As Redcliffe Partners previously informed here, Ukrainian companies had to disclose their ultimate beneficial owners and ownership structure in the Ukrainian companies register until 10 October 2021. On 8 October 2021, the parliament of Ukraine adopted amendments to the Law of Ukraine “On the Prevention and Counteraction of Legalisation (Money Laundering) of Illegally Obtained Proceeds, Financing of Terrorism and Financing…
Read MoreThe Antimonopoly Committee of Ukraine (the AMCU), by its decision of 16 September 2021, imposed a fine of almost UAH 14 million (approx. EUR 0.5 million) on the State Savings Bank of Ukraine (the Oschadbank) for concentration without the clearance of the AMCU. According to the official report of the AMCU, the violation committed by the Oschadbank lies in acquiring…
Read MoreOn 15 June 2021, the Parliament of Ukraine ratified the Protocol on Amendments to the Agreement on the Avoidance of Double Taxation between Ukraine and the Netherlands (the “Protocol”). The Ministry of Foreign Affairs of Ukraine has recently announced that the relevant procedures for bringing the Protocol into force have been completed (Letter of Ministry of Foreign Affairs No 72/11-612/1-58906…
Read MoreRedcliffe Partners has got Tier 1 for Banking and Finance by IFLR 1000, 31ST edition (2021-2022 guide). Redcliffe Partners work closely with premier global law firms in London, New York, the European Union, and the CIS region. IFLR 1000 has also highly recognised Redcliffe Partners team: Oleksiy Soshenko is Highly regarded in Banking, Capital Markets: Debt, Project finance. Restructuring and…
Read MoreOn 21 July 2021, the Law of Ukraine on Amendments to the Tax Code of Ukraine and Other Laws of Ukraine on Encouraging the De-shadowing of Income and Improving Tax Culture of Citizens by Introducing a One-time (Special) Voluntary Declaration of Assets Belonging to Individuals and Payment of One-time Duty dated 15 June 2021 № 1539-IX (the Law) entered into force. An amnesty for competition…
Read MoreLeading Ukrainian law firm Redcliffe Partners is expanding its Banking & Finance practice with the hiring of a new partner, Andriy Nikiforov. Andriy is joining from Kinstellar, a major regional law firm, where he built the Ukrainian office’s banking & finance practice from scratch to reach Tier 2 according to Legal 500 and Tier 3 according to IFLR1000. Andriy has…
Read MoreOn 15 July 2021, the Ukrainian Parliament adopted at its first reading the draft law introducing the new tax framework for the gaming industry (No. 2713-д). This is one of the key steps towards the full-fledged relaunch of Ukraine’s gaming market following its ban in 2009. In order for the draft law to enter into force, it should be adopted…
Read MoreFor several decades, it was prohibited in Ukraine to alienate, or change the designated use of, certain types of the privately owned agricultural land plots used for the farming and commercial agricultural production, which impaired the rights of private landowners and affected the efficiency, liquidity and transparency of the market. This long-standing prohibition, commonly known as the “land moratorium”, is…
Read MoreWe are happy to announce that the Production Enhancement Contract (PEC) between UkrGasVydobuvannya (UGV) and Expert Petroleum has been shortlisted for the Deal of the Year award in Ukraine by CEE Legal Matters. Redcliffe Partners’ team, comprising Partner Dmytro Fedoruk and Associate Vlad Zakon, was pleased to assist UGV with the PEC deal, which was signed in April 2020. This is the…
Read MoreRedcliffe Partners is pleased to announce our new partner Sergiy Ignatovsky, who joins the firm’s leading Litigation and Restructuring practices. Sergiy is one of the top professionals in Ukraine focusing on restructurings, high-profile complex litigation and special situations. His professional background is diverse. Sergiy has previously worked for many years as a partner in the litigation groups of several leading Ukrainian…
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