Effective from 21 December 2017, the National Bank of Ukraine (the "NBU") has updated its regulations to allow the actual use of escrow accounts in Ukraine.

These changes were approved by NBU Resolution No. 61 dated 10 July 2017, which came into force on 11 July 2017 and will be effective until cancelled by the NBU.

Within the framework of its gradual liberalization policy, the National Bank of Ukraine ("NBU") introduced certain changes to the applicable currency legislation.

Within the framework of its gradual liberalization policy, the National Bank of Ukraine ("NBU") introduced certain changes to the applicable currency legislation.

The National Bank of Ukraine simplified requirements for raising loans from international financial institutions

Olexiy Soshenko, Managing Partner and Head of the Banking and Finance practice, and Counsel Olena Polyakova contributed a chapter on Ukraine to the 7th edition...

In June, the "Breathe" Charity Fund continued to make a difference in the lives of people affected by the war in Ukraine.

We refer to our law-now alert "Ukraine: sale of proceeds in foreign currency becomes mandatory" issued in connection with the Resolution of the Board of the National Bank of Ukraine "On Amendment to certain Normative Acts of the National Bank of Ukraine", dated 8 October 2010 No. 457, registered with the Ministry of Justice of Ukraine on 13 December 2010, No. 1249/18544.

Sayenko Kharenko acted as legal counsel to the European Bank for Reconstruction and Development on providing of up to the USD 20 million loan to the subsidiaries of Industrial Milk Company (IMC Group).

Sayenko Kharenko acted as Ukrainian legal counsel to Deutsche Bank as a lender and arranger of EUR 394.3 million term facility extended to Ukraine under the guarantee of the World Bank.

Sayenko Kharenko acted as a Ukrainian legal advisor to Public Joint Stock Company "State Savings Bank of Ukraine" (Oschadbank) in connection with the bank's reprofiling of USD 100 million subordinated loan...

The National Bank of Ukraine (the NBU) continues to liberalize currency control rules by adopting Resolution No. 12 dated 15 February 2018 (effective from 16 February 2018) and Resolution No.19 dated 1 March 2018 (effective from 3 March 2018).

Repatriation of dividends abroad is extended for the period through 2017 inclusive.

As a part of the ongoing liberalisation of the currency control, the National Bank of Ukraine (the "NBU") adopted Resolution No. 61 dated 10 July 2017 (effective from 11 July 2017) which lifted...

Effective from today, 13 September 2017, the National Bank of Ukraine (the "NBU") has introduced the following changes relaxing certain currency control restrictions and simplifying procedures....

9 July 2021 – On 11 July 2021, an Order of the Ministry of Finance of Ukraine dated 19 March 2021 "On approval of the Regulation on the form and content of an ownership structure" enters into force.

Sayenko Kharenko acted as the legal counsel to Alpha Bank A.E., an Athens based bank, on the EUR 82 million sale of 100% shares in PJSC "Astra Bank" to a Cyprus based entity affiliated with Mr. Mykola Lagun.