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Official Announcements by the NBU (updated)

Official Announcements by the NBU (updated)

Find below a collection of key news regarding operation of Ukrainian banking system under martial law.

News articles will be added and updated.

May 23:

10:37 Almost UAH 16.7 Billion Transferred for Needs of Military, only UAH 196 Million Remains in Special Account

May 20:

17:25 NBU Improves Operating Conditions of Cash FX Market and Reduces Limit for Hryvnia Cash Withdrawals Abroad

11:21 Almost UAH 16.7 Billion Transferred for Needs of Military, only UAH 167.5 Million Remains in Special Account

May 19:

11:45 Over UAH 16.5 Billion Transferred for Needs of Military, only UAH 274.5 Million Remains in Special Account

10:40 UK Foreign, Commonwealth, and Development Office Provides GBP 5 million in Aid to Armed Forces of Ukraine

May 18:

10:30 Over UAH 16.5 Billion Transferred for Needs of Military, only UAH 80 Million Remains in Special Account

May 17:

10:51 Over UAH 16.5 Billion Transferred for Needs of Military, only UAH 63 Million Remains in Special Account

May 16:

10:13 Over UAH 16.5 Billion Transferred for Needs of Military, only UAH 32 Million Remains in Special Account

May 15:

14:00 NBU Governor Kyrylo Shevchenko’s Interview with The Asahi Shimbun on Banking Sector Stability in Wartime, Economic Losses, and International Support

May 13:

13:21 Column by Oleksii Shaban, NBU Deputy Governor, for The Kyiv Independent: «How National Bank managed to ensure routine operation during Russia’s full-scale war»

10:42 Over UAH 16.5 Billion Transferred for Needs of Military, only UAH 10 Million Remains in Special Account

May 12:

16:59 Recap of NBU Governor’s Business Visit for 2022 EBRD Annual Meeting

10:30 Over UAH 15.8 Billion Transferred for Needs of Military, only UAH 732.5 Million Remains in Special Account

May 11:

15:46 NBU April 2022 Inflation Update

13:37 Banking Sector Review: Banking Sector Liquidity and Operating Profitability Remained High in Q1 despite War

10:25 Over UAH 15.8 Billion Transferred for Needs of Military, only UAH 703 Million Remains in Special Account

May 10:

10:50 NBU Makes Fifth Purchase of War Bonds Amounting to UAH 30 billion

10:17 Over UAH 15.8 Billion Transferred for Needs of Military, only UAH 61 Million Remains in Special Account

May 9:

21:51 NBU Eases and Clarifies Some FX Restrictions

19:10 NBU Depository: Over 30,000 More Individuals and Businesses Joined in Purchasing War Bonds Last Week

10:14 Over UAH 15.8 Billion Transferred for Needs of Military, only UAH 27,5 Million Remains in Special Account

May 6:

20:00 NBU Resumes Publication of Monthly Macroeconomic Reviews

19:00 International Reserves at USD 26.9 Billion in April

15:25 One of Biggest Banks in Ukraine to Issue PROSTIR Cards

10:19 Over UAH 15.8Billion Transferred for Needs of Military, only UAH 4 Million Remains in Special Account

May 5:

15:24 Residents of russia Prohibited to Manage Nonbank Institutions

10:25 Over UAH 15.6 Billion Transferred for Needs of Military, only UAH 173 Million Remains in Special Account

May 4:

21:19 Kyrylo Shevchenko Speaks at Ad-Hoc Meeting of ECB General Council

12:15 NBU Announces Results of Competition For Best Design of Numismatic Products to Honor Ukraine’s Fight Against Russia

10:51 Over UAH 15.6 Billion Transferred for Needs of Military, only UAH 151 Million Remains in Special Account

May 3:

10:20 Over UAH 15.6 Billion Transferred for Needs of Military, only UAH 125 Million Remains in Special Account

May 2:

20:50 NBU Depository: Number of Holders of Ukrainian Domestic Government Debt Securities Keeps Rising, First Issue of War Bonds Redeemed to Investors

19:30 NBU Annual Report 2021: Key Indicators of Changes That Took Place in the Economy and Financial System Over the Year

11:05 Over UAH 15.6 Billion Transferred for Needs of Military, only UAH 77 Million Remains in Special Account

April 29:

