552. It is important to note that these rates are used for certain operations defined by law but do not guarantee the possibility of buying or selling currency at these rates in banks or exchange offices.
Decree of the President of Ukraine on Amendments to the Regulations on the Prize of the President of Ukraine for Young Scientists:
The President of Ukraine has increased the prize amount for young scientists to 210 thousand hryvnias and fixed the number of prizes to be awarded annually – up to forty. The decree amends the current Regulations, defining new financial conditions for awarding young scientists.
Resolution of the Cabinet of Ministers of Ukraine No. 1698 of December 23, 2025, on the Redistribution of Budget Funds for Paying the Contribution to the American-Ukrainian Investment Fund for Reconstruction:
The Cabinet of Ministers of Ukraine has redistributed budget funds, reducing funding for some programs to allocate funds for paying the contribution to the American-Ukrainian Investment Fund for Reconstruction. In particular, expenditures on environmental and agricultural programs have been reduced. The state organization “Agency for Public-Private Partnership Support” is obliged to transfer funds for the payment of the contribution.
Resolution of the Cabinet of Ministers of Ukraine on Simplifying the Procedure for Transferring Energy Equipment for Lease to Operators of Electricity Distribution Systems:
The Cabinet of Ministers of Ukraine has simplified the procedure for transferring energy equipment for lease to operators of electricity distribution systems during martial law and for six months after its completion. Energy equipment (power transformers, high-voltage switches, disconnectors, bushings, power cables) will be transferred for lease without auction and for a symbolic fee – 1 hryvnia per lease object or per year.
Resolution of the Cabinet of Ministers of Ukraine on Increasing the Percentage of Compensation for Humanitarian Demining of Agricultural Land:
The Cabinet of Ministers of Ukraine has increased the percentage of compensation for humanitarian demining of agricultural land from 15% to 25%. This decision aims to stimulate more active demining of agricultural land to restore agricultural production.
Resolution of the Cabinet of Ministers of Ukraine on the Introduction of an Experimental Project on Electronic Declaration of the Right to Industrial Fishing and Research Fishing:
The Cabinet of Ministers of Ukraine has introduced an experimental project on electronic declaration of the right to industrial fishing and research fishing through the online platform “eRybalstvo” or the Unified State Web Portal of Electronic Services. Fisheries entities must submit declarations annually by November 1, and the electronic service for submitting declarations is provided free of charge. Declarations are submitted in electronic form using an electronic signature.
Resolution of the National Bank of Ukraine on Amendments to the Regulation on the Procedure for Determining the Minimum Amount of Operational Risk by Ukrainian Banks:
The National Bank of Ukraine has updated the approach to calculating operational risk, which affects the calculation of bank capital adequacy ratios. Banks need to recalculate the minimum amount of operational risk as of January 1, 2025, according to the new procedure, taking into account the new formulas for calculating the components of the business indicator.
Resolution of the National Bank of Ukraine No. 148 on the Peculiarities of Conducting the Assessment of the Sustainability of Banks and the Banking System of Ukraine in 2026:
The National Bank of Ukraine has defined the peculiarities of conducting the assessment of the sustainability of banks and the banking system of Ukraine in 2026, taking into account the conditions of armed aggression. It is allowed to submit a report on the results of the first stage of the sustainability assessment separately from the audit report. The NBU has the right to check the quality of the assessment of collateral property, involving the State Property Fund of Ukraine or self-regulatory organizations of appraisers for reviewing reports.
Resolution of the Cabinet of Ministers of Ukraine on the Redistribution of Funds from the Fund for Liquidation of the Consequences of Armed Aggression for Zaporizhzhia and Mykolaiv Regions:
The Cabinet of Ministers of Ukraine has increased the amount of funding for Zaporizhzhia and Mykolaiv regions for the restoration of infrastructure damaged by hostilities, through the redistribution of funds from the fund for liquidation of the consequences of armed aggression. Funds are allocated for the reconstruction of residential buildings and a medical building in Zaporizhzhia region, as well as for the new construction of a lyceum in Mykolaiv region.
Resolution of the Cabinet of Ministers of Ukraine on the Redistribution of Funds from the Reserve Fund of the State Budget among Regional State Administrations (Military Administrations):
The Cabinet of Ministers of Ukraine has reduced the total amount of funds allocated from the reserve fund of the state budget and redistributed the amount of funding among Vinnytsia, Zhytomyr, Poltava, Rivne, and Ternopil regional state administrations (military administrations).
Resolution of the Verkhovna Rada of Ukraine on the Approval of the Preliminary Report of the Temporary Investigative Commission on the Investigation of Possible Violations of Legislation in the Sphere of Defense of the State:
The Verkhovna Rada of Ukraine has approved the preliminary report of the Temporary Investigative Commission on the investigation of possible violations of legislation in the implementation of measures for the defense of the state. This may be the basis for transferring materials to law enforcement agencies for responding to identified violations.
