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Ukraine Eases Foreign Currency Exchange Restrictions for Dividends Paid to Non-Residents

|Approved Changes|Ukraine
Ukraine

The Ukraine National Bank has announced the easing of restrictions on foreign currency exchange and payment of dividends accrued to foreign investors for 2014-2015. Resolution No. 342, issued in June, allows the repatriation of dividends by issuers of equity rights and shares on which dividends are payable and depository institutions that maintain securities accounts of foreign investors. However, dividends repatriated per month may not exceed 10% of the total amount of dividends payable, sub…

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