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ANTICIPATING DIGITAL CURRENCY DISRUPTION

Whilst sovereign fiat currency in the form of physical cash remains the only universally acceptable form of public money, innovations in cryptocurrencies and stablecoins can offer more effective forms of transactions and will continue to disrupt the finance industry.

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Registration procedure for foreign representative offices is now simplified in Ukraine

The Decree No 893 as of 23 October 2019 “Certain Registration Issues of Representative Offices of Foreign Business Entities in Ukraine” has significantly simplified registration procedure of foreign representative offices in Ukraine.

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Interview with Anton Colella, Global CEO of Moore Global

Interview with Global CEO of Moore Global Anton Colella was published on the 2/2019 issue of the European Court of Auditors Journal under the theme “Fraud and Corruption. Ethics and Integrity”. He shares some of his views regarding the role of values, integrity and true leadership, particularly when it comes to fraud and corruption and how audit firms should deal with this.

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One of the Top 100 Most Influential People in Accounting takes office of a Moore Global Chairman

After 15 years as Chairman of the leading international accountancy and consulting network, Moore Stephens International, now Moore Global, Richard Moore today announced his decision to step down at the end of 2019. During Richard’s period as Chairman, which began in 2004, the network has grown its combined revenues from around USD 600m to around USD 3bn, extending its global coverage to more than 110 countries. Richard will remain an active member of the network through Moore Family Office Limited, specialising in advising international private client families.

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Moore Stephens Rebrand Announcement

From today, Moore Stephens-Kyiv relaunches our brand to become ‘Moore’. This is part of a wider rebrand of the Moore Stephens global accountancy and consultancy network, of which our team here in Kyiv is a member. The unveiling of a new logo, visual identity and brand positioning marks the continued evolution of the international network. The brand captures our ability to connect to you locally and globally as we help you realise your ambitions. That is why our brand position is ‘Helping you thrive in a changing world.’

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Ukraine signs the Singapore Mediation Convention facilitating the implementation of international mediation agreements

Ukraine adopts the best European and worldwide practices on international disputes resolution. On 7 August 2019, together with representatives of 46 countries, Ukraine signed the Singapore Mediation Convention. The simplified procedure for the performance of mediation treaties would facilitate the promotion and inculcation of amicable settlement of international commercial disputes. Implementation of alternative dispute resolution methods in judicial system of Ukraine is expected to have a positive effect on the country’s investment attractiveness and worldwide reputation facilitating the access to justice.

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One click for no-queue-and-no-bribe model of e-services with the President's Decree

The government of Ukraine takes another step towards simplification of operations ensuring transparency of work of state registers through the development of modern electronic means. No paper bureaucracy is now at hand with the Decree of the President of Ukraine on e-services. The Decree provides the launch of a single web portal of e-services, where Ukrainians will be able to gain access to information about themselves in state registers and priority e-government services.

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The Supreme Court of Ukraine – Salary can now be denoted with an equivalent in foreign currency

The Supreme Court of Ukraine determined that parties to a labour contract can denote the size of employee’s salary in hryvnia with an equivalent in foreign currency. As explained, the law envisages making all payments in hryvnias on a mandatory basis. However, there is no restriction on the use of foreign currency in different settlements.

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Facilitating doing business in Ukraine - a new wave of legislative liberalization.

The National Bank of Ukraine (NBU) cancelled the mandatory sale of 30% of foreign exchange earnings on the interbank foreign exchange market by the enterprises. The law becomes effective on 20 June 2019. The complete cancellation of mandatory sales of FX earnings is another important step towards liberalization process for the foreign market in Ukraine. The NBU is convinced that another wave of legislative relief will not have any negative consequences for macro-financial stability of the country.

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AI integration in the day-to-day working environment – modern approach for progressive business leaders

The Moore member-firms do their best to provide the clients with the up-to-date solutions and modern ways of doing business in our world of trade evolution and globalization. On the 21st of May the member of Moore Stephens International Limited network and one of the 25 largest accounting and business consulting firms in the U.S., Armanino LLP announced at the Artificial Intelligence (AI) Executive Roundtable the launch of the Armanino AI Lab for business executives seeking to deploy AI technologies within their organizations. The AI Lab will enable decision makers with a pragmatic approach for demystifying and incorporating modern AI client-ready solutions within the business landscape. Find out the latest MSI news and learn how to boost your business by implementing innovative solutions together with Moore team.