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[:uk]On Certain Issues of Information Exchange between the Ministry of Finance of Ukraine and the Pension Fund of Ukraine for the Purpose of Verification and Monitoring of State Payments.[:][:uk] Analysis of the Resolution of the Board of the Pension Fund of Ukraine No. 26-2 Analysis of the Resolution of the Board of the Pension Fund of Ukraine No. 26-2 dated September 6, 2024 Purpose of the Resolution The resolution regulates the exchange of information between the Ministry of Finance of Ukraine and the Pension Fund of Ukraine for the purpose of verification and monitoring of state payments. This ensures more effective control over the correctness and timeliness of pension payments to citizens. Legislative Basis The changes were made in accordance with the Law of Ukraine dated December 1, 2022, No. 2801-IX, which provides for adaptation to agreements between Ukraine and the European Union regarding the mutual recognition of qualified electronic trust services and the implementation of European legislation in the field of electronic identification. Main Changes to the Information Exchange Procedure Editing of Terminology: In paragraph 2, the fourth sentence of section I has changed the wording from “On Electronic Trust Services” to “On Electronic Identification and Electronic Trust Services.” This expands the scope of the term to include additional aspects of electronic identification. Supplement to Section III: A new sixth paragraph has been added after the fifth paragraph in section III with the following content: “the results of monitoring the processing of recommendations will be submitted by the 10th of each month.” This provides for regular reporting on the implementation of recommendations, improving the transparency and accountability of the monitoring processes. Paragraph Numbering: Due to the addition of a new paragraph, the previous sixth paragraph becomes the seventh. This is important for accuracy when referencing specific provisions of the document. Procedural Provisions The resolution stipulates that the changes made must be registered with the Ministry of Justice of Ukraine through the submission of the legal department of the Pension Fund of Ukraine. Entry into Force The document shall enter into force on the day of its official publication, ensuring its immediate application to the relevant information exchange processes between the involved entities. Approval and Signature The resolution is approved by the Chairman of the Board of the Pension Fund of Ukraine, Y. Kapinus, and agreed upon by key officials, including the heads of the State Special Communications and Information Protection Service of Ukraine, the First Deputy Minister of Digital Transformation of Ukraine, and the Minister of Social Policy of Ukraine. Conclusion This resolution is aimed at improving the mechanisms for information exchange between the Ministry of Finance and the Pension Fund of Ukraine, which, in turn, will contribute to more effective verification and monitoring of state payments. The changes made enhance the accuracy and timeliness of information, which is critically important for ensuring an adequate level of social […]

[:uk]On the Approval of Amendments to Certain Regulatory Legal Acts of the National Bank of Ukraine Concerning Financial Monitoring[:][:uk] Analysis of the […]

[:uk]Review of Ukrainian legislation for 15/10/2024[:][:uk] Digest of Legislative Acts Digest of Legislative Acts National Bank of Ukraine The National Bank […]

[:uk]On the adoption of the draft Law of Ukraine on amendments to certain laws of Ukraine regarding the improvement of regulation of the production and circulation of food additives.[:][:uk] Analysis of the Resolution of the Verkhovna Rada of Ukraine No. 4021-IX Analysis of the Resolution of the Verkhovna Rada of Ukraine No. 4021-IX Adoption of the Draft Law in Principle The Verkhovna Rada of Ukraine adopts in principle the draft Law of Ukraine on amendments to certain laws of Ukraine regarding the improvement of the regulation of the production and circulation of food supplements. This draft is registered under No. 11389 and was submitted by the Cabinet of Ministers of Ukraine. Revision of the Draft Law by the Committee on National Health Issues The resolution obliges the Committee of the Verkhovna Rada of Ukraine on National Health, Medical Assistance, and Medical Insurance to revise the specified draft law. This should be done taking into account the proposals and amendments from the subjects of legislative initiative, as well as the suggestions expressed in the Committee’s conclusion dated July 19, 2024. Procedure for Submission for Consideration by the Verkhovna Rada After the revision of the draft law by the Committee, it must be submitted for consideration by the Verkhovna Rada of Ukraine in the second reading. This is in accordance with part one of Article 116 of the Rules of Procedure of the Verkhovna Rada of Ukraine, which defines the procedure for the consideration of draft laws. Signature and Official Data The resolution is signed by the Chairman of the Verkhovna Rada of Ukraine R. Stefanchuk in the city of Kyiv on October 10, 2024, and is numbered 4021-IX. Main Provisions of the Draft Law Improvement of Production Regulation: The draft law provides for amendments aimed at improving the processes of production of food supplements, ensuring their compliance with quality and safety standards. Control over the Circulation of Products: Amendments are made regarding the control over the circulation of food supplements, including mechanisms for licensing and certification of products. Interaction with Market Entities: The law envisages closer interaction between state bodies and private enterprises engaged in the production and distribution of food supplements. Consumer Rights Protection: The updated legislation aims to enhance the level of consumer rights protection by ensuring transparency of information about the composition and properties of products. Objective of the Legislative Act The main objective of the proposed amendments is to create a more effective system for regulating the production and circulation of food supplements. This is intended to ensure high quality of products in the market, increase safety for consumers, and promote the development of the food supplement […]

[:uk]Review of the EU legislation for 07/10/2024 – 14/10/2024[:][:uk]Overview of Recent EU Legal Acts Commission Implementing Regulation (EU) 2024/2673 This […]