22:17 NBU Lowers Open FX Position Limits for Banks and Clarifies Some FX Restrictions

17:21 PROSTIR NPS Resumes Charging Interchange Fees for Payments for Goods and Services

12:00 In Q1 Banks Reported UAH 160 Million in Losses due to Provisioning for Expected Losses from War

11:00 Over UAH 15.6 Billion Transferred for Needs of Military, only UAH 16 Million Remains in Special Account

April 28:

18:07 NBU Calls On European Regulators to Support International Insurance Groups’ Exit from russian and belarusian Markets

12:06 NBU Updates Currency Lists for Official Hryvnia Exchange Rates

10:03 Almost UAH 15.4 Billion Transferred for Needs of Military, only UAH 178 Million Remains in Special Account

April 27:

17:25 NBU Purchases Higher Volumes of War Bonds in Ukraine in April, Calls for Ramping Up Market Borrowings

10:39 Almost UAH 15.4 Billion Transferred for Needs of Military, only UAH 137 Million Remains in Special Account

09:57 NBU Depository Introduces Modern API Services

April 26:

18:30 Olga Bondarenko, Principal Economist at the NBU’s Monetary Policy and Economic Analysis Department, writes in her column for The Kyiv Independent: "Even marginal decline in grain exports from Ukraine will rattle global food security"

17:55 NBU Governor Kyrylo Shevchenko’s interview with British Media Outlet Euromoney

10:01 Almost UAH 15.4 Billion Transferred for Needs of Military, only UAH 94 Million Remains in Special Account

09:00 Recap of NBU Leadership’s U.S. Visit for Spring Meetings of IMF and World Bank

April 25:

18:38 NBU Depository: Over 9,000 Individuals and Businesses Supported Ukraine by Purchasing Military Domestic Government Debt Securities

17:30 SEP and Bank Operation on 2 and 9 May

10:33 Almost UAH 15.4 Billion Transferred for Needs of Military, only UAH 45 Million Remains in Special Account

April 24:

09:00 NBU Deputy Governor Sergiy Nikolaychuk’s Comment to Bloomberg on International Support to Ukraine

April 22:

18:50 NBU BankID System Continues Its Stable and Reliable Operation Under Martial Law

18:20 NBU Simplifies Nonresidents’ Access to Ukrainian Government Securities

17:48 NBU Approves Additional Measures to Support Stability of Banking System

17:08 NBU Authorizes a Number of Insurance Payments Abroad

14:01 Although Banks Report Increase in Funding and Capital, They Are Downbeat about Their Future Dynamics – Bank Funding Survey

12:26 Restricted Access to Public Information on Nonbank Financial Institutions for Duration of Martial Law

10:18 Almost UAH 15.4 Billion Transferred for Needs of Military, only UAH 4 Million Remains in Special Account

April 21:

14:04 Lending Survey Shows that Banks Expect Rise in Corporate Loan Portfolio despite War

10:31 Over UAH 15.2 Billion Transferred for Needs of Military, only UAH 113 Million Remains in Special Account

09:09 NBU Introduces Additional Measures to Prevent Unproductive Capital Outflows

April 20:

17:36 NBU Clarifies Procedure for Granting Refinancing Loans to Support Bank Liquidity

10:45 Over UAH 15.2 Billion Transferred for Needs of Military, only UAH 41 Million Remains in Special Account

April 19:

17:21 SEP and Bank Operation on 25 April

10:34 UAH 15.2 Billion Transferred for Needs of Military, only UAH 6 Million Remains in Special Account

April 18:

21:07 NBU Commits to Return to Inflation Targeting with Floating Exchange Rate – Monetary Policy Guidelines

10:32 Over UAH 14.96 Billion Transferred for Needs of Military, only UAH 176 Million Remains in Special Account

April 15:

16:06 NBU Reduces to Once a Week the Frequency of Tenders to Grant Refinancing Loans Maturing in One Year or Less, Effective Next Week

10:24 Over UAH 14.96 Billion Transferred for Needs of Military, only UAH 125 Million Remains in Special Account

April 14:

19:16 NBU Allows Banks to Sell FX Cash to People, Clarifies Rules for Loan Repayment by Banks to Nonresidents

18:30 Mobile Operator Vodafone Joins NBU BankID System

16:50 Financial Institution Recommended to Offer Consumer Loan Restructuring or Repayment Holidays

