Legislative Review

December 29, 2025 – January 2, 2026. Requirements for financial service providers updated

The Cabinet of Ministers of Ukraine, by its Resolution "On Amendments to the Procedure for Providing State Support for Insurance of Agricultural Products", launched state support for insurance of agricultural products.

The document regulates the rules for providing state support for insurance of agricultural products, in particular, in front-line territories. Mandatory registration in the State Agrarian Register is introduced. It also provides for verification of agricultural producers for absence on sanctions and terrorist lists and a ban on any ties with residents of the Russian Federation, the Republic of Belarus, and other risky jurisdictions.

The resolution provides for compensation for part of the insurance premiums paid:

  • up to 60% of the cost of insurance premiums for agricultural producers working in frontline communities;
  • up to 45% – for other agricultural producers.

The Cabinet of Ministers of Ukraine adopted Resolution No. 1709 of December 24, 2025, which approved a new procedure for the simultaneous issuance and exchange of an ID of a citizen of Ukraine and a passport for traveling abroad. The new rules also apply in cases of loss or theft of documents, including while staying abroad.

The approved Procedure defines the procedures for:

  • simultaneous issuance or exchange of an internal passport and an international passport by one person;
  • issuing or exchanging IDs for one of the parents, adoptive parents, guardians or custodians and simultaneously issuing a passport for a child under 14 years of age;
  • issuing or exchanging an ID for the child's legal representative and a passport for the child, who has not reached the age of 14.

Transitional issues have been separately regulated. Documents for the issuance or exchange of IDs submitted before the entry into force of Law of Ukraine No. 3633-IX of April 11, 2024 (on mobilization and military registration) are completed according to the rules in effect at the time of application, including the issuance of passports.

In addition, the Government has amended the current resolutions of the Cabinet of Ministers of Ukraine:

  • No. 152 of May 7, 2014 – on the issuance and circulation of a passport of a citizen of Ukraine for travel abroad;
  • No. 302 of March 25, 2015 - on the issuance and circulation of an internal passport of a citizen of Ukraine.

The updates are aimed at simplifying procedures and aligning passport rules with current legislation.

The President of Ukraine signed Law No. 4749-IX, which provides military personnel released from captivity, at their request, with an additional leave of 90 calendar days with the preservation of financial security - without any additional conditions.

The leave will be granted in full, without division into parts, and regardless of the decision to extend or discharge from military service.

The State Tax Service of Ukraine has introduced an electronic audit system - e-audit. This is a modern digital tool for tax control. It will contribute to even greater transparency in relations between business and the tax service.

E-audit is:

  • automatic verification of the structure, logical consistency and completeness of the payer's accounting data;
  • application of analytical and audit tests to assess the accuracy of data and the completeness of the reflection of transactions;
  • identification of potential risks and inconsistencies that require additional analysis;
  • formation of analytical conclusions for making management decisions.

The system automatically analyzes structured accounting and tax accounting data of taxpayers in electronic format.

The main source of such data is the SAF-T UA file. It contains all key information about business transactions, accounting, assets, tax liabilities and other primary indicators of the taxpayer's activity. Large taxpayers must submit the SAF-T UA file only if requested by the tax authority during a documentary audit and in accordance with the requirements of the law.

Cabinet of Ministers of Ukraine Resolution No. 1318 of November 15, 2024, introduced changes to the procedure for implementing the Ukraine Facility instrument and defined the mechanisms for management, monitoring, control, and reporting on the implementation of the Ukraine Plan.

The adoption of the resolution ensures the fulfillment of Ukraine's international obligations and creates the necessary conditions for proper financial control, which is a prerequisite for timely receipt of financial support from the European Union under the Ukraine Facility program.

The updated procedure provides for:

  • clear mechanism for forming and submitting requests for payments. The procedure for preparing requests by Ukraine for receiving funds within the framework of the Loan Agreement and the Financing Agreement is regulated;
  • introduction of declarations on the management of funds at the level of responsible bodies. The procedure for submitting management declarations confirming the targeted use of funds, completeness and reliability of information is being clarified. In particular, it is envisaged to submit such declarations not only at the level of the national coordinator, but also at the level of responsible bodies using standardized checklists;
  • strengthening financial control and the role of controlling bodies.
    The powers of the State Treasury as the body that provides treasury services for payments within the framework of the implementation of the Plan of Ukraine, as well as the State Audit Service as an independent body of financial control and audit, are being clarified;
  • prevention of sanctions risks. The adopted procedure is supplemented by requirements for mandatory verification of funding recipients for compliance with the European Union sanctions lists, which ensures the implementation of the requirements of the Framework Agreement between Ukraine and the EU at the national level. The direct or indirect use of funds for the benefit of persons subject to restrictive measures is prohibited;
  • updated monitoring, reporting and information submission deadlines. Approaches to management, monitoring and control over the implementation of the Ukraine Plan are being updated, in particular by introducing unified reporting forms, clear deadlines for submitting information, and expanding the list of data to be submitted by responsible bodies.

