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Digest of Legislative Acts
National Bank of Ukraine – Accounting Prices for Banking Metals (October 11, 2024)
The National Bank of Ukraine has published the accounting prices for banking metals, where the price for one troy ounce of gold is 107,663.29 UAH, silver – 1,260.23 UAH, platinum – 39,407.27 UAH, and palladium – 43,155.48 UAH. It is noted that these accounting prices do not obligate the NBU to buy or sell these metals at the specified prices.
National Bank of Ukraine – Official Exchange Rate of the Hryvnia (October 11, 2024)
The NBU has published the official exchange rate of the hryvnia against foreign currencies, specifically: 41.2072 UAH per US dollar, 45.0477 UAH per euro, 53.8537 UAH per British pound. This rate is established for accounting purposes and other transactions, without obligating the NBU to buy or sell currencies at these rates.
Resolution of the Verkhovna Rada of Ukraine – Changes to the Composition of Committees (October 9, 2024)
The Verkhovna Rada of Ukraine has made amendments to the previous resolution, recalling two members of parliament: Andriy Odarchenko from the Committee on Anti-Corruption Policy and Artem Dmytruk from the Committee on Law Enforcement Activities. The resolution takes effect from the moment of its adoption.
Decision of the National Security and Defense Council of Ukraine (October 8, 2024)
The National Security and Defense Council of Ukraine has adopted a decision on the application of personal special economic and other restrictive measures (sanctions), which has come into effect based on the Decree of the President of Ukraine. This decision includes sanctions against individuals and legal entities, in accordance with the appendices to the decision.
Order of the Cabinet of Ministers of Ukraine – Grant Agreement with France (October 8, 2024)
The Cabinet of Ministers of Ukraine has approved the draft Agreement on the Application of the Grant Agreement between the Government of Ukraine and the Government of the French Republic, aimed at supporting critical infrastructure in Ukraine. The First Deputy Prime Minister of Ukraine is authorized to sign the agreement.
Resolutions of the Verkhovna Rada of Ukraine – Powers of Military Administrations (October 8, 2024)
The Verkhovna Rada has determined that the heads of military administrations in the Zaporizhia region may exercise the powers of village and settlement councils during the state of martial law and for 30 days after its cancellation. The resolution also includes the approval of the temporary structure of the executive bodies of the councils.
Order of the Ministry of Community Development – Amendments to the Methodology (September 5, 2024)
The Order of the Ministry of Community Development introduces changes to the Methodology for calculating the targeted energy saving indicator in the buildings of state authorities. Certain formulations are excluded, and oversight of implementation is assigned to the relevant authorities.
Order of the Ministry of Agrarian Policy – Certification of Alcoholic Beverages (September 5, 2024)
The Order of the Ministry of Agrarian Policy approves the procedure for the certification of alcoholic beverages with registered geographical indications. Producers are required to enter into a contract with an accredited certification body and undergo the certification process, including submitting an application and undergoing inspections.
Review of each of legal acts published today:
державним сектором, а також інші економічні обмеження.
3. Відповідальність за виконання рішення
Відповідальність за реалізацію цього рішення покладено на Кабінет Міністрів України, який у співпраці з Службою Безпеки України та іншими відповідними органами забезпечить контроль за виконанням санкцій та їх моніторингом.
4. Міжнародна співпраця
Міністерство закордонних справ України має завдання інформувати міжнародні організації та інші держави про введені санкції, а також сприяти їх розширенню на міжнародному рівні.
Висновок
Рішення Ради Національної Безпеки і Оборони України від 8 жовтня 2024 року є важливим кроком у забезпеченні національної безпеки України через застосування економічних санкцій проти юридичних осіб, які можуть загрожувати державним інтересам. Впровадження даних заходів вимагатиме злагодженої роботи державних органів та міжнародної співпраці для досягнення максимальної ефективності.and enterprises, restrictions on activities in the territory of Ukraine, etc.
3. Implementation and Monitoring of Sanctions
The third point delegates the functions of implementing and monitoring the effectiveness of the applied sanctions to the Cabinet of Ministers of Ukraine, with the support of the Security Service of Ukraine and the National Bank of Ukraine. This ensures control over compliance with the sanctions and the assessment of their impact on the targeted entities and the overall situation in the economy.
4. International Information and Cooperation
The fourth point instructs the Ministry of Foreign Affairs of Ukraine to inform the competent authorities of the European Union, the United States of America, and other states about the imposition of sanctions. Furthermore, the ministry is to initiate the introduction of similar restrictive measures in these countries, thereby promoting international coordination of sanction pressure.
Appendix to the Decision
The appendix to the decision contains a list of legal entities subject to personal special economic and other restrictive measures (sanctions). This list identifies specific subjects on which sanctions are imposed and the detailed conditions for their application.
Conclusion
The decision made by the National Security and Defense Council of Ukraine is an important step in the implementation of the state’s sanction policy. It supports the proposals of the Security Service, defines specific measures for legal entities, ensures control over their implementation, and facilitates international cooperation in the field of security and economics.