14:20 Speech by NBU Governor Kyrylo Shevchenko on the current state of the Ukrainian economy and prospects for development

14:00 NBU’s Comment on Current State and Prospects of the Economy of Ukraine

10:33 Over UAH 14.96 Billion Transferred for Needs of Military, only UAH 58 Million Remains in Special Account

April 13:

15:00 Financial Stability Council Meeting Recap: Systemic Risks High But Controlled

10:51 Over UAH 14.96 Billion Transferred for Needs of Military, only UAH 3 Million Remains in Special Account

10:21 NBU Buys UAH 20 Billion of War Bonds in Second Such Purchase

April 12:

10:03 Almost UAH 14.8 Billion Transferred for Needs of Military, only UAH 130 Million Remains in Special Account

April 11:

23:10 NBU and NBP Sign Memorandum of Understanding

21:47 NBU March 2022 Inflation Update

20:09 NBU Depository: Almost 2,000 Individuals and Businesses Purchased Military Domestic Government Debt Securities Last Week

15:32 Survey Findings: Insurance Continues During Martial Law

10:02 Almost UAH 14.8 Billion Transferred for Needs of Military, only UAH 16 Million Remains in Special Account

April 8:

18:20 NBU Defines Procedure For Banks’ Crediting Over UAH 400,000 In Cash To Households’ Accounts

15:00 NBU Governor Kyrylo Shevchenko’s interview with Ekonomichna Pravda

14:22 NBU Leadership Meets with Ambassadors of Netherlands, Estonia, and Slovenia

10:32 UAH 14.7 Billion Transferred for Needs of Military, only UAH 72 Million Remains in Special Account

April 7:

11:16 Over UAH 14.7 Billion Transferred for Needs of Military, only UAH 15 Million Remains in Special Account

10:24 International Sanctions against Russian Alfa-Bank Do Not Apply to Ukrainian ALFA-BANK JSC

April 6:

18:30 International Reserves Increased to USD 28.1 Billion in March

17:26 NBU Calls On International Nonbank Financial Groups to Discontinue Their Operations in russia and belarus

10:14 NBU Leadership Meets with U.S. Federal Reserve System

09:55 Over UAH 14.35 Billion Transferred for Needs of Military, only UAH 261 Million Remains in Special Account

April 5:

10:20 UAH 14.35 Billion Transferred for Needs of Military, only UAH 136 Million Remains in Special Account

April 4:

21:36 NBU Governor Kyrylo Shevchenko’s interview with Toronto Centre

18:31 Ukrainians Withdrew About UAH 3.8 Billion from Cards at Checkout in Stores in March

17:20 NBU Depository: Ukrainian Individuals and Businesses Purchase nearly UAH 5 billion of War Bonds

15:00 NBU Deputy Governor Yaroslav Matuzka’s interview with the media outlet Financial Club

10:08 UAH 14.35 Billion Transferred for Needs of Military, nearly UAH 15 Million Remains in Special Account

April 1:

20:28 NBU Calls On Central Banks of Canada, Japan, U.S., UK and ECB to Simplify Funds Transfers for Armed Forces of Ukraine and Humanitarian Needs

11:55 NBU Appeals to European Commission and Central Banks of Japan, UK, US, and EU to Ban Payments in russian and belarusian Rubles in Their Countries

10:15 Nearly UAH 13.7 Billion Transferred for Needs of Military, over UAH 619 Million Remains in Special Account

March 31:

14:36 NBU Calls on Nuclear Risk Insurers to Halt Cooperation with russia and belarus and to Support Ukraine

10:35 Nearly UAH 13.7 Billion Transferred for Needs of Military, over UAH 536 Million Remains in Special Account

09:55 NBU Extends Deadlines for Submitting Inspection Results by Nonbank Financial Institutions

March 30:

09:56 Over UAH 13.2 Billion Transferred for Needs of Military, only UAH 200 Million Remains in Special Account

March 29:

18:15 NBU Discusses Further Support for Ukraine with IMF Reps

16:31 The second part of NBU Governor Kyrylo Shevchenko’s interview with the Czech media outlet Seznam Zprávy

11:06 NBU Welcomes Bloomberg L.P. Decision to Suspend Its Operation in russia and belarus