The Cabinet of Ministers of Ukraine has made amendments to the Licensing Conditions for Conducting Business Activities in the Circulation of Medicines, which provide for the possibility of controlled sale of over-the-counter medicines in the premises of gas stations.

The decision was made to ensure access to medicines for the population in communities where the work of pharmacies may be limited. This includes, in particular, areas near combat zones, remote settlements. As well as long-term power or logistics outages. Gas stations in such conditions often continue to operate thanks to autonomous power sources and established supply channels.

The changes apply exclusively to over-the-counter medicines, including:

  • antipyretics;
  • painkillers;
  • remedies for treating cold symptoms.

Prescription drugs, as before, will be dispensed only through pharmacies.

The sale of medicines at gas stations will be carried out subject to compliance with state regulation requirements. Business entities must obtain an appropriate license from the State Service of Ukraine for Medicines and Drug Control, ensure proper storage conditions for medicines, allocate a separate area for medicines, observe the temperature regime, and have an authorized person with a pharmaceutical education responsible for the quality of medicines.

The introduced model is in line with practices in a number of European Union countries, including Poland, Denmark, Sweden, the United Kingdom, and Switzerland, where the sale of some non-prescription medicines outside pharmacies is permitted under state control. This approach is consistent with the provisions of Directive 2001/83/EU.

The decision does not change the role of pharmacies as the main channel for the circulation of medicines and the only place to dispense prescription drugs. There are over 20,000 pharmacies in Ukraine, while about 2,500 gas stations could potentially join the sale of over-the-counter drugs. The main share of the monetary turnover of the pharmaceutical market is formed by prescription drugs.

The sale of over-the-counter drugs at gas stations is considered an additional mechanism for ensuring access to basic medicines in cases where pharmacies are temporarily closed or unavailable.

The Cabinet of Ministers of Ukraine has adopted a resolution regulating the launch of eCheque, a national electronic check. The document defines the procedure for the service's operation and the legal conditions for its implementation.

An eCheck is an electronic receipt that a buyer receives in their banking app after paying with a card – in a store or online. It is stored in digital format and is always available for product returns, exchanges, or warranty service.

The introduction of eCheque is part of the state's broader policy of deregulation, digitalization of services, and reduction of unnecessary administrative burden. The service is not mandatory: the buyer can receive a paper check, or both types at the same time.

The launch of eCheque is planned for 2026 and involves a phased implementation – it is an experimental project. At the first stage, the service will operate in a pilot format with individual national retail chains and banks.

The service is being developed by the Ministry of Economy in cooperation with the Ministry of Digital and Action, the Ministry of Finance, the State Tax Service, the National Bank of Ukraine, banks and payment systems.

eCheck is a voluntary service and does not change the current requirements for the use of POS/EPOS. eCheck is a tool for providing access to information about a settlement document stored in the System of Data Accounting of Settlement Transaction Registrars. Its goal is to offer a modern digital standard for a fiscal check that meets the needs of consumers, businesses, and the state.

The National Bank of Ukraine has amended the Regulations on the Authorization of Financial Service Providers and the Conditions for Their Activities in the Provision of Financial Services (hereinafter - Regulations No. 199) and the Regulations on the Procedure for Authorizing the Activities of Providers of Financial Payment Services and Limited Payment Services.

The changes, in particular:

  • bring authorization conditions into line with the Law of Ukraine “On Rating”;
  • improve the procedure for assessing the financial/property status of owners of significant participation in a financial services provider, in particular a mutual investment fund, when an asset management company acquires a significant participation in a financial services provider at the expense of and in the interests of such a fund;
  • improve the procedure for obtaining permission to include subordinated debt in the capital of a financial institution, including determining the calculation of the investor-legal entity's own funds;
  • clarify of the prohibition on the use of trademarks of financial services providers that have been removed from the market through forced cancellation of their licenses;
  • establish new signs of an individual's impeccable business reputation;
  • establish the procedure for approving an increase in the authorized capital of the insurer at the expense of the issue income;
  • determine the date for submitting documents to the National Bank on increasing the authorized capital, etc.

