Conclusion of new agreements between shareholders of Ukrainian joint-stock companies and depository institutions
On 12 October 2014, a year will have passed since the Law of Ukraine ‘On the Depository System of Ukraine’ No. 5178-VI entered into force. The law stipulates that all shareholders of Ukrainian joint-stock companies (JSCs) must have a securities account of the depositor (holder of securities) in the relevant Ukrainian depository institution (before the adoption of the law, such person was defined as a ‘custodian’) under the securities account agreement. At the same time, the law prescribes that the holder of the securities that have been dematerialised (converted from documentary form into non-documentary form) must contact the depositary institution specified by the issuer and enter into a securities account agreement with such institution in its own name or transfer rights to securities to its securities account opened with another depositary institution…
Click on the link below to read the rest of the Dentons briefing.
Sign in or Register to continue reading this article
It's quick, easy and free!
It takes just 5 minutes to register. Answer a few simple questions and once completed you’ll have instant access.Register now
Why register to The Lawyer
In-depth, expert analysis into the stories behind the headlines from our leading team of journalists.
Identify the major players and business opportunities within a particular region through our series of free, special reports.
Receive your pick of The Lawyer's daily and weekly email newsletters, tailored by practice area, region and job function.
More relevant to you
To continue providing the best analysis, insight and news across the legal market we are collecting some information about who you are, what you do and where you work to improve The Lawyer and make it more relevant to you.
News from The Lawyer
Analysis from The Lawyer
So last week it emerged that Dentons, already the biggest law firm in the world, is currently in merger negotiations with 21 firms around the globe.
Life in Canada is getting harder for firms as commodities prices fall and work volumes slow