10:09 Over UAH 13.2 Billion Transferred for Needs of Military, only UAH 91.5 Million Remains in Special Account

09:00 Introduction of russian Ruble by russian Central Bank in Ukraine’s Areas Temporarily Occupied by russia Is in Blatant Violation of International Conventions

March 28:

20:39 NBU Depository: Over 1,000 Individuals and Businesses Purchased Military Domestic Government Debt Securities Last Week

18:42 NBU Calls on Canada, Japan, Switzerland, U.S., UK, EU to Impose Sanctions on Foreign Branches of russian Banks

12:34 The first part of the NBU Governor’s interview with the Czech media outlet Seznam Zprávy

10:22 Over UAH 12.9 Billion Transferred for Needs of Military, Nearly UAH 102 Million Remains in Special Account

March 26:

19:00 NBU Governor Kyrylo Shevchenko’s interview with The Telegraph

March 25:

18:46 Banks Are Open Seven Days a Week

17:46 New Reporting Rules for Nonbank Financial Institutions in Wartime

17:06 NBU Cancels Fees for PROSTIR Services for Duration of Martial Law

10:05 Over UAH 12.9 Billion Transferred for Needs of Military, only UAH 21 Million Remains in Special Account

March 24:

14:56 NBU Simplifies Identification and Verification of War Bond Buyers and Halts Onsite Financial Monitoring Inspections under Martial Law

12:21 Failure to Make Loan Repayments to Credit Unions Due to Martial Law Will Not Be Deemed Overdue Debt

11:15 UAH 12.6 Billion Transferred for Needs of Military, only UAH 277 Million Remains in Special Account

March 23:

19:12 NBU Appeals to Central Banks of EU, Canada, Japan, UK, U.S., and Switzerland to Sever Relations with All Banks in russia and belarus

12:45 NBU Lifts Requirement for Banks to Calculate Short-Term Liquidity Ratio

10:25 NBU Requests SWIFT to Disconnect russia’s Central Bank

10:08 UAH 12.6 Billion Transferred for Needs of Military, only UAH 143 Million Remains in Special Account

March 22:

18:10 NBU Signs FX Swap Agreement with Narodowy Bank Polski for USD 1 billion

17:30 Ukrainians to Be Able to Exchange Hryvnia Cash in Polish Banks

15:55 NBU Calls on International Banking Groups to Cease Business in russia

12:49 NBU Depository: Over 2,000 Individuals and Businesses Supported Ukraine by Purchasing Military Domestic Government Debt Securities

10:36 Over UAH 12.6 Billion Transferred for Needs of Military, only UAH 51 Million Remains in Special Account

March 21:

21:15 NBU Raises Limit on Cash Withdrawals from FX Accounts in Ukraine, Clarifies Some Restrictions on Cross-Border Transactions

18:58 NBU Appeals to Joint Vienna Institute to Shut Down Access to Educational Programs for Citizens and Government Entities of russia and belarus

17:15 Deadlines Extended for NBFIs to Comply with NBU Requirements

10:23 Over UAH 12.2 Billion Transferred for Needs of Military, only UAH 153 Million Remains in Special Account

March 19:

13:25 Over UAH 12.2 Billion Transferred for Needs of Military, only UAH 71 Million Remains in Special Account

March 18:

19:50 New Rules for Banks and Nonbank Financial Institutions Engaged in Lending to Operate in Wartime

13:20 NBU, DGF Support President’s Call to Introduce 100% Public Guarantee of Retail Deposits Until Martial Law Ends

10:08 Only UAH 26 million remains in the special account for the Military. More support is required.

March 17:

17:12 NBU Expands List of Depository Transactions and Temporarily Cancels Fees for Depository Services

15:45 NBU Deputy Governor Sergiy Nikolaychuk’s Interview with Global Finance

15:35 NBU Calls on China UnionPay and UnionPay International to Withdraw from russian Market

10:29 Only UAH 86 million remains in the special account for the Military. More support is required

March 16:

10:55 Only UAH 47 million remains in the special account for the Military. More support is required

March 15:

17:15 Refinitiv Trading and Information Platform Suspends Its Products and Services in russia

15:21 NBU Deputy Governor Sergiy Nikolaychuk’s Comment to CNN

09:41 About UAH 12 Billion Raised for Army and Humanitarian Needs

March 14:

