NEWSLETTER

MAY 2013

AVIATION

New Rules for Granting Rights to Operate Air Routes

On 31 May 2013 the Order of the Ministry of Infrastructure No. 245 "On Approval of the Procedure for Granting and Annulling the Rights to Operate Air Routes" came into effect >>>

BANKING AND FINANCE

National Bank Extends Currency Exchange Rate Stabilization Measures and Establishes Cash Payment Limits

The National Bank of Ukraine (the "NBU") renewed the time-limits for cross-border payments and requirements for mandatory sale of foreign currency proceeds >>>


Ukraine Grants Foreign Companies Access to the National Insurance Market

On 17 May 2013 the amendments to the Law of Ukraine "On Insurance" and a number of other related legislative acts adopted in connection with the accession of Ukraine to the World Trade Organization became effective >>>

DISPUTE RESOLUTION

Case Digest: High Courts Answer Complex Legal Questions

In Ukraine, an approval of state executive or municipal authority is a necessary prerequisite to obtain title to a land plot >>>

LABOUR AND EMPLOYMENT

Implementation of the Employment of Population Law: Social Tax Refunds for New Hires

On 30 May 2013 the Resolution of the Cabinet of Ministers "On Certain Issues of Implementing Article 26 and Section 2 of Article 27 of the Employment of Population Law" No. 347 of 15 April 2013 came into effect >>>

WHITE COLLAR CRIME

President Has Signed the Law on Criminal Liability of Companies

The President of Ukraine has recently signed the Law of Ukraine "On Amendment of Certain Legislative Acts Regarding Fulfillment of Plan of Actions for Liberalization of Visa Regime for Ukraine by the European Union Regarding Liability of Legal Entities" No. 314-VII, dated 23 May 2013, which introduces the institution of applicability of criminal law measures to legal entities >>>

Asters is a full-service independent national law firm. With 17 years of experience we have one of the longest track records on the country's young legal market. Ten partners lead a 100-strong staff with 65 lawyers making us one of the largest firms in Ukraine.

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White-Collar Crime

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