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Ukraine Parliament cancels certain limitations on foreign investments and eases currency control

Ukraine - May 17 2010 On April 27, 2010 the Parliament of Ukraine passed the Law of Ukraine No. 2155-VI lifting a number of limitations on foreign investment and currency control that were introduced in November 2009 by Law No. 1533-VI, "On Amending Certain Laws of Ukraine to Overcome Negative Consequences of Financial Crisis"....

Peter Z. Teluk.


Political rally "who is better at saving Ukraine from crisis?" continues

Ukraine - December 1 2009 The recent outburst of legislative activity before the upcoming presidential elections in Ukraine has been spectacular....

Peter Z. Teluk.


National Bank of Ukraine introduces new rules on currency exchange transactions

Ukraine - November 24 2009 On November 20, 2009 regulatory changes introduced by the National Bank of Ukraine (NBU) came into effect in an attempt to limit speculation on the foreign currency exchange market and prevent the use of Ukraine’s banking system for money laundering....

Peter Z. Teluk.


National Bank of Ukraine resurrects interest rate limits for foreign loans

Ukraine - November 2 2009 On October 15, 2009 the National Bank of Ukraine (NBU) enacted Regulation No. 614, "On Certain Issues of Registration of Loan Agreements in Foreign Currency Executed Between Resident Borrowers and Non-residents."...

Peter Z. Teluk.


Ukraine’s pill for financial shockwaves?

Ukraine - August 28 2009 Since the end of 2008, Ukraine’s banking sector has faced unprecedented challenges resulting from the worldwide and regional financial crises....

Peter Z. Teluk.