Digest of Ukrainian Legislation
Notification of the National Bank of Ukraine Regarding Accounting Prices for Bank Metals
The National Bank of Ukraine sets accounting prices for bank metals such as gold, silver, platinum, and palladium. These prices are used for accounting purposes and are indicative. The NBU is not obliged to buy or sell these metals at these prices.
Notification of the National Bank of Ukraine Regarding the Official Exchange Rate of the Hryvnia
The National Bank of Ukraine establishes the official exchange rate of the hryvnia against foreign currencies and SDRs (Special Drawing Rights). These exchange rates are used for reflection in accounting records and NBU transactions with the State Treasury Service of Ukraine. The NBU does not undertake any obligation to buy or sell these currencies at the specified exchange rates.
Amendments to the Resolution of the Cabinet of Ministers of Ukraine Regarding Insurance of Military and Political Risks by the Export Credit Agency (ECA)
Amendments have been made to the procedure for insuring direct investments in Ukraine against military and political risks covered by the ECA. The list of military and political risks has been clarified, and the provision on insurance of investment loans has been excluded. The insurance amount may not exceed 85% of the investment value, expected dividends, or the value of the investment project.
Amendments to the Procedure for Using Funds from the State Decarbonization and Energy-Efficient Transformation Fund
The amendments concern an increase in the percentage of funds that can be used for specific purposes from the state decarbonization and energy-eof cost-effective transformation. The limits on the use of funds from the fund for certain areas have been increased, which may be important for organizations and institutions implementing projects in the field of decarbonization and energy efficiency.
## Changes to the list of bodies responsible for fulfilling Ukraine’s obligations in international organizations (OECD)
The Ministry for Communities, Territories and Infrastructure Development of Ukraine (MinDev) has been designated as responsible for the Committee on Regional Development Policy of the Organization for Economic Cooperation and Development (OECD). MinDev is the main body responsible for coordinating and fulfilling Ukraine’s obligations within the framework of the OECD Committee on Regional Development.
## Changes regarding the Coordination Headquarters for Emergency Response in the Energy Sector
The powers of the Coordination Headquarters have been expanded, adding to its competence issues not only of electricity supply, but also of centralized water supply, sewerage, gas supply and heat supply. Representatives of regional military administrations and Naftogaz have been included in the Coordination Headquarters. The expansion of competence allows for a more comprehensive response to crisis situations.
## Changes to the Rules of Procedure of the Cabinet of Ministers of Ukraine regarding public investment strategies
The procedure for the development, monitoring and evaluation of strategies that form the basis for the formation of proposals for public investments has been clarified. It is established that strategies that form the basis for the formation of proposals for public investments are developed in accordance with a separate procedure approved by CMU Resolution No. 361. Responsibilities have been delineated.
Review of each of legal acts published today:
### **On the accounting price of bank metals**
This announcement by the National Bank of Ukraine establishes the accounting prices for bank metals (gold, silver, platinum, and palladium) for March 30, 2026. These prices are indicated per one troy ounce of each metal and are used for accounting purposes. It is important to note that the NBU is not obligated to buy or sell these metals at these prices.
The structure of the announcement is simple: a table with codes (numeric and alphabetic), the number of troy ounces, the name of the bank metal, and its accounting price in hryvnias.
The most important thing to understand is that these accounting prices are indicative and not binding for the purchase and sale of bank metals.
### **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 SDRs (Special Drawing Rights) for a specific date – March 30, 2026.
The structure of the document is simple: it is a table that contains 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 each of them. It is important to note that these rates are used for accounting purposes, NBU transactions with the State Treasury Service of Ukraine (DKSU), and in other cases defined by law. The NBU does not undertake any obligation to buy or sell these currencies at the indicated rates.
The most important provision of this document is the official exchange rates of the hryvnia against foreign currencies and SDRs, established by the NBU on March 30, 2026. These rates are mandatory for use in cases stipulated by the legislation of Ukraine, in particular, for accounting and certain transactions.
### **On Amendments to the Resolution of the Cabinet of Ministers of Ukraine No. 388 of April 9, 2024**
Of course, here is a brief overview of the amendments to the Resolution of the Cabinet of Ministers of Ukraine regarding insurance of military and political risks by the Export Credit Agency (ECA).
1. **Essence of Changes:** The resolution amends the current procedure for insurance (reinsurance) of direct investments in Ukraine against military and/or political risks, carried out by the Export Credit Agency. The main purpose of the changes is to clarify and specify the terms of insurance, as well as to bring them into compliance with current practice and legislation.
