Vasil Kisil & Partners becomes an official legal partner of the Ukrainian National Mortgage Association
On September 30, 2009, Vasil Kisil & Partners became a legal partner and a member of the Ukrainian National Mortgage Association.
The Ukrainian National Mortgage Association (UNIA) brings together 37 large international and domestic network banks representing over 90% of the Ukrainian mortgage sector in terms of loan volume.
The ultimate objective of the creation and operation of the Association is to promote an all-round development of mortgage relationship and the dissemination of the mortgage finance system across Ukraine.
The UNIA works closely with Verkhovna Rada of Ukraine, the President’s Administration, the Cabinet of Ministers, various ministries and departments of Ukraine for development of the mortgage-related laws and regulations. Besides, the Association constantly analyses, generalises and refines laws and regulations in the areas associated with mortgage relationship.
One of the major objectives of the Association is to develop, unify and implement efficient mortgage techniques and standards in the lending, investment, and insurance relationships and in the real estate market. In addition, the Association regularly carries out analytical mortgage market researches, introduces a program designed to enhance the level of education and qualification of banking experts in residential mortgage lending operations by holding regular workshops and trainings.
The UNIA is a member of the European Mortgage Federation.
“Membership in the UNIA will allow Vasil Kisil & Partners, to influence the formation and adjustment of laws and regulations, to implement efficient financial instruments and, in particular, to use securities in the mortgage business, to disseminate new developments and technologies of overdue debt management, reduction of risks and tax pressure in close collaboration with the practitioners,” - says Mr. Oleg Alyoshyn, the Head of Vasil Kisil & Partners Real Estate Practice Group.
The Ukrainian National Mortgage Association (UNIA) brings together 37 large international and domestic network banks representing over 90% of the Ukrainian mortgage sector in terms of loan volume.
The ultimate objective of the creation and operation of the Association is to promote an all-round development of mortgage relationship and the dissemination of the mortgage finance system across Ukraine.
The UNIA works closely with Verkhovna Rada of Ukraine, the President’s Administration, the Cabinet of Ministers, various ministries and departments of Ukraine for development of the mortgage-related laws and regulations. Besides, the Association constantly analyses, generalises and refines laws and regulations in the areas associated with mortgage relationship.
One of the major objectives of the Association is to develop, unify and implement efficient mortgage techniques and standards in the lending, investment, and insurance relationships and in the real estate market. In addition, the Association regularly carries out analytical mortgage market researches, introduces a program designed to enhance the level of education and qualification of banking experts in residential mortgage lending operations by holding regular workshops and trainings.
The UNIA is a member of the European Mortgage Federation.
“Membership in the UNIA will allow Vasil Kisil & Partners, to influence the formation and adjustment of laws and regulations, to implement efficient financial instruments and, in particular, to use securities in the mortgage business, to disseminate new developments and technologies of overdue debt management, reduction of risks and tax pressure in close collaboration with the practitioners,” - says Mr. Oleg Alyoshyn, the Head of Vasil Kisil & Partners Real Estate Practice Group.