Parliament Supports Draft Law on Securitisation and Covered Bonds in First Reading
On 1 July 2026, the Verkhovna Rada adopted in the first reading Draft Law No. 15172 “On Securitisation and Covered Bonds”. The draft law is intended to align Ukraine’s financial market regulation with EU standards and create conditions for banks to raise more long-term funding for lending to individuals and businesses.
The proposed framework would allow banks to convert existing long-term loans, such as mortgage loans, into liquid securities. Instead of waiting 10–20 years for borrowers to repay the loans, banks would be able to attract funds from investors secured by these loan portfolios and use the proceeds to issue new loans. The draft law also introduces new instruments, including securitisation bonds and covered bonds, specialised financial companies, independent cover-pool controllers, and STS-standard verification mechanisms.
Government Approves Customs and VAT Incentives for a Significant Investment Project
On 2 July 2026, the Ministry of Economy reported that the Cabinet of Ministers approved the list and volumes of equipment and components that LLC “Feednova Center” may import into Ukraine without paying import duty and VAT. The equipment will be used for the production of high-protein feed additives and animal fats in Cherkasy region.
The decision was adopted under a special investment agreement approved by the Cabinet of Ministers on 29 October 2025. According to the Ministry, the investor will receive an import-duty exemption of around UAH 7.8 million and a VAT exemption on imported equipment of more than UAH 45 million. The project also provides for corporate income tax benefits and compensation for engineering and transport infrastructure costs.
New Industrial Park Included in the Register of Industrial Parks
On 2 July 2026, the Cabinet of Ministers decided to include the “BUDSHLYAKHMASH” industrial park in the Register of Industrial Parks. The park will be located in Brovary, Kyiv region, for a 34-year term, with a total area of 11.4 hectares.
The project is expected to host companies producing municipal machinery and equipment, trailers and semi-trailers, as well as companies involved in repair and installation of machinery and equipment. The initiator is LLC “ATOMIS”, and planned investments amount to UAH 1.26 billion from various sources, including state incentives.
NBU Updates Benchmark Government Bonds Eligible for Banks’ Reserve Requirements
On 25 June 2026, the National Bank of Ukraine updated the list of benchmark domestic government debt securities that banks may use to partially meet reserve requirements. One issue was removed following scheduled redemption, and a new issue first placed by the Ministry of Finance on 9 June 2026 was added.
According to the NBU, banks may use securities from the benchmark-bond list to cover up to 60% of reserve requirements. The updated list includes 20 issues of securities and was approved by NBU Board Decision No. 192 dated 24 June 2026, which took effect on 25 June 2026.
