Parliament Allows Denomination of Government Domestic Loan Bonds in Foreign Currency
Pursuant to amendments to the Law of Ukraine "On Securities and Stock Market" adopted by the Ukrainian Parliament on 9 December 2011 and effective from 16 December 2011 Government Domestic Loan Bonds can be denominated in foreign currency. Prior to these changes the GDLBs could be denominated only in Ukrainian hryvnia...more

New Procedure for Changing Charter Capital of Joint-Stock Companies
Effective from 12 December 2011 Resolution of the State Commission on Securities and Stock Market Ukraine В "On Approval of the Procedure for Increase (Decrease) of Charter Capital of a Public or Private Joint-Stock Company" No.1181 dated 30 August 2011 replaced the obsolete Regulation on the Procedure of Increase (Decrease)...more

Parliament Allows Payments in Hryvnia in Cross-Border Trade
On 20 December 2011 the Ukrainian Parliament amended the Decree of the Cabinet of Ministers "On the System of Currency Regulation and Currency Control" allowing payments in hryvnia in commercial transactions between Ukrainian residents and non-residents without obtainment of individual license of the National Bank of Ukraine...more

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