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VKP’s Partner Yulia Kyrpa Speaks on Realities and Prospects of Regulating the Movement of Capital in the Light of Ukraine's European Integration
Vasil Kisil & Partners,Kyiv, Ukraine, Thursday, June 19, 2014
On June 18, 2014, Edinburgh Business School in Eastern Europe hosted the 4th seminar of"EURObusiness: How to use European integration?” educational projectdesigned for business owners and top managers and presented by experts of VasilKisil & Partners Law Firm.
Yulia Kyrpa, Partner and Head ofVKP’s Banking and Finance Practice, tackled the topic of Capital flows:realities and prospects in light of Ukraine's European integration and reviewedthe following issues:
- Existing restrictions for free movement of capital in Ukraine;
- The legal regime of capital movements within European Union;
- Prospects of adopting Ukrainian legislation to EU standards and their impact on transactions conducted on the international capital markets with participation of Ukrainian companies;
- Legislative initiatives and achievements, aimed at bringing Ukrainian financial legislation into line with European Union standards
Numerous questions and comments from the audience concerned first andforemost restrictions on the movement of capital in Ukraine, such as licensingof foreign exchange transactions, registration of loans for non-residents, thedifficulties faced when trying to move investments abroad, buy currency,reserve liabilities, as well as planned and already implemented mechanisms ofliberalizing the movement of capital and related benefits for domestic andforeign companies and financial institutions.
Yulia Kyrpa is regularly invited as a commentator and analyst byleading international and domestic legal and business media and as a speaker atdomestic and international professional events. Vasil Kisil & Partnersunequivocal leadership in baking and finance practice have been repeatedlyrecognized by such reputable international professional ratings as Chambers Europe, Chambers Global, IFLR, Legal 500 and Ukrainian LawFirms.
To find out about upcoming workshop of EURObusiness series, please, goto Vasil Kisil & Partners or the Edinburg Business School in Eastern Europewebsites.
You can register for an event here http://britishmba.in.ua/en/. ###
For more details please contact YuliyaChervonookaya,
Head of PR/BD Department
Tel.: +380 44 581 7777
E-mail: pr@vkp.kiev.ua
Aboutthe Firm
Established in 1992, Vasil Kisil & Partners is aUkrainian law firm that delivers integrated legaladvice in banking & finance, mergers & acquisitions, capital markets,antitrust, competition and trade, dispute resolution, tax law,energy and natural resources law, intellectual property law, labor andemployment law, real estate and construction law,as well as PPP, concessions and infrastructure law. Vasil Kisil & Partners isa member of such international professional associations as TerraLex, IBA, andIus Laboris.
The firm`s clients include such world-known companies asAcron, Air Liquide, Alfa Bank (Ukraine), Alpcot Agro, Africa-Israel Group,Ardagh, Astellas Pharma, BASF, Bayer Consumer, BNP Paribas, British AmericanTobacco, Central European Media Enterprises, Coca Cola, Credit Agricole Group,Danone, Dell Inc., DuPont, EBRD, Ericsson, Energy Standard Group, Eurosport,Ferrexpo AG, Google, Hewlett-Packard, Inditex Group, Kraft, LGElectronics, Leroy Merlin Ukraine, MTS, Moody’s, Mott MacDonald Limited, NCHCapital, Opel, Philips, Pireaus Bank, Red Bull, Samsung, Sberbank of Russia,SEB AB, Seven Hills, Shell, Shelton Petroleum, Sony Corp, St. Sophia Homes,Swedbank AB, Tchibo, Thomson Reuters, Ukrainian Media Holding, Ukrsibbank,Ukrsotsbank, UniCredit Group, Uniqa, Utair, Vanco International / Vanco Energy,Volkswagen, VimpelCom, YouTube, etc.