Despite capital injections and strong government support, commercial banks in Ukraine have no doubt felt the negative consequences of the economic downturn…
Anastasija V. Grynenko, Alexander S. Zadorozhnyy
The banking sector in Ukraine has suffered heavily from the financial crisis, damaged by difficulties in attracting capital and deposits, constantly growing numbers of bad loans, volatile exchange rates and currency inflation…
Taras V. Dmukhovskyy
By its Resolution No.544 On Amendments to Legislative Acts on Trading in Foreign Currency (Resolution No.544) which was adopted on 14 December 2010 and came into effect on 28 December 2010, the National Bank of Ukraine (NBU) has further reshaped the rules of operation of the Ukrainian inter-bank currency market…
Markian M. Malskyy
The use of foreign currency as a means of payment on the territory of Ukraine is rather restricted. Article 192 of the Civil Code of Ukraine determines that the legal means of payment, binding to be accepted at the nominal value on the whole territory of Ukraine is the monetary unit of Ukraine — Hryvnia…
Yevgen O. Blok, Svitlana V. Berezhna
The year of 2010 was notable for the number of loans, both foreign and domestic, raised by Ukrainian companies, their foreign subsidiaries or parent companies. As a rule, foreign and Ukrainian creditors provide loans to Ukrainian debtors subject to proper security of debtors’ obligations…
Nataliya Y. Mykolska, Anzhela M. Makhinova, Oleksandr S. Tereshchenko
Today, free-trade agreements (FTAs) are among the pillars of international trade. It is well-known that free-trade areas and customs unions facilitate free movement of goods, boost attraction of investments, exchange of technologies and are the “cornerstones” of trade liberalization…
Yaroslav A. Shkvorets
Ukrainian legislation limits the period during which foreign citizens and stateless persons can stay on the territory of Ukraine. Extension of such period requires that special formalities be observed…
Oleg P. Zagnitko
From the contractual law prospective, the factoring has been widely known but yet undefined area of activities for the Ukrainian business entities whereas current crisis makes it institutionalize swiftly…
Oleg V. Gromovoi
China seems to be the main political, economic and trade partner of Ukraine in the Asia-Pacific region. Ukraine and China have achieved great results in economic, political and humanitarian cooperation…
Being an excellent forum for all kinds of communications between leading experts in international and native legislation, VII UBA Annual Legal Forum on Legal Services Development in Ukraine - 2011 was held on 25 February at the Radisson Blu Hotel in Kiev…