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IN THE KNOW.

Browse through a selection of articles from our legal experts on topics of interest to investors and businesses in our region.

Kinstellar Energy & Natural Resources Digest: Ukraine. June 2019 in Review

July 2019 – Kinstellar Energy & Natural Resources Digest Ukraine, June in Review
ELECTRICITY: New energy market in Ukraine is launched as scheduled
The new energy market began operation on 1 July 2019, despite previous discussions...

Cannabis for Medical Use: CEE Regulatory Update

June 2019 – A growing number of countries around the world are gradually legalising the use of cannabis for medical purposes.
It can be said that governments are now generally taking a more liberal approach to this product, which could significantly...

Kinstellar Energy & Natural Resources Digest Ukraine, May 2019 in Review

June 2019 – Kinstellar Energy & Natural Resources Digest Ukraine, May 2019 in Review
ELECTRICITY: Ukraine set to postpone launch of new energy market by three months
On 29 May 2019, members of parliament registered Bill No. 10343...

Kinstellar Energy & Natural Resources Digest: Ukraine. April 2019 in Review

May 2019 – Kinstellar Energy & Natural Resources Digest Ukraine, April in Review
OIL & GAS: the PSA tender is announced for the new offshore block
On 12 April 2019, the Ukrainian government adopted a decision to hold a public...

Kinstellar Energy & Natural Resources Digest Ukraine, March 2019 in Review

April 2019 – Kinstellar Energy & Natural Resources Digest Ukraine, March 2019 in Review
OIL & GAS: Third International Licencing Round to take place on 18 June 2019
On 18 March 2019, Ukraine’s State Service of Geology and Mineral...

Kinstellar Energy & Natural Resources Digest Ukraine, February 2019 in Review

March 2019 – Kinstellar Energy Digest Ukraine, February 2019 in Review
OIL & GAS: Ukraine introduces daily gas balancing as part of the natural gas market reform
From 1 March 2019, Ukraine’s gas transmission system operator, Ukrtransgaz...

Major procedural safeguards introduced for competition law enforcement in Ukraine

February 2019 – On 6 February 2019, the Ukrainian parliament adopted a law (the "Law") introducing and enhancing a number of instruments to make companies less susceptible to investigations by the Antimonopoly Committee of Ukraine (the "AMC"). The most...

New FX legislation in Ukraine gives more flexibility to international lenders and local borrowers

February 2019 – From 7 February 2019, the Law of Ukraine on Foreign Exchange and Exchange Transactions (the “FX Law”) is in effect. Adopted by the Ukrainian parliament on 21 June 2018, the FX Law overhauls the existing exchange control regime, introduces...

Kinstellar Energy Digest Ukraine, January 2019 in Review

February 2019 – Kinstellar Energy Digest Ukraine, January 2019 in Review
OIL & GAS: Second International Licencing Round to take place in May 2019
On 29 January 2019, Ukraine’s State Geology and Subsoil Service (the “Derzhgeonadra”)...

Ukraine introduces new taxation rules for aviation fuel to prevent tax avoidance

January 2019 – Excise duty in Ukraine on aviation fuel has increased by ten times as of 1 January 2019, in accordance with the Law of Ukraine № 2628-VIII “On Amendments to the Tax Code of Ukraine and Certain Other Legislative Acts in Relation to...