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 ...

By its Resolution No. 315 (the "Resolution"), dated 12 May 2015 (effective as of 15 May 2015), the National Bank of Ukraine (the "NBU") introduced new rules of determining the affiliated persons of the banks.

By its Resolution No. 140, effective as of 5 March 2016, the National Bank of Ukraine (the "NBU") extended the terms of its currency restrictions until 8 June 2016 (inclusive).

With effect from 19 August 2016, the National Bank of Ukraine (the "NBU") abolished the requirement for Ukrainian residents to obtain a price evaluation act – an approval from State Enterprise "State Research and Information Centre for Monitoring International Commodity Markets" (Derzhzovnishinform) – to make cross-border payments for the purchase of services and IP rights from foreign residents in the amount exceeding EUR 50,000.

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, ...

By a new Resolution of the National Bank of Ukraine (the "NBU") No. 654 dated 1 October 2015 (the "Resolution") a procedure on application of sanctions was introduced.

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

New Resolution No. 718 of the Management Board of the National Bank of Ukraine ("NBU") dated 22 October 2015 (the "Resolution") enters into force as of 23 October 2015.

Sayenko Kharenko acted as a Ukrainian legal advisor to Commerzbank AG, the consent solicitation agent, in relation to solicitation of consent by PJSC Commercial Bank

Strict currency control rules in Ukraine have been eased to speed up foreign transactions between reputable companies.

Strict currency control rules in Ukraine have been eased to speed up foreign transactions between reputable companies.

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.

The National Bank of Ukraine (the "NBU") has made further steps to liberalize existing currency control rules and lift some of the restrictions in place:

On 15 November 2010 the National Bank of Ukraine (NBU) issued Letter No. 13-210/5939-20044, in which it clarified its position on the transfer of foreign currency abroad by Ukrainian residents who act as guarantors/sureties of a borrower's obligations to non-resident creditors.

On 19 November 2009, the President of Ukraine signed Law No. 1533-VI which was adopted by the Parliament of Ukraine on 23 June 2009.

Clarification on import duty has been issued by the State Customs Service of Ukraine.

On 23 November 2011, the President of Ukraine adopted Resolution No. 1070/2011 and Resolution No.1063/2011 (the "Resolutions") to regulate the activities of the newly created National Commission for Financial Service Markets Regulation (the "NCFSMR") and National Commission for Securities and Stock Market (the "NCSSM") (together the "Commissions").

Starting from 24 December 2010, Ukrainian residents (legal entities and individual entrepreneurs) must sell 50 per cent of their proceeds received in certain foreign currencies (including Euro, USD, Pound Sterling, Swiss franc, etc.).

Sayenko Kharenko has advised Mriya Agro Holding for several years in connection with USD 1.1 billion debt restructuring.