Ukraine approximates procedural fairness standards in antitrust proceedings with those of the EU
11 February 2019

On 7 February 2019, the Ukrainian Parliament adopted a new law (the "Law") introducing long-awaited amendments to the Laws of Ukraine "On Protection of Economic Competition" and "On the Antimonopoly Committee of Ukraine", which are aimed to ensure procedural fairness and rights of defence in antitrust proceedings in Ukraine. The Law is adopted in line with Ukraine's obligations under the Ukraine EU Association Agreement, and implements certain new mechanisms and procedures which are partially based on approaches used in the conduct of the proceedings by the European Commission.

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New currency control regime in Ukraine
17 January 2019

On 4 January, the National Bank of Ukraine (the "NBU") approved and published a number of regulations setting out a new legislative framework for Ukrainian currency control. These regulations will come into effect on 7 February 2019, along with a new law titled "On Currency and Currency Operations".

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Ukraine to hold 12 tenders for Oil & Gas Production Sharing Agreements
14 January 2019

On 18 December 2018 the Ukrainian Government approved carrying out tenders for oil & gas production sharing agreements ("PSAs").

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Zoryana Sozanska-Matviychuk has been promoted to partner and appointed as Head of the firm’s M&A practice
09 January 2019

Ukrainian law firm Redcliffe Partners is proud to announce that Zoryana Sozanska-Matviychuk has been promoted to partner and appointed as Head of the firm’s M&A practice.

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Redcliffe Partners is amongst the Top-3 law firms by both number and value of Finance and M&A deals in Ukraine during 2016-2018
19 December 2018

Redcliffe Partners is amongst the Top-3 law firms by both total number and value of Finance and M&A deals in Ukraine concluded during 2016-2018, according to Yuridicheskaya Practika's Deals Tables, which form a part of its annual research on the Top 50 Law Firms in Ukraine.

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VAT exemption for import of certain wind and solar equipment, and the simplification of land use for RES projects
12 December 2018

The Ukrainian Parliament has further supported the development of RES by granting a VAT exemption for imports of certain wind and solar equipment, as well as simplifying the land use requirements for certain land categories.

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Ukraine's parliament to consider the draft law on auctions
10 December 2018

On 4 December 2018, Parliament's Committee on Energy and Fuel Complex, Nuclear Policy and Nuclear Safety considered and approved the key provisions of the revised draft law No. 8449-д, which contemplates the introduction of renewable energy auctions in Ukraine (the "Draft Law"). The Draft Law is expected to be considered by Parliament at first reading already in December 2018. The text of the Draft Law may be subject to change during further hearings at Parliament.

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New requirements to labelling of food and beverages in Ukraine
10 December 2018

On 6 December 2018, Ukraine's Parliament adopted at the second reading bill No. 8450 "On Information for Food Products Consumers", which is based on the provisions of the EU-Ukraine Association Agreement, Regulation (EU) No 1169/2011 of the European Parliament, and of the Council of 25 October 2011 on the provision of food information to consumers and other EU law requirements.

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Geological information will beсome more transparent facilitating mining projects in Ukraine
15 November 2018

On 7 November 2018, the Cabinet of Ministers of Ukraine by its Resolution No. 939 approved "Procedure of the Use of Geological Information" (the "Resolution").

The Resolution is designed to improve the procedure for the use of geological information and enhance transparency in the data management, which is hoped to facilitate investment in the extractive industries of Ukraine.

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Svitlana Teush made a presentation on Legal Developments and Trends in the Upstream Sector at the IV Ukrainian Gas Forum
18 October 2018

At the fourth Ukrainian Gas Forum, Svitlana Teush, Counsel in Redcliffe Partners' energy and infrastructure practices, made a presentation titled "Legal Developments and Trends in the Upstream Sector".

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