Enhancement of investor protection with a recent Ukrainan Company law reform

29th May 2015

Verkhovna Rada of Ukraine passed new Law On introduction of amendments into some legislative acts of Ukraine as to protection of investors’ rights.

The new Law marks an important step towards more efficient and protective legal framework for minority shareholders in Ukraine. The new legislation incorporates some of the recommendations made in the recent study “Assessment of approximation level of the present company, corporate governance, accounting and auditing legislation and existing practices in Ukraine to EU standards and practices”. The study was prepared by a team of experts led by dr Arkadiusz Radwan, president of the Allerhand Institute and supported by Mariana Nakonechna, research associate of the Allerhand Institute.