10:12 More Than UAH 11.8 Billion Raised for Army and Humanitarian Aid

March 13:

19:48 Individuals Must Show Proof of Source as They Move More Than EUR 10,000 in Currency Valuables out of Ukraine

11:47 Interbank FX Market Slowly Resuming Operation

March 12:

19:35 NBU Cancels Fees for BankID System Services until Martial Law Ends

17:43 NBU Calls On U.S. Treasury’s FinCen to Launch Investigations into International Companies with russian Capital

12:56 NBU Calls On Global Insurance Market Participants Not to Insure Risks from russia and belarus

10:23 About UAH 11.6 Billion Raised for Army and Humanitarian Needs

March 11:

20:50 NBU Calls On Vienna Initiative Participants to Join Efforts to Fight russian Aggression on Financial Front

20:20 NBU February 2022 Inflation Update

19:32 Comments of NBU Deputy Governor Sergiy Nikolaychuk to Fox Business on Sanctions Imposed on Russian Economy and International Support of Ukraine

12:59 Crediting Cash to Buy War Bonds Simplified for Banks

10:09 About UAH 11.5 Billion Raised for Army and Humanitarian Needs

March 10:

20:22 Bank for International Settlements Suspends russian central bank’s Access to BIS Services

17:02 NBU Governor Kyrylo Shevchenko’s Flash Interview on Ukraine’s Economic and Financial Conditions and Fight against Russian Aggression

15:36 Ukraine’s Banks to Work on Saturday, 12 March 2022

13:24 NBU Governor Kyrylo Shevchenko’s interview with BBC

12:42 NBU Updates Systemically Important Banks List

11:00 International Money Transfer Systems Support Ukraine

10:05 About UAH 11.3 Billion Raised for Army and Humanitarian Needs

00:27 IMF Grants Ukraine USD 1.4 Billion in Emergency Financing

March 9:

18:44 NBU Calls on International Partners to Stop Servicing MIR Cards

16:19 On Procedure for Submission of Financial Statements by Banks under Martial Law

15:16 NBU Cancels Decision to Raise Required Provisioning Ratios

10:08 About UAH 10.9 Billion Raised for Army and Humanitarian Needs

08:53 IMF Executive Board to Consider Allocating Additional Funds to Ukraine

March 8:

19:32 NBU Buys Out War Bonds for UAH 20 Billion and May Continue Financing Critical Expenses of Government under Martial Law

18:33 NBU Says Those Leaving Ukraine Should Put Their Hryvnia Cash into Accounts Here, Not Take It Abroad

17:59 NBU Depository Continues to Expand Legitimate Transactions List

15:21 NBU Eases Multiple FX Market Restrictions

14:23 About UAH 10.7 Billion Raised for Army and Humanitarian Needs

March 7:

20:54 NBU Continues to Take Measures to Minimize Adverse Impact of Russian Military Aggression on Banking System of Ukraine

18:19 NBU Grateful to International Development Partners for Supporting Credit Unions Operation in Ukraine

15:00 International Reserves at USD 27.5 Billion in February

13:28 Ukrainians May Use Funds from Seized Accounts

11:37 More Than UAH 10.3 Billion Raised for Army and Humanitarian Aid

March 6:

17:51 NBU Outlines Rules of Operation of Nonbank Services Market Participants Under Martial Law

14:50 On Foreign Currency Purchases and Cross-Border Transfers to Pay for Critical Imports

14:18 NBU Appreciates Decision of Visa and Mastercard to Suspend Operations in Russia

11:58 More Than UAH 10.1 Billion Raised for Army and Humanitarian Aid

March 5:

14:08 More Than UAH 10 Billion Raised for Army and Humanitarian Aid

09:42 NPS PROSTIR Cancels Interchange Fee for Payments for Goods and Services

March 4:

17:20 More Than UAH 7.8 Billion Raised for Army

15:51 NBU Calls on USA and EU to Freeze Assets of All Russian Banks

15:31 SEP to Ensure Bank Payments without Days Off. NBU Depository to Work on 7 and 8 March 2022

15:10 Banks are Required to Work on 7 and 8 March 2022

14:49 NBU Allowed Ukrainian Citizens to Take Abroad Currency Valuables Without Source Documents

