New Resolution No. 996 of the Board of the National Bank of Ukraine (NBU) dated 31 December 2015 (the Resolution) introduces some changes to the existing "anti-crisis" measures introduced by the NBU.

Sayenko Kharenko acted as Ukrainian legal counsel to Citigroup, J.P. Morgan and Morgan Stanley, lead managers of the third USD 1 billion Eurobond issue by Ukraine, guaranteed by the US Agency for International Development (USAID).

The draft law was introduced to the Parliament on 5 September 2016 under registration No. 5068.

With effect from 26 March 2016, the National Bank of Ukraine (the "NBU") has excluded export-credit agency loans from cross-border loan prepayment restrictions and made several adjustments that, among other, enable the parties to modify interest payment terms of cross-border loans.

The European Union (the "EU") has adopted financial sanctions in response to Russia's military attack against Ukraine. Sanctions are an essential tool in the EU's common foreign and security policy...

The National Bank of Ukraine imposed further currency control restrictions to stabilise the foreign exchange market and prevent foreign currency outflow.

In order to prevent negative trends on Ukrainian foreign currency exchange market, the National Bank of Ukraine (the "NBU") was granted the rights (i) to introduce the mandatory sale of foreign currency proceeds; and (ii) to change the time-limits for payments under export and import transactions for a period of up to six months.

The 'Ukrainian M&A Roundtable Report' produced by CMS Cameron McKenna in conjunction with Concord Capital and our partners Mergermarket, the London-based M&A intelligence service was published recently.

he European Commission and European Intellectual Property Office ("EUIPO") have once again launched a small and medium-sized business fund ("SME Fund")...

The Verkhovna Rada of Ukraine adopted in the second reading and as a whole the law on protection of the rights of consumers of financial services (№ 1085-1), ...

Ukrainian businesses with foreign bank accounts face specific reporting obligations to the National Bank of Ukraine (NBU). Understanding when these requirements apply, what information must be disclosed, and how to comply with statistical reporting rules is essential for companies operating across borders.

Despite the ongoing war and significant challenges, the Ukrainian legal framework continues to encourage an open and flexible investment environment.

Following recent regulatory changes implementing the concept of escrow accounts into Ukrainian legislation, the National Bank of Ukraine (the NBU) developed a procedure for the opening ...

At the end of June 2021, the Ukrainian parliament adopted the Law of Ukraine "On Payment Services", which aims to modernise the payment infrastructure in Ukraine, make the payment services market more transparent and open to new players, ...

The Law of Ukraine "On Factoring" No. 4466-IX dated 3 June 2025 (the "Law") introduces a comprehensive update to existing laws governing factoring.

The National Bank of Ukraine (NBU) significantly eases the temporary currency restrictions imposed under martial law and, among other things, simplifies the terms of servicing residents...

In February-March 2018 the National Bank of Ukraine (NBU) made a number of further steps towards the relaxation of existing currency control restrictions.