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On 21 June 2018, the Ukrainian Parliament passed the Law of Ukraine “On Currency and Currency Transactions”, which will apply starting from 7 February 2019.
On 14 May 2018, the President of Ukraine enacted the decision of the National Security and Defence Council of Ukraine of 2 May 2018 “On the Application and Repealing of Personal Special Economic and Other Restrictive Measures (Sanctions)”.
The European Court of Human Rights has held that the land moratorium in Ukraine violates Article 1 of Protocol No. 1 (protection of property) to the European Convention on Human Rights
Effective from 28 April 2018, the National Bank of Ukraine introduced a number of positive measures to make foreign currency transactions easier for all market players.
The Law aims to ensure an up-to-date and comprehensive regulation of the most common form of doing business in Ukraine – limited liability companies.