NEWSLETTER

AUGUST-SEPTEMBER 2013

CAPITAL MARKETS

Securities Commission Approved the Procedure for Granting its Permit for Placement and Circulation of Securities Abroad

On 20 June 2013, the National Commission on Securities and the Stock Market adopted Resolution No. 1105 "On Approval of the Procedure for Granting Permit for Placement and/or Circulation of Ukrainian Issuers' Securities outside Ukraine" >>>

CORPORATE AND M&A

Shareholder Derivative Action as a Possible Protection Mechanism in the Ukrainian Corporate Legislation

On 17 September 2013, the Verkhovna Rada of Ukraine passed in the first reading the draft of the Law of Ukraine "On Amending Certain Laws of Ukraine Regarding Protection of Investors' Rights" dated 15 May 2013, registration no. 2013a >>>

PERSONAL DATA PROTECTION

Improvement of Personal Data Protection Laws

On 9 August 2013, the Order of the Ministry of Justice No.1466/5 as of 22 July 2013 on Improvements of Personal Data Protection Laws came into force >>>

SECURITIES

Introduction of the Procedure for Cancellation of the Shares Repurchased by Joint Stock Companies without the Change of the Authorized Capital Amount

On 6 August 2013, the National Securities and Stock Market Commission (the "Commission") issued Resolution No. 1415 approving the Procedure for Cancellation of the Shares Repurchased by Joint Stock Companies without the Change of the Authorized Capital Amount >>>

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