Ukraine Export Rules: Liability for Currency Violations
· WOWERI
Ukraine's Supreme Court has clarified exporter liability for currency violations. Exporters must be aware of the new rules.
Ukraine's Supreme Court Ruling on Exporter Liability
Ukraine's Supreme Court has clarified the liability of exporters for currency violations. The Court ruled that the assignment of a claim does not relieve exporters of liability for returning currency without the involvement of a bank.
What does this mean for exporters?
Exporters must be aware of the new rules and ensure proper documentation of assignments to avoid liability for currency violations.
What to do next
Source: biz.ligazakon.net