211 results found

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...

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.

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

The recently published IFLR1000 2017 Financial and Corporate rankings seals Sayenko Kharenko's top league position in the Ukrainian legal market. This is the ninth year running that Sayenko Kharenko has been top ranked by IFLR 1000.

The National Bank of Ukraine has introduced significant changes to foreign currency restrictions, expanding opportunities for individuals to purchase and use foreign currency, make cross-border payments, and conduct investment transactions. These regulatory amendments also provide Ukrainian companies with greater flexibility for international business operations, including new incentive-based liberalisation mechanisms and enhanced support for export activities.

The National Bank of Ukraine (NBU) enacted a series of regulations on 1 August 2025 that establish an open banking system in Ukraine and significantly improve the regulatory....

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").

The National Bank of Ukraine (the "NBU") has recently amended the Regulation on the Procedure for Obtaining Foreign Currency Loans by Residents and Extending Foreign Currency Loans by Residents to Non-Residents, approved by the resolution of the NBU Management Board dated 17 June 2004, No. 270 ("Regulation 270").