Further liberalization measures of The National Bank of Ukraine
The National Bank of Ukraine (hereinafter the “NBU”) has continued its policy trend aimed at liberalization of the existing currency control regime. The continuing overall macro-economic stability in the country has inspired the regulator to gradually lift the existing severe currency restrictions. On May 25, 2017, the NBU approved Resolution No. 41, which introduced the following liberalization measures: 1. Payment / supply deadline under cross-border contracts extended The