Source/Date Brief description
The National Bank of Ukraine

In the course of implementation of the Law of Ukraine "On Currency and Currency Transactions," the National Bank of Ukraine (the NBU) further liberalizes currency control rules, in particular"
  • Mandatory sale requirement of FX proceeds will be revised from 50 percent to 30 percent starting from March 1, 2019;
  • Repatriation of FX dividends for 2018 will be allowed;
  • Prior reservation of UAH for the purposes of buying foreign currency is no longer required (T+1 rule is cancelled);
  • Individuals will be able to buy foreign currency online 24/7 (within a limit of UAH 150,000 per day).
For more information in Ukrainian, please click here
The National Bank of Ukraine

The NBU established procedure for postal operators to obtain a license for making transfers of national currency (UAH) without opening accounts.

For more information in Ukrainian, please click here.
The National Bank of Ukraine

The NBU enhanced the scope of using escrow accounts opened with Ukrainian banks, clarifiying that such accounts may be used for рurchasing/selling real estate.

For more information in Ukrainian, please click here.

About Dentons

Dentons is the world's first polycentric global law firm. A top 20 firm on the Acritas 2015 Global Elite Brand Index, the Firm is committed to challenging the status quo in delivering consistent and uncompromising quality and value in new and inventive ways. Driven to provide clients a competitive edge, and connected to the communities where its clients want to do business, Dentons knows that understanding local cultures is crucial to successfully completing a deal, resolving a dispute or solving a business challenge. Now the world's largest law firm, Dentons' global team builds agile, tailored solutions to meet the local, national and global needs of private and public clients of any size in more than 125 locations serving 50-plus countries.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.