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On 21 October 2019, the President of Ukraine signed the Law of Ukraine “On Amendments to Certain Legislative Acts of Ukraine on Protection of Ownership Rights”.
On 20 October 2019 a new law “On Concession” became effective.
These amendments remove certain business-related offences from the Criminal Code and increase liability thresholds for tax evasion.
On 3 July 2019 the Grand Chamber of the Supreme Court rendered a precedent-setting decision on reversal of transactions aimed to defraud creditors.
The new Code of Ukraine on Bankruptcy Procedures entered into force on 21 April 2019 and will apply from 21 October 2019.