Legislative Acts of Ukraine to protect investors’ rights

In particular this law is expected to increase the level of investor protection through:
– the introduction of derivative action (minority shareholders’ right to sue for damages in the public interest);
– the introduction of accountability for officials of economic entities in the event of injury to the company by their unlawful actions;
– the right of the plaintiff to be paid legal expenses for compensation claims through the courts;
– the introduction of “independent directors” to represent the interests of minority shareholders in public companies;
– the detailed regulation of transactions taking into account the interests of all shareholders.

Recent Posts

July 8, 2024

“White Business Club” — Benefits for Conscientious Taxpayers

The Verkhovna Rada has passed the Law on the “White Business Club.” We are now awaiting the President’s signature and official publication. However, you can…

Continue reading
May 17, 2024

Ukraine eases currency and banking restrictions

We remind our Clients that Ukraine has had a number of restrictive measures in place since the start of the war in order to stabilize…

Continue reading
March 14, 2024

Are due diligence services exempt from VAT within the scope of the international technical assistance (ITA) project? 

We use a case example where an audit firm based in Ukraine and a foreign entity entered into an agreement for due diligence services. The…

Continue reading