Resolution of the Verkhovna Rada of Ukraine on Taking into Account the Preliminary Report of the Temporary Special Commission on Monitoring the Receipt and Use of International Military Assistance:
The Verkhovna Rada of Ukraine has taken into account the preliminary report of the Temporary Special Commission on Monitoring the Receipt and Use of International Military Assistance. The report confirms the absence of cases of improper use of international military assistance.
Decision of the National Securities and Stock Market Commission on Recognizing Certain Regulatory Legal Acts in the Field of Capital Markets as Invalid:
The National Securities and Stock Market Commission has recognized certain regulatory legal acts of the State Commission for Securities and Stock Market (SCSMS) and the National Securities and Stock Market Commission (NSSMC) as invalid. From January 1, 2026 (but no earlier than the date of official publication), these acts no longer regulate the relevant relations in the capital markets and organized commodity markets.
Order of the Security Service of Ukraine on Amendments to the Instruction on Providing One-Time Targeted Assistance to Heroes of Ukraine:
The Security Service of Ukraine has amended the internal instruction on providing one-time targeted assistance to Heroes of Ukraine for committing a distinguished heroic act. The procedure for submitting and considering applications for assistance has been clarified, and the words “in the form of residential premises” have been excluded, which may expand the forms of assistance provided.
Order of the Ministry for Communities and Territories Development of Ukraine on Making Technical Changes to the Procedure for оформлення та видачі дозволів на міжнародні перевезення автомобільним транспортом:
The Ministry for Communities and Territories Development of Ukraine has made technical amendments to the previous order concerning the procedure for оформлення та видачі дозволів на міжнародні перевезення автомобільним транспортом. The numbering of annexes has been changed, which is important for those who use the Procedure in practice.
Order of the Security Service of Ukraine on Approving the Instruction on the Procedure for Providing One-Time Targeted Assistance in the Form of Housing to Heroes of Ukraine Who Served in the SBU:
The Security Service of Ukraine has approved the Instruction that defines the procedure for providing one-time targeted assistance in the form of housing to Heroes of Ukraine who served in the SBU, or to members of their families.
Order of the Ministry for Communities and Territories Development of Ukraine on Amendments to the Procedure for оформлення і видачі дозволів на поїздку по територіях іноземних держав при здійсненні міжнародних автомобільних перевезень пасажирів і вантажів:
The Ministry for Communities and Territories Development of Ukraine has amended the Procedure for оформлення і видачі дозволів на міжнародні перевезення, introducing a new sample permit for осуществление перевезень пасажирів територією України.
Review of each of legal acts published today:
Regarding the accounting price of banking metals
This notification from the National Bank of Ukraine establishes the accounting prices for banking metals on December 29, 2025. It determines the value of one troy ounce of gold, silver, platinum, and palladium in hryvnias. These prices are used for accounting purposes and do not oblige the NBU to buy or sell these metals at the stated prices.
The structure of the notification is simple: a table with codes (numeric and alphabetic), the number of troy ounces, the name of the banking metal, and the accounting price in hryvnias. Changes compared to previous versions (if any) cannot be determined based on the provided document.
The most important provision is that these accounting prices are not binding for the purchase and sale of banking metals by the National Bank of Ukraine. They are only for accounting purposes.
Regarding the official exchange rate of the hryvnia against foreign currencies
This is a notification from the National Bank of Ukraine (NBU) regarding the official exchange rate of the hryvnia against foreign currencies and SDRs (Special Drawing Rights) for a specific date – December 29, 2025. It contains a list of currencies, their codes (numeric and alphabetic), the number of units of currency, and the official exchange rate of the hryvnia to each of them.
The structure of the notification is simple: it is a table where each currency is represented by a separate row with the corresponding data. The main provisions include fixing the official exchange rate of the hryvnia to the US dollar (42.0637), the euro (49.5552), and other currencies. It is important to note that the NBU indicates the use of these rates for accounting, transactions with the State Treasury Service of Ukraine (DKSU), and in other cases stipulated by law, without any obligation to buy or sell these currencies at the stated rates.
The most important aspect for use is that these rates are official and are used for certain transactions defined by law, but do not guarantee the possibility of buying or selling currency at these rates in banks or exchange offices.
Regarding the amendment to the Regulations on the Prize of the President of Ukraine for Young Scientists
This Decree of the President of Ukraine amends the Regulations on the Prize of the President of Ukraine for Young Scientists. The changes relate exclusively to the amount and number of prizes.
The structure of the Decree consists of two points: the first point amends the current Regulations, namely paragraph 3, and the second point determines the date of entry into force of the Decree. According to the changes, up to forty prizes will be awarded annually, each in the amount of 210 thousand hryvnias.
