Oleksandr Kurdydyk

Oleksandr Kurdydyk

DLA Piper

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National Bank of Ukraine restricts foreign currency lending

On 29 August 2014 the National Bank of Ukraine (the NBU) imposed restrictions on lending in foreign currency for the purpose of using such foreign currency within the domestic market of Ukraine....more

9/9/2014 - Banks Capital Markets Foreign Currency Lending Ukraine

National Bank of Ukraine introduced mandatory sale of 100% foreign currency proceeds

The National Bank of Ukraine (NBU) toughened requirements for mandatory sale of international currency proceeds, that was temporarily introduced in November 2012. Now the requirement for mandatory sale applies to 100% of...more

8/22/2014 - Foreign Banks Foreign Currency Ukraine

The National Bank of Ukraine: Cap on maximum floating interest rate increase in loan agreements no longer imperative

The National Bank of Ukraine (the "NBU") reported on 23 October 2013 that its letter demanding parties to cross-border loan agreements to forecast maximum floating interest rate increases is no longer relevant....more

11/4/2013 - Cross-Border Transactions EU Interest Rates Loan Agreements

International Tax News - October 2013

COLOMBIA ISSUES TAX HAVENS LIST: 4 THINGS TO NOTE FOR THOSE DOING BUSINESS IN COLOMBIA - Colombia has issued its list of tax havens – an act that will negatively impact the tax effects of doing business in Colombia...more

10/31/2013 - Australia Carbon Taxes Foreign Currency GAAR India International Tax Issues Tax Haven The Patent Box UK

National bank of Ukraine toughens requirements for mandatory sale of foreign currency proceeds

The recent amendments to Ukrainian banking legislation stipulating additional requirements for sale of proceeds by residents and non-residents in foreign currency have come into force....more

10/18/2013 - Banks Cross-Border EU Foreign Currency Sales

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