The American Chamber of Commerce in Ukraine welcomes the adoption of Draft Law #5315 “On Insurance” by the Verkhovna Rada of Ukraine on November 18, 2021, which experts of the Chamber member companies have consistently supported.
The Draft Law aims to update the general legal framework of insurance activities and determine the authority of the National Bank of Ukraine in conducting planned measures to control the insurance activity in line with best international practices. It will ensure an efficient insurance market and adequate customer protection.
The American Chamber of Commerce in Ukraine is grateful to the Members of Parliament for adopting this Draft Law with the proposals of the business community and member companies’ experts for professional support during the drafting process.
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