2. **Structure and Main Provisions:**
* The name of the resolution and the name
of its appendices to clearly define that it concerns the insurance of direct investments in Ukraine.
* The list of war and political risks covered by the ECA has been clarified.
* The provision on insurance of investment loans has been excluded, focusing on direct investment insurance.
* Amendments have been made to the procedure for determining the insured amount, which now cannot exceed 85% of the value of the investment, expected dividends, or the value of the investment project.
* The procedure for making insurance payments, which is determined by the insurance contract based on the ECA’s insurance policy and legal requirements, has been clarified.
3. **Important provisions for use:**
* Insurance (reinsurance) of investments is carried out on the basis of contracts concluded in accordance with the ECA’s insurance policy.
* The insured amount is limited to 85% of the value of the investment, dividends, or project.
* The terms of insurance payments are determined by the insurance contract, taking into account the ECA’s policy and legislation.
* Reinsurance of risks is carried out on the basis of a reinsurance agreement in accordance with the ECA’s reinsurance policy.
These changes are aimed at improving the mechanism of insurance of investments in Ukraine against war and political risks, which should contribute to attracting investments into the country’s economy.
On Amendments to the Procedure for Using Funds from the State Decarbonization and Energy Efficiency Transformation Fund
This resolution amends the Procedure for Using Funds from the State Decarbonization and Energy Efficiency Transformation Fund. The changes concern an increase in the percentage of funds that can be used for certain purposes.
**Structure and Main Provisions:**
The resolution consists of a short introductory part and two points of amendments to the Procedure for Using Funds from the State Decarbonization and Energy Efficiency Transformation Fund, approved by CMU Resolution No. 761 of June 21, 2024.
**Main Changes:**
* In subparagraph 2 of paragraph 4 of the Procedure, the number “90” has been replaced with “95”. This means that the percentage of funds that can be used for certain purposes specified in this subparagraph has been increased.
* In the eighth paragraph of paragraph 7 of the Procedure, the number “25” has been replaced with “30”. This also indicates an increase in the percentage of funds that can be directed to the purposes specified in this paragraph.
**Important Provisions for Use:**
The changes introduced by this resolution increase the limits on the use of funds from the State Decarbonization and Energy Efficiency Transformation Fund for certain areas. This may be important for organizations and institutions that plan to use the fund’s funds to implement projectin the field of decarbonization and energy efficiency.
On Amending Paragraph 5 of the List of Central Executive Authorities, Other State Bodies Responsible for the Implementation of Obligations Arising from Ukraine’s Membership in International Organizations
This resolution of the Cabinet of Ministers of Ukraine introduces changes to the list of bodies responsible for implementing Ukraine’s obligations in international organizations. In particular, it designates the Ministry for Communities, Territories and Infrastructure Development of Ukraine (Minregion) as responsible for the Regional Development Policy Committee of the Organisation for Economic Co-operation and Development (OECD).
**Structure and Main Provisions:**
The resolution consists of one paragraph that amends the existing list approved by CMU Resolution No. 1371 of September 13, 2002. The changes concern the addition of a new item to the list, which defines Minregion’s responsibility for cooperation with the OECD Committee on Regional Development Policy.
**Key Provisions for Use:**
For public authorities and other stakeholders, it is important to note that Minregion is the main body responsible for coordinating and implementing Ukraine’s obligations within the framework of the OECD Committee on Regional Development Policy. This means that all issues related to this area should be addressed to Minregion.
On Amendments to the Resolution of the Cabinet of Ministers of Ukraine No. 1033 of September 22, 2023
Good afternoon! Here is a brief overview of the changes made to the Resolution of the Cabinet of Ministers of Ukraine regarding the Coordination Center for Emergency Response in the Energy Sector.
1. **Essence of the Changes:** The resolution expands the powers of the Coordination Center, adding to its competence issues not only of electricity supply, but also of centralized water supply, sewerage, gas supply and heat supply. Also, the changes concern the inclusion of representatives of regional military administrations and “Naftogaz” in the Coordination Center.
2. **Structure and Main Provisions:**
* The name and text of the resolution have been changed to include all types of utility services.
* Representatives of “Naftogaz” and first deputy heads of regional military administrations have been added to the Coordination Center.
* The tasks of the Coordination Center have been clarified, in particular, strengthening the protection of critical infrastructure facilities.
* The procedure for the work of representatives of central executive bodies in the operational group of the Coordination Center has been regulated.
