Rada adopts law on conditions for supporting renewable generation

The Verkhovna Rada has adopted bill No. 3658 on amendments to certain laws of Ukraine concerning improving the conditions for supporting the production of electricity from alternative energy sources. The corresponding decision was made at an extraordinary session of the parliament on Tuesday, July 21. Some 288 people’s deputies voted for the adoption of the … Read more

Rada votes extends moratorium on collection on currency mortgage loans until 2022

The Verkhovna Rada of Ukraine has extended the moratorium on the collection of property on foreign currency loans. According to a correspondent of Interfax-Ukraine bill No. 3640 was supported by 349 MPs. The head of the committee on finance, tax and customs policy said that the current moratorium will end in October 2020. Earlier, the … Read more

Parliament adopts law on financial markets

The Verkhovna Rada at second reading and as a whole adopted the law amending certain laws to attract investment and introduce new financial instruments (bill No. 2284), which is updated bill No. 9035 on derivatives and financial markets of the parliament of the previous convocation. According to an Interfax-Ukraine correspondent, the law was supported by … Read more

Rada adopts banking law necessary for IMF program, with 270 affirmative votes

On Wednesday, the Verkhovna Rada adopted the law necessary to conclude a new program with the International Monetary Fund (IMF) on improving banking regulation mechanisms (No. 2571-d) at the second reading. The bill was supported by 270 deputies with the required 226 votes, an Interfax-Ukraine correspondent reported. The review of the document took place according … Read more

Rada adopts bill on banks

The Verkhovna Rada of Ukraine has passed at first reading a bill on the improvement of some control mechanisms in the sphere of banking activities, which is one of two preliminary conditions for the conclusion of an agreement with the International Monetary Fund (IMF). An Interfax-Ukraine correspondent reported that 267 parliamentarians voted in favor of … Read more

Rada passes at first reading reviewed bill No. 2284 on derivatives, financial markets

Ukraine’s Verkhovna Rada passed at first reading bill No. 2284 submitted by MPs from the Servant of the People parliamentary faction, amending some Ukrainian laws with the purpose of attracting investment and introducing new financial tools, which is refined bill No. 9035 on derivatives and financial markets discussed by the parliament of the previous convocation. … Read more

Rada passes bill brining activities of energy regulator in line with Constitution requirements

Ukraine’s Verkhovna Rada has passed at second reading bill No. 2490-1 aimed at bringing the activities of the National Commission of Ukraine for Energy, Housing and Utilities Services Regulation (NCER) in line with the decision of the Constitutional Court dated June 13, 2019. Bill, the authors of which are Andriy Gerus, Andriy Zhupanin and Oleh … Read more