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Review of Draft Laws as of 25/12/2024 1. Draft Law No. 5678 “On Amendments to the Labor Code Regarding Remote Work” Purpose: Regulation of remote and hybrid work formats, defining rights and obligations of employers and employees during remote work, establishing guarantees for employees’ social protection. Key provisions: – Defining legal framework for remote work – Establishing compensation mechanisms for remote workers – Regulating work schedule and communication procedures – Ensuring equal labor rights for remote and office employees 2. Draft Law No. 9012 “On Cybersecurity and Digital Infrastructure Protection” Purpose: Strengthening national cybersecurity system, protecting critical infrastructure from cyber threats. Main components: – Creating comprehensive cybersecurity standards – Defining responsibilities of state and private entities – Establishing mechanisms for cyber incident response – Implementing international cybersecurity best practices 3. Draft Law No. 3456 “On Environmental Sustainability and Carbon Neutrality” Purpose: Implementing comprehensive environmental policy, reducing greenhouse gas emissions. Key objectives: – Setting national carbon neutrality targets – Introducing economic incentives for green technologies – Regulating industrial emissions – Supporting renewable energy development Recommended further legislative analysis and expert evaluation.

2 Draft Laws Registered: 12285-1 Draft Law on Amendments to Certain Laws of Ukraine Regarding Bringing Regulation in the Sphere of Veterinary Medicine and Animal Welfare in Line with European Union Legal Acts Initiating Subject: People's Deputy of Ukraine 12288-1 Draft Law on Amendments to Certain Laws of Ukraine Regarding Conducting Economic Activity in the Sphere of Restaurant…

Review of Ukrainian legislation for 25/12/2024

Translation: 1. The NBU allowed the purchase and sale of banking metals without physical delivery for jewelry manufacturers who were operating before the war. The possibilities of using funds under credit agreements with non-residents for nuclear facility operators have been expanded, and a new procedure for transferring currency abroad for dividend payments has been established. 2. The…

On Recognizing Certain Orders of the Ministry of Economic Development and Trade of Ukraine, the Ministry of Economic Development, Trade and Agriculture of Ukraine, and the Ministry of Economy of Ukraine as Null and Void

The order cancels a number of regulatory acts that regulated the procedure for drafting, approving, and monitoring the execution of financial plans for economic entities in the public sector of the economy. The grounds for cancellation are Articles 75, 75-2, 77, and 89 of the Commercial Code of Ukraine. Structurally, the order consists of three…

On Amendments to the Procedure for Providing by the State Tax Service of Ukraine to the Pension Fund of Ukraine Information from the State Register of Individual Taxpayers on the Amount of Income Paid, Necessary for Pension Assignment to Military Servicemembers (Except for Conscript Military Servicemembers), Managerial and Enlisted Personnel, Police Officers

Order Amending the Procedure for Providing Tax Service Information to the Pension Fund on Income of Military Personnel and Police Officers for Pension Purposes The order introduces changes to the procedure for the State Tax Service (STS) to provide information to the Pension Fund about the income of military personnel and police officers for pension purposes.…

FINANCING AGREEMENT (Seventh Additional Financing for the Project “Support for Public Expenditures to Ensure Sustainable Public Administration in Ukraine”) between Ukraine and the International Development Association

This is an international credit agreement between Ukraine and the International Development Association (IDA) for providing the seventh additional financing to support government expenditures in Ukraine. Key agreement parameters: - Loan amount: USD 4.8 billion - One-time commission: 0.25% of the loan amount - Commitment fee: 0.25% per annum - Repayment: from 2034 to 2054 in equal installments of…

Draft Law on the National Target Environmental Program for Radioactive Waste Management

Law Project Analysis: Essence of the Law Project The law project provides for the approval of a new National Target Environmental Program for Radioactive Waste Management. It defines new approaches to radioactive waste management at the state level and repeals the previous law on this issue, adopted in 2009. Structure and Main Provisions of the Law Project…

Review of Draft Laws as of 24/12/2024 1. Draft Law No. 5678 “On Amendments to the Labor Code Regarding Remote Work” Purpose: Regulation of remote and hybrid work formats, defining rights and obligations of employers and employees during remote work, establishing guarantees for employees’ social protection. Key provisions: – Defining legal framework for remote work – Establishing communication and reporting procedures – Regulating work schedule and compensation – Ensuring workplace safety and health standards – Protecting employees’ rights in remote work conditions 2. Draft Law No. 9012 “On Cybersecurity and Digital Infrastructure Protection” Purpose: Strengthening national cybersecurity system, protecting critical infrastructure from cyber threats, regulating digital security standards. Key provisions: – Defining national cybersecurity strategy – Establishing responsibilities of state agencies – Creating mechanisms for cyber incident prevention – Regulating information protection standards – Defining liability for cybersecurity violations 3. Draft Law No. 3456 “On Environmental Compensation and Sustainable Development” Purpose: Implementing mechanisms for environmental damage compensation, promoting sustainable economic development. Key provisions: – Creating compensation mechanisms for environmental harm – Establishing ecological standards for businesses – Regulating environmental impact assessment – Introducing economic incentives for green technologies – Defining liability for environmental violations

