On 21 July 2020, Ukraine’s parliament, the Verkhovna Rada of Ukraine, passed in the first reading a Draft Law No. 3760 “On State Support for Investment Projects with Significant Investments” (“Draft Law”). The Draft Law was proposed by the President of Ukraine as part of his investment promotion agenda and is aimed at enabling state support for major investments in Ukraine.
On 28 April 2020 the Law of Ukraine “On Prevention and Counteraction to Legalization (Money Laundering) of the Proceeds of Crime or Terrorism Financing, as well as Financing of the Proliferation of Weapons of Mass Destruction” (Law on Financial Monitoring) enters into force and will replace the current law. The…
On 16 October 2019 the President of Ukraine signed the Law of Ukraine No. 79-IX (“Split Law”), which deals with a substantial reallocation of the regulatory powers on the financial services markets. While certain technical provisions of the Split Law came into effect on 19 October 2019, the rest of…