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6 October 2015

Legal alert: National Bank of Ukraine implemented Sanctions of National Security and Defense Council of Ukraine

The National Bank of Ukraine (the “NBU”) adopted Resolution No.654 dated 1 October 2015 “On Ensuring Implementation and Monitoring of Efficiency of Personal Special Economic and Other Restrictive Measures (Sanctions)” (the “Resolution 654”) aimed at implementing, within Ukrainian banking and finance market, certain financial sanctions adopted by the National Security and Defense Council of Ukraine (the “NSDCU”) in September 2015. arrow

30 September 2015

Apartments in St. Petersburg’s “golden triangle” within reach for mid-level European and US Investors

European and US investors may have a substantial advantage when buying apartments in the centre of St. Petersburg. The development comes as the result of favourable RUB/EUR/USD exchange rates and the benefits provided by the city administration for investors and people living in communal apartments. arrow

16 September 2015

Legal alert: Fourth Antimonopoly Package: What’s New?

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7 September 2015

Legal alert: Further Extension and Liberalisation of the FX Restrictions adopted by the National Bank of Ukraine

The National Bank of Ukraine (the “NBU”) has adopted resolution No.581 dated 3 September 2015 (the “Resolution 581”) aimed at stabilisation of the situation on Ukrainian FX market. According to the Resolution 581, the NBU has generally extended all of the previously existing temporary restrictions. The Resolution 581 shall be effective as of 4 September 2015 until 4 December 2015. arrow

31 August 2015

Legal alert: Ukraine: Trademarks Searches Are Free Almost

On August 21, 2015, the Ukrainian Patent Office granted free access to its on-line database of pending trademarks applications atwww.base.uipv.org. arrow

7 August 2015

Legal alert: Ukraine ratifies Double Tax Treaty with Ireland

Ukraine has completed ratification procedures for Double Tax Treaty (“Treaty”) between Ireland and Ukraine and Protocol thereto signed on 19 April 2013. On 15 July 2015 the Ukrainian parliament approved the ratification law, subsequently signed by the President and officially published. arrow

2 July 2015

Legal alert: National Bank of Ukraine Liberates Maximum Interest Rate Limitations in Order to Facilitate Restructuring of Certain Foreign Loans Raised by Ukrainian Borrowers

The National Bank of Ukraine (the “NBU”) has adopted a resolution “On Making by Resident Borrowers of Certain Payments in Repayment of External Debt under Loans, Advances in Foreign Currency” No.409 dated 23 June 2015 (the “Resolution 409”) aimed at facilitation of restructuring by Ukrainian borrowers of certain loans raised from foreign lenders. arrow

5 June 2015

Legal alert: Further Extension of the Restrictions of the National Bank of Ukraine Aimed at Stabilisation of the Situation on Ukrainian FX Market

The National Bank of Ukraine (the “NBU”) has adopted resolution No.354 dated 3 June 2015 (the “Resolution 354”) aimed at stabilisation of the situation on Ukrainian FX market. According to the Resolution 354, the NBU has generally extended all of the restrictions introduced (or extended) by the NBU in March 2015 (as amended). The Resolution 354 shall be effective as of 4 June 2015 until 3 September 2015. arrow

14 April 2015

Legal alert: Ukraine introduces measures on deregulation and simplification of business prsctices: changes regarding registration of business

On April 5, 2015 the Law of Ukraine “On Amending Certain Legislative Acts of Ukraine with Respect to Simplification of Business Practices (deregulation)” came into force. arrow

9 April 2015

Legal Alert: Kyiv Makes a Step Towards Facilitation and Transparency of Land Allocation Procedures

Kyiv City Council, by Resolution dated 4 March 2015, adopted the new Procedure of Transfer (Granting) of Land Plots from Municipal Property in Kyiv City. arrow

9 April 2015

Legal alert: New Law on Responsibility of Banks’s Related Parties

Effective as of 8 March 2015, the new Law of Ukraine “On Introduction of Changes to Legislation of Ukraine relating to Responsibility of the Bank’s Related Parties” (the “Related Parties Law”) came into effect. The Related Parties Law is aimed at enhancing and extending the responsibility of Ukrainian banks’ related parties under the banks’ liabilities and thereby improving stability of the banking system in Ukraine. arrow

8 April 2015

Ukraine Introduces Measures on Deregulation and Simplification of Business Practices: Impact on Real Estate

On 05 April 2015, the Law of Ukraine “On Amending Certain Legislative Acts of Ukraine with Respect to Simplification of Business Practices (de-regulation)” came into force. arrow

8 April 2015

Ukraine Introduces Measures on Deregulation and Simplification of Business Practices: Impact on Agrobusiness

On 05 April 2015, the Law of Ukraine “On Amending Certain Legislative Acts of Ukraine with Respect to Simplification of Business Practices (de-regulation)” came into force. arrow

12 March 2015

New Regulations for Re-Registration of Branches and Representative Offices of Foreign Companies effective since March 16, 2015

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6 March 2015

Legal alert: Preliminary unofficial clarifications on personal data localization rules

New amendments to the Federal Law dated 27.07.2006 No. 152-FZ “On Personal Data” that inter alia introduce personal data localization rules take effect on 1 September 2015. The new rules therefore will enter into force sooner than initially announced, giving personal data operators less time to prepare for the upcoming changes. arrow

 

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