13:28 NBU Deputy Governor Sergiy Nikolaychuk’s interview with Bloomberg

11:10 NBU Pushes for Banning Financial Institutions of Aggressor States from Bloomberg and Refinitiv Terminals

March 3:

18:23 Banks Continue to Facilitate Critical Import Operations in Ukraine

15:06 Setting Prices in Foreign Currency in Ukraine Is Illegal and Immoral

14:10 Address by NBU Governor Kyrylo Shevchenko on NBU Board’s Monetary Policy Decision

14:05 State of Ukraine’s Financial Sector and NBU’s Actions to Support Its Uninterrupted Functioning under Martial Law

14:00 NBU Postpones Key Policy Rate Decision

13:12 Very Easy to Donate Funds to Help Ukrainian Victims

March 2:

19:52 NBU Calls on Bank for International Settlements to Terminate Membership of Russian Central Bank

19:12 NBU Depository Simplifies Investor Access to War Bonds

16:55 Payment Cards of Russian and Belorussian Banks Banned in Ukraine

15:53 Over UAH 6 Billion Transferred to Special Account of Ukraine’s Armed Forces

12:35 NBU Appeals for Support of IMF and G7 in Countering Russia's Aggression in Financial Area

11:21 NBU Reinforces Ukraine’s Financial Defense Jointly with International Partners

09:00 The National Bank of Georgia supports Ukraine

00:08 NBU Lifts Some Bans on FX Transactions

March 1:

19:43 NBU Calls on Foreign Reinsurers to Support Ukrainian Insurance Market

17:55 NBU Opens Fundraising Account for Humanitarian Assistance to Ukrainians Affected by Russia’s Aggression

Fabruary 28: 

18:57 NBU Transfers Money From Special Account for Military Needs

17:20 No Green Card Insurance Policy Required to Leave Ukraine

16:37 NBU Initiates Discontinuation of Foreign Cash Supply to Banks of Russia and Belarus

13:02 Donors Can Now Send Zlotys to Special Account to Support Ukraine’s Armed Forces

12:20 Over UAH 1 Billion Transferred to Special Account of Ukraine’s Armed Forced

Fabruary 27: 

16:44 It Is Now Easier to Transfer Funds to Help Armed Forces of Ukraine

14:42 Address by the Governor of the National Bank of Ukraine Kyrylo Shevchenko

14.18 NBU Adjusts Regulation of Credit Union’s Operation for the Duration of Martial Law

12:21 NBU and IMF Negotiate Options to Support Ukraine’s Economy and Financial Sector

11:24 NBU Calls On Visa and Mastercard to Stop Servicing Cards Issued by Russian Banks

09:52 Procedure for Cash Transferring by Banks to Support Armed Forces of Ukraine Simplified

08:00 NBU Transfers UAH 450 Million From Its Special Account for Needs of National Guard of Ukraine

Fabruary 26:

19:20 NBU Provides UAH 51.5 Billion in Refinancing Loans to Support Banking System Liquidity

Fabruary 25:

17:59 NBU Urgently Transfers Almost UAH 19 Billion to State Budget of Ukraine

16:40 Operation of Banks of Aggressor State to Be Terminated in Ukraine

15:30 NBU Takes Further Steps to Sustain Operation of the Banking System Under Martial Law

13:48 Almost UAH 300 Million Transferred to NBU’s Special Account for Ukraine’s Armed Forces over Past 24 Hours

11:50 NBU and Banking System Keep Working

Fabruary 24:

23:59 NBU Approves Procedure for Unlimited Unsecured Refinancing Loans to Banks to Support Banking System Liquidity

23:47 NBU Makes Changes to Resolution No. 18 On the Operation of the Banking System Under Martial Law Dated 24 February 2022

19:41 NBU Depository Operates in Line with Ukrainian Law

19:11 Narodowy Bank Polski Decides to Grant PLN 4 billion FX Swap to Ukraine

17.44 NBU Opens Special Account to Raise Funds for Ukraine’s Armed Forces (updated)

11.54 No Restrictions on Cashless Payments, SEP Working Smoothly

10.00 Address of the Governor of the National Bank of Ukraine on the Functioning of the Banking System Under Martial Law Throughout Ukraine

09.52 How Ukraine’s Banking System and FX Market Will Work from 24 February 2022 Under Martial Law Throughout Ukraine

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