The most important provision of this Decree is the increase in the prize amount to 210 thousand hryvnias and the fixing of the number of prizes, which may be important for young scientists who are applying forthis award.
### **Certain Issues of Payment of a Comparable Term Contribution to the American-Ukrainian Reconstruction Investment Fund**
Good day! I am happy to help you understand this resolution.
1. **Essence of the Law:**
Resolution of the Cabinet of Ministers of Ukraine No. 1698 of December 23, 2025, is aimed at redistributing budget funds for the payment of a contribution to the American-Ukrainian Reconstruction Investment Fund. This is done by reducing the funding of some other budget programs and increasing the funding of the program related to international agreements and investment projects.
2. **Structure and Main Provisions:**
The resolution consists of four points and amendments to another order of the Cabinet of Ministers. The main provisions include:
* Redistribution of expenditures between different budget programs of the Ministry of Economy for 2025. Expenditures are reduced for programs related to nature protection, support of agriculture, land mine clearance, environmental control and fisheries.
* Expenditures are increased for the program responsible for the preparation of investment projects and the fulfillment of obligations under international agreements.
* The state organization “Agency for Public-Private Partnership Support” is obliged to transfer funds for the payment of a contribution to the American-Ukrainian Reconstruction Investment Fund.
* Amendments are made to the order of the Cabinet of Ministers of Ukraine of February 14, 2025 No. 120 regarding the distribution of funds of the special fund of the state budget.
3. **Most Important Provisions:**
* Redistribution of funds for financing the contribution to the American-Ukrainian Reconstruction Investment Fund. This indicates the priority of attracting investments for economic recovery.
* Reduction of funding for environmental and agricultural programs. This may have consequences for these industries, so it is important to monitor the efficiency of the use of the remaining funds.
* Obligation for the State Organization “Agency for Public-Private Partnership Support” regarding the transfer of funds. This defines the specific executor and mechanism for paying the contribution.
I hope this helped you better understand the essence of this resolution!
### **On Amendments to Resolutions of the Cabinet of Ministers of Ukraine No. 634 of May 27, 2022, and No. 1032 of September 22, 2023**
This resolution introduces amendments to two previous resolutions of the Cabinet of Ministers of Ukraine, which regulate the lease of state and communal property, as well as property of economic associations with a state share. The amendments concern the simplification of the procedure for transferring energy equipment to electricity distribution system operators for lease during martial law and for six months.
months after its completion.
Structurally, the resolution consists of two points that amend resolutions No. 634 and No. 1032. The main change is the introduction of a provision that allows the transfer of energy equipment (power transformers, high-voltage circuit breakers, disconnectors, bushings, power cables) that is not used for its intended purpose to electricity distribution system operators without an auction and for a symbolic fee – UAH 1 per leased object or per year. An independent valuation of such property is also not carried out.
The most important provision is the simplification of the procedure for transferring energy equipment for lease, which will allow for the prompt provision of the energy system’s needs under martial law. Also important is the fixed symbolic lease payment, which makes the lease of such equipment as accessible as possible for distribution system operators.
On Amending Paragraph 11 of the Procedure for Using Funds Provided in the State Budget to Compensate for Expenses for Humanitarian Demining of Agricultural Land
This resolution amends the procedure for using budget funds allocated to compensate for the costs of humanitarian demining of agricultural land.
**Structure and Main Provisions:**
The resolution amends only one paragraph in the existing Procedure, approved by the CMU resolution No. 284 of March 12, 2024. The change concerns an increase in the percentage of cost compensation.
**Main Provisions and Importance:**
The percentage of cost compensation for humanitarian demining of agricultural land has been changed from 15% to 25%. This is **IMPORTANT** because increasing the percentage of compensation may stimulate more active demining of agricultural land, which will contribute to the restoration of agricultural production.
On the Implementation of an Experimental Project on Declaring the Right to Industrial Fishing and Exploratory Fishing in Electronic Form
Certainly, here is a description of this act:
This resolution of the Cabinet of Ministers of Ukraine introduces an experimental project on electronic declaration of the right to industrial fishing and exploratory fishing. The purpose of the project is to simplify and speed up the declaration procedure for fisheries entities using the eRybalstvo online platform or through the Unified State Web Portal of Electronic Services. The project will last for two years from the date of entry into force of the resolution.
**Structure and Main Provisions:**
* The resolution approves the Procedure for the implementation of the experimental project, defines the participants of the project (Ministry of Economy, State Agency for Fisheries, Ministry of Digital Transformation, Ministry of Justice, SE “IFish”, JSC “PROZORRO.SALES” and fisheries entities) and their responsibilities.
* Establishes
