New Guidelines On State Aid In Relation To International Financial Institutions

September 2018 – The Antimonopoly Committee of Ukraine published new guidelines on state aid dated 6 September 2018 that clarify the AMC's approach to financing provided by international financial institutions and to state and municipal guarantees securing the obligations in respect of such financing.

On 17 September 2018, the Antimonopoly Committee of Ukraine (the "AMC") published new guidelines on state aid dated 6 September 2018 (the "Guidelines") that clarify the AMC's approach to financing provided by international financial institutions ("IFIs") and to state and municipal guarantees securing the obligations in respect of such financing. While the Guidelines do not include a definition of an IFI, they do expressly mention the European Investment Bank, the European Investment Fund, the International Monetary Fund and the European Bank for Reconstruction and Development. Therefore, financing provided by these IFIs in connection with state aid falls under