On May 31, 2017 the Kyiv City Council decision On Adopting the Order of Acquiring Titles to Communal Lands in Kyiv City came into force. The new order shall cut through the red tape particularly by reducing the number of requested documents and shortening time for their consideration.
On June 01, 2017 the President of Ukraine signed the Law of Ukraine No. 1983-VIII On Amendments to Certain Legislation of Ukraine Regarding Improvement of Corporate Governance of Joint Stock Companies which introduces the squeeze-out and sell-out rules. The Law authorizes banks to serve as escrow agents and improves pledge account mechanism.