Last week the finalized version of the Ukrainian ISDA Master Agreement (“Ukrainian ISDA“) was officially published by the Independent Association of the Banks of Ukraine (available at the link). The Ukrainian ISDA is the Ukrainian law-governed template agreement for transactions with over-the-counter derivatives (i.e. derivatives which are not exchange-traded). It has been developed by Ukrainian market participants, professional associations and…
Read MoreAs 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…
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