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Serhiy Chorny

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Serhiy Chorny is a co-managing partner of the Kyiv office of Baker McKenzie and head of the Kyiv office's Banking, Finance and Capital Markets Group. He is highly ranked by leading international and Ukrainian legal directories, including Chambers Global, Chambers Europe, The Legal 500 EMEA and IFLR1000, in various practice areas, including banking and finance, capital markets, structured finance, securitization, restructuring and insolvency, and financial services.

With effect from 16 May 2023, Ukrainian borrowers are allowed to make payments from Ukraine abroad to repay and service certain cross-border loans from foreign lenders. The exempt payments should not be made prior to the payment date stipulated in the relevant loan agreement. The National Bank of Ukraine has expressly prohibited any amendments to the existing loan agreements that would shorten the payment terms thereunder.

We’re pleased to present the eighth edition of Ukrainian Laws in Wartime: Guide for International and Domestic Businesses, a brief overview of the key features of wartime legislation.
This issue contains updated responses to the most common questions raised and considered by international and Ukrainian businesses.

Baker McKenzie is pleased to submit its next, the sixth edition of Ukrainian Laws in Wartime: Guide for International and Domestic Businesses, a brief overview of the key features of wartime legislation.

This issue contains updated responses to the most common questions raised and considered by international and Ukrainian businesses these days in the following practice areas:
• Martial Law and Special Legislation
• Employment and Migration
• Financial Arrangements and Financial Sector
• Corporate
• Tax and Customs Regime
• Real Estate
• Work of State Courts and Arbitration Tribunals
• Enforcement Proceedings
• Intellectual Property
• Antitrust and Competition
• Pharmaceuticals and Healthcare

On 24 February 2022, the Russian Federation launched a full-scale military invasion of Ukraine. The martial law is in effect in Ukraine since then. As a result, special legislation has been adopted in various areas, including that directly affecting business activity. Baker McKenzie lawyers are pleased to present the fourth edition of Ukrainian Laws in Wartime: Guide for International and Domestic Businesses, a brief overview of the key features of wartime legislation.

We’re pleased to announce the publication of the third edition of Ukrainian Laws in Wartime: Guide for International and Domestic Businesses. This guide provides a brief overview of the key features of such wartime legislation. It is structured as a set of responses to the most common questions raised and considered by international and Ukrainian businesses these days

We’re pleased to announce the publication of the second edition of Ukrainian Laws in Wartime: Guide for International and Domestic Businesses. This guide provides a brief overview of the key features of such wartime legislation. It is structured as a set of responses to the most common questions raised and considered by international and Ukrainian businesses these days.

On 30 June 2021, Verkhovna Rada of Ukraine adopted a new payment services law. The law seeks to: (i) remove certain regulatory barriers for entering the Ukrainian payment services market, and (ii) implement certain European Union laws applicable to the payment services, such as Directive 2015/2366 (PSD2) and Directive 2009/110/EC (Second E-Money Directive). The law came into force on 1 August 2021 and provides the stakeholders with 12 months to prepare for the launch of the new payment services market. The law may affect many business models in payment services business which were previously essentially unregulated.