Return of powers to NABU and SAP: what is the essence of the presidential bill

The NBU continues to update regulatory requirements for the financial sector, tightening control over providers of financial and payment services. The latest changes relate to both authorisation procedures and requirements concerning business reputation, ownership structure and business planning for financial institutions. The new rules will also affect pawnbrokers and insurers, which must adapt their internal processes to the updated standards.

Ukraine is approaching another heating season whilst its energy infrastructure comes under constant attack. Whilst the authorities report on gas reserves and the commissioning of new power generation capacity, experts point to disputed figures and problems with connecting new capacity, and in some places power cuts lasting between 10 and 20 days.

Ukraine is actively moving towards legalising the cryptocurrency market, but for the time being, cryptocurrency transactions remain in a ‘grey area’ of regulation. ThePublic spoke to Yakov Voronin, a lawyer and managing partner of the Yakov Voronin Law Firm, Chairman of the Public Oversight Council at the Economic Security Bureau and Chairman of the Committee on Customs and Tax Law at the National Association of Advocates of Ukraine, Yakov Voronin.

In May, headline inflation in Ukraine slowed to 8.2 per cent year-on-year, thanks to an increase in the supply of certain raw food products. At the same time, core inflation accelerated to 7.9 per cent, as businesses continued to factor rising labour, energy and logistics costs into their prices, as well as the impact of the previous depreciation of the hryvnia. According to the National Bank’s estimates, headline inflation continued to slow in June, whilst core inflation continued to rise.

Alexei Dyumin has once again found himself in the spotlight amid reports that discussions about Vladimir Putin’s possible successors are becoming increasingly common in Russian political circles.