Currency Regulation and Financial Services

The Verkhovna Rada of Ukraine adopted the Draft Law #2302a-d on improving corporate governance procedures in joint stock companies, which was supported by the EBA.

The Draft Law prescribes implementing squeeze-out and sell-out procedures aimed at protection of rights of minority and majority shareholders in business entities while sale of shares.

We expect prompt signing of the Draft Law by the President of Ukraine and its practical application!

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