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77A Velyka Vasylkivska Str.
03150 Kyiv
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Regional Competition Law Update – Q3 2025

November 2025 – Kinstellar’s Competition & FDI team is pleased to present the Q3 2025 update to our Regional Competition Review. This latest edition provides a snapshot of recent enforcement activity, legislative changes, and emerging trends across...

EU adopts 19th sanctions package against Russia

October 2025 – On 23 October 2025, following a European Commission proposal issued on 19 September 2025 and extended negotiations among Member States, the Council of the EU adopted its 19th sanctions package against Russia in response to its ongoing...

Ukraine’s sanctions maze: Why challenging sanctions rarely succeeds

October 2025 – Ukraine currently maintains one of the largest sanctions lists in Europe, comprising roughly 21,000 entries but with only 114 removals over the past decade. Sanctions have become a central instrument of national security policy in response...

Ukraine takes steps towards FDI screening law

September 2025 – Ukraine's parliament has registered a draft law “On the Screening of Foreign Direct Investments” (the “FDI Draft”), which, in line with EU standards, seeks to establish mandatory screening mechanisms for foreign investments...

Investment into Ukraine: Capital repatriation regime and currency control restrictions

September 2025 – Despite the ongoing war and significant challenges, the Ukrainian legal framework continues to encourage an open and flexible investment environment.

Defence City: New opportunities for the defence industry

August 2025 – On 21 August 2025, two laws were adopted in Ukraine on the creation of Defence City*. Defence City is a special tax and legal regime that provides a number of benefits and easements for companies working in Ukraine’s defence industry.

Overview of the Law on Factoring: New opportunities for business financing in Ukraine

August 2025 – The Law of Ukraine "On Factoring" No. 4466-IX dated 3 June 2025 (the "Law") introduces a comprehensive update to existing laws governing factoring. The goal of the Law is to align Ukrainian regulations with best international standards...

Public–private partnership reform in Ukraine

August 2025 – On 30 July 2025, the President of Ukraine signed Law No. 7508, aimed at optimising the mechanism for attracting private investment into post-war infrastructure recovery efforts through public-private partnerships (PPPs). The law, save...

New legal framework for explosives and ammunition in Ukraine

August 2025 – New rules governing the production, procurement, and supply of explosives and ammunition came into effect in July 2025. Their goal is to simplify regulatory procedures for manufacturers.

Amendments to currency restrictions in Ukraine create new opportunities to attract foreign capital

August 2025 – On 6–7 August 2025, a new package of changes to currency restrictions in Ukraine came into force. The National Bank of Ukraine (the "NBU") introduced currency restrictions in February 2022, following the onset of Russia’s full-scale...