These changes came into effect on January 1, 2026.

The National Bank of Ukraine, by its resolution "On Approval of Amendments to the Regulation on the Procedure for Issuing Licenses for Foreign Exchange Transactions" No. 160 of December 27, 2025, clarified the procedure for revoking (cancelling) licenses for foreign exchange transactions (except for licenses for foreign exchange transactions in the field of trading in foreign exchange values in cash) of non-bank financial institutions (except for the central counterparty) and postal operators.

The amendments provide, in particular, that:

1) a license to conduct foreign exchange transactions shall be revoked if the National Bank makes a decision on:

  • revocation of a license for the type of activity for the provision of financial services / termination of authorization for the provision of all financial payment services;
  • exclusion from the license for the type of activity for the provision of financial services of a separate type of financial service, which is also included in the license for the conduct of foreign exchange transactions / narrowing the scope of the license for the type of activity for the provision of financial services in relation to the relevant service / termination of authorization of the activity for the provision of a separate type of financial payment service, which is also included in the license for the conduct of foreign exchange transactions (if the license for the conduct of foreign exchange transactions does not contain other foreign exchange transactions);

2) a license to conduct foreign exchange transactions shall be revoked for a separate foreign exchange transaction if the National Bank makes a decision on:

  • exclusion from the license for the type of activity for the provision of financial services of a separate type of financial service that is also included in the license for the conduct of foreign exchange transactions / narrowing the scope of the license for the type of activity for the provision of financial services with respect to the relevant service;
  • termination of authorization of activities for the provision of a separate type of financial payment service, which is also included in the license for currency transactions;
  • termination of certain types of financial services or operations specified in the relevant decision of the National Bank, which are also included in the license for conducting foreign exchange transactions.

At the same time, the license to conduct foreign exchange transactions is considered revoked/withdrawn with respect to individual foreign exchange transactions from the date of notification of the relevant decision to the non-banking institution.

The changes came into effect on December 30, 2025.

The National Bank of Ukraine, by its Resolution No. 159 of December 25, 2025, resolved the issue of non-application of technical requirements in annexes to consumer credit agreements in the form of a payment schedule by amending the regulatory legal acts of the NBU.

Thus, changes have been made to:

  • Regulations on additional requirements for contracts for the provision of financial services and financial payment services concluded by banks with consumers, approved by Resolution of the Board of the National Bank of Ukraine No. 7 of January 22, 2021 (as amended by Resolution of the Board of the National Bank of Ukraine No. 232 of November 25, 2022) (as amended) (hereinafter - Regulation No. 7);
  • Regulations on additional requirements for agreements of non-bank financial institutions on the provision of funds on loan (consumer, financial credit), approved by Resolution of the Board of the National Bank of Ukraine No. 113 of November 3, 2021 (as amended) (hereinafter - Regulations No. 113).

The said changes shall enter into force on the day following the day of their publication.

After the entry into force of the said amendments to Regulation No. 7 and Regulation No. 113, it will be determined that the technical requirements for contracts set out in the annexes to Regulation No. 7 and Regulation No. 113 do not apply to the annex to the consumer credit agreement with a detailed list of the components of the total cost of the loan in the form of a payment schedule. This will ensure legal certainty that the technical requirements of Regulation No. 7 and Regulation No. 113 do not apply to the said annex.

The Cabinet of Ministers of Ukraine has amended Resolution No. 61 of January 27, 2021, which determines the procedure for negotiating, concluding and executing managed access agreements.

The changes introduce a new approach to the procurement of innovative medicines through the conclusion of managed access contracts (MACs) under a blended financing model.

From now on, such purchases can be made simultaneously at the expense of the state budget, local budgets, and healthcare institutions.

The Cabinet of Ministers of Ukraine, by Resolution No. 1488-p, approved the plan of state statistical observations for 2026. The document defines the list of statistical observations that will be conducted by state statistics bodies during the next year.

It is expected that the approved Plan will be published on the official website of the State Statistics Service. Currently, only the text of the draft is publicly available, which interested parties can review.

The plan of state statistical observations for 2026 will contain detailed information on each observation, including:

  • purpose of conducting statistical observation;
  • acts of European Union law to which it complies;
  • methodological documents and tools;
  • sources of statistical information.
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