Key Milestone In Corporate Governance Reform: Ukraine Enacts Long-Awaited Law On The Further Liberalisation Of The SOE Sector

K
Kinstellar

Contributor

Kinstellar acts as trusted legal counsel to leading investors across Emerging Europe and Central Asia. With offices in 11 jurisdictions and over 350 local and international lawyers, we deliver consistent, joined-up legal advice and assistance across diverse regional markets – together with the know-how and experience to champion your interests while minimising exposure to risk.
The Law of Ukraine "Introducing Amendments to Certain Laws of Ukraine on the Enhancement of Corporate Governance" (the "Law" or the "SOE Law") entered into force on 8 March 2024.
Ukraine Corporate/Commercial Law
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March 2024 – The Law of Ukraine "Introducing Amendments to Certain Laws of Ukraine on the Enhancement of Corporate Governance" (the "Law" or the "SOE Law") entered into force on 8 March 2024. This Law is a significant step towards the alignment of the Ukrainian legal framework for state-owned enterprises ("SOEs") with international best practices, particularly the OECD Guidelines for Corporate Governance of SOEs.

The Kinstellar team was honoured to contribute to the drafting of the Law directly, within the framework of our cooperation with the EBRD.

Reflecting this first-hand experience, Kinstellar highlights the role of the adopted Law for the SOE sector, the overall business environment and the broader post-war recovery efforts, and also shares some practical insights on the adopted changes.

Click on one of the images below or click on the following links to read the overview in English or in Ukrainian.

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The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

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