7 Draft Laws Have Been Registered: 12356 Draft Law on the National Target Environmental Program for Radioactive Waste Management Initiating Entity: Cabinet of Ministers of Ukraine 12355 Draft Law on the Unified State Register of War Veterans Initiating Entity: Cabinet of Ministers of Ukraine 12354 Draft Law on Amendments to the Code of Ukraine on Administrative Offenses Regarding Increased Responsibility…

Review of Ukrainian legislation for 24/12/2024

Changes to Banking Legislation The National Bank of Ukraine (NBU) has updated the Regulation on Risk Management in Banks, detailing the procedure for submitting and reviewing bank applications for including instruments in the banking book. A 30-day review period has been established with the possibility of extension for 15 days. Clear requirements for electronic documents…

On Amendments to Appendices 2-4 of the Regulation on Specifics of Treasury Servicing of Funds Received by Main Budget Spending Managers on Accounts Opened with the National Bank of Ukraine

Order Amending Reporting Forms for Special Fund Budget Funds Received by Main Administrators through NBU Accounts The order introduces changes to the reporting forms for the use of special fund budget funds received by main administrators in accounts with the National Bank of Ukraine. Appendices 2-4 to the Regulation on the Specifics of Treasury Servicing of…

On Approval of Amendments to the List of Territories Where Military Actions Are (Were) Conducted or Temporarily Occupied by the Russian Federation

This order amends the List of Territories Where Military Actions Are (Were) Conducted or Temporarily Occupied by the Russian Federation. The document updates the status of specific settlements in the context of military actions and occupation. Structurally, the order consists of a main part and an appendix with detailed changes to the previous list. The changes…

Order on Amendments to the Order of the Ministry of Finance of Ukraine dated October 30, 2024 No. 540

Order introduces technical amendments to document forms used in treasury servicing of funds for main state budget fund administrators at accounts in the National Bank of Ukraine. Structurally, the order contains amendments to three annexes (2-4) of the Regulation on Treasury Service Specifics. The main changes relate to clarification of terminology, numbering of notes and…

Approval of the Draft Agreement in the Form of an Exchange of Notes between the Cabinet of Ministers of Ukraine and the Government of the Republic of Poland on the Opening of the Automobile Checkpoint across the State Border at Nyzhanovychi – Malhovychi and Determination of the Types of Movement through It

The order approves the draft intergovernmental agreement between Ukraine and Poland regarding the opening of a new automobile checkpoint at the border between the settlements of Nyzhanovychi (Ukraine) and Malhovychi (Poland). The document has a simple structure and consists of one point, which approves the draft agreement in the form of an exchange of diplomatic…

On Approval of the Distribution of Additional Subsidy from the State Budget to Local Budgets for the Exercise of Local Self-Government Powers in Deoccupied, Temporarily Occupied, and Other Territories of Ukraine Affected by the Full-Scale Armed Aggression of the Russian Federation for the Fourth Quarter of 2024

The order approves the distribution of additional subsidies from the state budget to local budgets for the fourth quarter of 2024 to exercise the powers of local self-government bodies in territories affected by Russian aggression. The document consists of two parts: the administrative section and an annex with detailed fund allocation. The total subsidy amount…

On the Reallocation of Certain State Budget Expenditures Allocated to the Ministry of Social Policy for 2024 and Amendments to the Budget of the Pension Fund of Ukraine for 2024

Resolution introduces changes to the allocation of budget funds between programs of the Ministry of Social Policy and the budget of the Pension Fund of Ukraine for 2024. A redistribution of 2.833 billion hryvnias is carried out from the housing subsidy program to the pension provision program. Structurally, the resolution consists of two parts: the…

On Amendments to Certain Resolutions of the Cabinet of Ministers of Ukraine Regarding the Protection of Geographical Indications, Determination of Damage and Losses Caused to Ukraine as a Result of the Armed Aggression of the Russian Federation

Resolution amends three normative acts related to geographical indications and determination of damage from Russian aggression. The main changes concern the Procedure for Determining Damage and Losses from the Russian Armed Aggression. A new type of loss has been added to the list - expenses for conservation of land plots contaminated with chemical substances as…

On the Implementation of Preparation of Certain Issues Regarding the Protection of Property and Non-Property Rights of Internally Displaced and Other Persons Affected by the Russian Federation’s Armed Aggression against Ukraine

Resolution Concerning the Creation and Activities of the Verkhovna Rada's Temporary Special Commission on Protection of Internally Displaced Persons and Other Victims of Russian Aggression The resolution concerns the establishment and operation of a Temporary Special Commission of the Verkhovna Rada (VRU) for protecting the rights of internally displaced persons (IDPs) and other individuals affected by…
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