With effect from 16 May 2023, Ukrainian borrowers are allowed to make payments from Ukraine abroad to repay and service certain cross-border loans from foreign lenders. The exempt payments should not be made prior to the payment date stipulated in the relevant loan agreement. The National Bank of Ukraine has expressly prohibited any amendments to the existing loan agreements that would shorten the payment terms thereunder.
Baker McKenzie’s Sanctions Blog published the alert titled Ukraine sanctions Russian judges on 15 June 2023. Read the article via the link here. Please also visit our Sanctions Blog for the most recent updates.
We’re pleased to present the eleventh edition of Ukrainian Laws in Wartime: Guide for International and Domestic Businesses, a brief overview of the key features of wartime legislation.
Baker McKenzie’s Sanctions Blog published the alert titled Canada Enacts Sanctions Against Moldova on 2 June 2023. Read the article via the link here. Please also visit our Sanctions Blog for the most recent updates. 
At the end of March, the Antimonopoly Committee of Ukraine published its Annual Report for 2022.The AMC focused on markets that are strategically important for the country, including the markets for: (i) electricity, (ii) natural gas, (iii) light oil products, (iv) housing and communal services, (v) construction materials (i.e., cement), (vi) medicines, (vii) real estate, (viii) information technologies, (ix) retail, and (x) other industry sectors.
Baker McKenzie’s Sanctions Blog published the alert titled Ukraine approves a new set of sanctions against Russia on 30 May 2023. Read the article via the link here. Please also visit our Sanctions Blog for the most recent updates.
On 29 May 2023, the Ukrainian Parliament approved the decision of the National Security and Defense Council of Ukraine to introduce sectoral special economic and other restrictive measures (sanctions) against the Islamic Republic of Iran.
Baker McKenzie’s Sanctions Blog published the alert titled Ukraine adds more than a thousand persons to its sanctions list on 18 May 2023. Read the article via the link here. Please also visit our Sanctions Blog for the most recent updates.
Baker McKenzie’s Sanctions Blog published the alert titled Blog Series: Sanctions Enforcement Around the World, the Ukrainian Perspective on 4 May 2023. Read the article via the link here. Please also visit our Sanctions Blog for the most recent updates.Â
Baker McKenzie’s Sanctions Blog published the alert titled Ukraine introduces a new sanctions package against Russian IT and sports industries on 24 April 2023. Read the article via the link here. Please also visit our Sanctions Blog for the most recent updates.