3. **The Most Important Provisions**
**Enhancements:**
* Expanding the authority of the Coordination Headquarters to encompass all key utility services enables a more comprehensive response to crisis situations.
* Including representatives from regional military administrations facilitates better coordination of actions at the regional level.
* Requiring the approval of work schedules for representatives of central executive bodies in the Situation Center of the Ministry of Internal Affairs ensures a more rapid response to emergency situations.
I hope this helps you better understand the essence of the changes!
**On Amendments to the Rules of Procedure of the Cabinet of Ministers of Ukraine**
Good day! Now I will explain everything to you.
1. **Essence of Changes:** The resolution amends the Rules of Procedure of the Cabinet of Ministers of Ukraine, clarifying the procedure for developing, monitoring, and evaluating strategies that form the basis for formulating proposals for public investments. The changes are aimed at bringing the Rules of Procedure into compliance with new requirements for strategic planning and public investment management.
2. **Structure and Main Provisions:**
* Amendments are made to §§ 56, 57, 59, and 60 of the Rules of Procedure, and a new § 57-1 is added.
* Terminology is clarified, in particular, it is determined that the strategies mentioned in the document are development strategies for the respective spheres.
* It is established that strategies that form the basis for formulating proposals for public investments are developed in accordance with a separate procedure approved by CMU Resolution No. 361 of March 25, 2026.
* Responsibilities are differentiated for methodological support in the development and implementation of various types of strategies: the Secretariat of the Cabinet of Ministers is responsible for program documents, and the Ministry of Economy is responsible for strategies that form the basis for public investments.
3. **Most Important Provisions:**
* The introduction of § 57-1, which clearly defines that strategies for public investments are developed according to a separate procedure established by CMU Resolution No. 361. This is important for understanding the procedure and requirements for such strategies.
* The division of responsibility for methodological support between the Secretariat of the Cabinet of Ministers and the Ministry of Economy, which should contribute to more effective management of the strategic planning process.
I hope this helps you better understand the essence of the changes!
**On Amendments to Paragraph 5 of the Procedure for Using Funds Provided in the State Budget to Ensure the Functioning of the Investment Attraction and Support Office**
This Resolution of the Cabinet of Ministers of Ukraine amends the procedure for using budget funds allocated to ensure the operation of the investment
regarding attraction and support of investments. The changes concern the plan for the use of these funds.
**Structure and Main Provisions:**
The resolution amends paragraph 5 of the Procedure for the Use of Funds, approved by the Resolution of the Cabinet of Ministers of Ukraine No. 489 dated April 25, 2018. The amended paragraph stipulates that the institution (office for attraction and support of investments) uses budget funds according to a plan approved by the Ministry of Economy. Importantly, this plan must include information on the amounts of both current and capital expenditures.
**Key Provisions for Use:**
The key point is the requirement that the plan for the use of funds, which is approved by the Ministry of Economy, clearly reflects the amounts of current and capital expenditures of the office for attraction and support of investments. This makes the process of using budget funds more transparent and controlled.
**On Amendments to the Resolution of the Cabinet of Ministers of Ukraine No. 1300 of December 23, 2020**
Certainly, here is a brief overview of the amendments to the Resolution of the Cabinet of Ministers of Ukraine regarding state assessment of medical technologies:
1. **Essence of the Amendments:** The resolution introduces amendments to the procedure for conducting state assessment of medical technologies, in particular, clarifying terminology, expanding the list of countries whose experience is taken into account, and introducing the concept of “added clinical benefit.” It also provides for taking into account joint clinical assessment reports of medical technologies prepared within the mechanisms of the European Union.
2. **Structure and Main Provisions:**
* Clarification of terms, such as “added clinical benefit of medical technology,” “joint clinical assessment report,” “identification of new (promising) medical technologies,” and “level of added clinical benefit of medical technologies.”
* Consideration of joint clinical assessment reports prepared within the mechanisms of the European Union.
* Expansion of the list of countries whose experience is taken into account in the assessment of medical technologies, including the United Kingdom of Great Britain and Northern Ireland.
* Introduction of the concept of “level of added clinical benefit” and its classification (substantial, significant, moderate, minor, absent, negative, uncertain).
* Publication of information on the composition of the expert committee, current and completed assessments of medical technologies, draft conclusions, and conclusions of the authorized body on the website.
* The authorized body may carry out the identification of new (promising) medical technologies.
3. **Most Important Provisions:**
* Consideration of joint clinical assessment reports prepared within the mechanisms of the European Union, which may simplify and speed up the process of assessing medical technologies in Ukraine.
