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Asters has been providing pro bono legal support for UAnimals, including advocacy for animal rights, the development of legislative initiatives, and the provision of legal protection.

On 1 September 2025, the Law of Ukraine No. 3606-IX “On Lobbying” entered into force. From now on, any activity falling under the definition of “lobbying” may only be carried out subject to prior registration in the Transparency Register, administered by the National Agency on Corruption Prevention (NACP). The Register has already been launched and is available for use here.

On 13 August 2025, the Ukrainian Government announced competitive tenders for the conclusion of Production Sharing Agreements (PSAs) concerning two oil and gas blocks in Western Ukraine: the Svychanska and Mezhyhirska blocks. These tenders are conducted in accordance with the Law of Ukraine "On Production Sharing Agreements" and in alignment with the U.S.-Ukraine agreement establishing the Reconstruction Investment Fund — commonly referred to as the Mineral Deal.

On 21 August 2025, the Parliament of Ukraine adopted a draft law No. 13219 as a basis, which proposes to improve competitive conditions for electricity production from alternative energy sources. The document aims to reform the auction model for supporting green electricity producers, which was introduced in 2019 and will come into effect in 2024 as an alternative to the green tariff.

The "e-Consul" information and communication system is one of the key pillars of Ukraine’s digital transformation in the field of consular services for its citizens abroad. The legal basis of the system is Resolution No. 945 of the Cabinet of Ministers of Ukraine, which came into full force on 01 January 2025. It defines the core stages of the system’s rollout, aimed at automating the majority of consular procedures and significantly reducing service time through integration with national registries.

Resolution of the Cabinet of Ministers of Ukraine No. 991 dated 13 August 2025 supplements the Procedure for Reserving Conscripts During Mobilisation and Martial Law with paragraph 8-1. It stipulates that critically important enterprises, whose registered location is determined and which in fact conducts activities in the territories of possible/active hostilities where the date of cessation of the possibility of hostilities (the date of termination of hostilities) has not been determined, may reserve up to 100% of their conscripted employees.

In The Corner Office, we ask Managing Partners at law firms across Central and Eastern Europe about their backgrounds, strategies, and responsibilities. This time around, we asked: What is the ratio between business development activities and billable hours for Partners within your team, on average?

Asters, working alongside lead counsel Quinn Emanuel Urquhart & Sullivan, has represented Oschadbank in its latest legal action against the Russian Federation, seeking compensation for investment losses in the temporarily occupied territories of Donetsk, Luhansk, Kherson, and Zaporizhzhia regions of Ukraine.

Asters, working with Hogan Lovells, has represented PrivatBank in multi-billion-dollar litigation against its former owners, Ihor Kolomoisky and Gennadiy Bogolyubov, before the High Court of Justice in London.

On 6 August 2025, amendments to the National Bank of Ukraine's (NBU) Resolution No.18 came into force. Approved by Resolution No.95, they introduced a new stage of foreign currency liberalisation. The changes are intended to support export-oriented enterprises, the jewellery sector, importers and to expand the possibilities for risk hedging operations and the performance of external debt obligations.

The National Bank of Ukraine (the "NBU") has given the green light to open banking in Ukraine by adopting the relevant Regulation on Open Banking in Ukraine by Resolution of the NBU Board No. 80 on 25 July 2025 (the "Regulation"). Thus, the NBU has taken the final steps towards implementing the provisions of EU Directive 2015/2366 (PSD2) on payment services and Chapter 4 "Procedure for gaining access to user accounts by payment service providers (open banking)" of Section IV of the Law of Ukraine "On Payment Services".

By Resolution No. 847 of 14 July 2025, the Government amended the Criteria and Procedure for designating enterprises, institutions, and organizations as critically important for the functioning of the economy and the maintenance of vital public life during extraordinary periods (the "Criteria").

Asters at a Glance

Founded in 1995, Asters is the largest Ukrainian law firm with offices in Kyiv, Washington D.C., Brussels and London.

The Firm provides efficient transactional legal advice and represents clients on a broad spectrum of matters arising in the course of doing business in Ukraine. Asters has extensive industry-specific experience and plays a leading role in advising clients in various market sectors.

Asters’ 130-strong legal team combines world-class professionalism and quality with clear understanding of local realities so that our clients receive practically oriented advice in the most client-friendly manner. Asters’ lawyers received law degrees from the best European, Ukrainian and US law schools, including Yale, Harvard, Chicago University.

Asters has consistently remained at the top of the Ukrainian legal market throughout its history being acknowledged as Ukraine Law Firm of the Year by Who's Who Legal (2018-2022), The Lawyer European Awards (2020-2021), Chambers Europe Awards 2020 and holds top positions in the most authoritative international market reviews: The Legal 500, Chambers Global and Chambers Europe, IFLR 1000, Who's Who Legal, Best Lawyers.

Firm's website.