On Signing the Agreement on the Application (to the Grant Agreement between the Government of Ukraine and the Government of the French Republic regarding the Assistance in the Restoration and Support of Critical Infrastructure and Priority Sectors of the Economy of Ukraine, signed on June 7, 2024) between the Government of Ukraine, represented by the Ministry of Economy of Ukraine, and Bpifrance Assurance Export, acting on behalf of and by the order of the Government of the French Republic
The Resolution of the Cabinet of Ministers of Ukraine dated October 8, 2024, No. 970-r concerns the signing of the Agreement on the Application to the Grant Agreement between the Government of Ukraine and the Government of the French Republic. This agreement aims to assist in the restoration and support of critical infrastructure and priority sectors of the economy of Ukraine.
The document approves the draft of this agreement, which is concluded between the Ministry of Economy of Ukraine and Bpifrance Assurance Export, acting on behalf of the Government of France. The First Deputy Prime Minister of Ukraine – Minister of Economy is authorized to sign the agreement.
On the Decision of the National Security and Defense Council of Ukraine dated October 8, 2024, “On the Application of Personal Special Economic and Other Restrictive Measures (Sanctions)”
The decree of the President of Ukraine enacts the decision of the National Security and Defense Council dated October 8, 2024, concerning the application of personal special economic and other restrictive measures (sanctions). Control over the implementation of this decision is entrusted to the Secretary of the National Security and Defense Council. The decree comes into force upon its publication.
On the Decision of the National Security and Defense Council of Ukraine dated October 8, 2024, “On the Application of Personal Special Economic and Other Restrictive Measures (Sanctions)”
The decree of the President of Ukraine implements the decision of the National Security and Defense Council of Ukraine dated October 8, 2024, concerning the application of personal special economic and other restrictive measures (sanctions). Control over the implementation of this decision is assigned to the Secretary of the National Security and Defense Council of Ukraine. The decree takes effect upon its publication.
On the Exercise of Powers by Heads of Military Administrations of Settlements in Vasylivskyi, Melitopolskyi, and Polohivskyi Districts of Zaporizhia Region as Provided for in Part Two of Article 10 of the Law of Ukraine “On the Legal Regime of Martial Law”
The resolution of the Verkhovna Rada of Ukraine stipulates that the heads of military administrations in the Vasylivskyi, Melitopolskyi, and Polohivskyi districts of Zaporizhia region may execute the powers of rural and settlement councils, as well as their executive committees, during the duration of martial law and for 30 days after its termination. This includes approving the temporary structure of the executive bodies of the councils and subordinating them to the councils’ apparatuses and municipal enterprises. The resolution takes effect upon its publication.
On Awarding A. Kostyra the Title of Hero of Ukraine
By the decree of the President of Ukraine, Artem Kostyra, a lieutenant colonel of the civil protection service, is posthumously awarded the title of Hero of Ukraine with the Order of “Golden Star.” This title is awarded for personal courage and heroism displayed in the defense of the state sovereignty and territorial integrity of Ukraine.
On Taking into Account the Comments Made by the State Registration Authority on the Order of the Ministry of Communities, Territories, and Infrastructure Development of Ukraine dated August 18, 2024, No. 878
The order of the Ministry of Communities, Territories, and Infrastructure Development of Ukraine dated September 5, 2024, No. 965 introduces amendments to the Methodology for Calculating the Target Indicator for Energy Savings in Buildings of State Authorities, previously approved. In particular, certain wordings related to the definition of the Methodology itself are excluded, as well as information about the timeframes related to the last four years and the Unified State Registry of Energy Service Providers. The order also stipulates that the Energy Efficiency Department must submit it for state registration, while control over its execution is left to the acting minister.
On Approving the Methodology for Calculating the Target Indicator for Energy Savings in Buildings of State Authorities
The order of the Ministry of Communities, Territories, and Infrastructure Development of Ukraine approves the Methodology for Calculating the Target Indicator for Energy Savings in Buildings of State Authorities. It is based on data from the certification of energy efficiency of buildings and defines the mechanism for calculating the energy saving indicator. The methodology includes formulas for determining total and limit energy consumption, as well as for calculating the indicator in primary energy. All energy certificates used must comply with legislative requirements, and control over the execution of the order is assigned to the Ministry.
On Approving the Procedure for the Certification of Alcoholic Beverages with Registered Geographical Indication and the Model Plan for the Certification of Alcoholic Beverages with Registered Geographical Indication
The order of the Ministry of Agrarian Policy and Food of Ukraine approves the procedure for the certification of alcoholic beverages with registered geographical indication, which defines the mechanism for certification and issuance of the relevant certificate. Producers are required to enter into a contract with an accredited certification body, undergo the certification process, and pay for the services. The process includes submitting an application, reviewing documents, approving a control plan, conducting inspections, and making a decision regarding the issuance of the certificate. Certificates are issued for a period of two to five years, with the possibility of periodic inspections. In case of discrepancies, the certification body has the right to suspend or revoke the certificate, and the producer is obliged to correct the deficiencies.[:]