On 11 November 2026, the Verkhovna Rada of Ukraine adopted in the first reading as a basis the Draft Law of Ukraine "On Amendments to Certain Laws of Ukraine Regarding the Improvement of Corporate Governance" (Reg. No.16125).
The draft law is aimed at fulfilling Ukraine's international obligations under the Association Agreement regarding the implementation of European Union legal acts into Ukrainian national legislation to enhance the governance framework for state-owned unitary enterprises and joint-stock companies in which the state holds more than 50 percent of the shares (equities), thereby aligning the internal control systems of commercial entities with the OECD Guidelines.
The document proposes amendments to the Law of Ukraine "On Joint-Stock Companies" and the Law of Ukraine "On the Management of State-Owned Objects" aimed at streamlining powers in the corporate governance of state property, enhancing the operational procedures of supervisory boards, and refining the legal framework governing major transactions and interested-party transactions.
The Committee on Economic Development will continue its work to improve legislation in the field of corporate governance.