On October 9, 2025, Law No. 208 "On Amendments to the Law on Financial Leasing" was approved, which introduces adjustments to prudential norms and opens up the possibility of creating a state leasing company in the form of a joint-stock company.
According to Article 2 of the aforementioned law, the Cabinet of Ministers is mandated to adapt regulatory acts to the new legislative requirements within six months.
In this context, the Ministry of Economy and Commerce has developed a draft of amendments concerning the current provisions on leasing activities.
Due to the fact that the volume of changes exceeds 50%, it is proposed to approve the document in a new version.
The Ministry of Economy proposes to introduce several significant changes to the leasing provisions:
- Leasing companies will be required to publish their financial statements and audits in the Public Depository of Financial Reporting. This aims to enhance the transparency of their operations and the availability of information for investors and counterparties.
- New rules for calculating financial norms will be established, defining requirements for capital, liquidity, and stability of leasing companies. This will help increase financial stability and reduce risks.
- The mandatory presence of an internal auditor in the staff of leasing companies will be abolished. Instead, control will be carried out through mandatory external audits.
- The created conditions will contribute to attracting investments in the leasing sector, including foreign investments. This will expand financing opportunities and equipment renewal, especially in capital-intensive industries such as agriculture.
- The transparency and reliability of the leasing market will be strengthened. The adopted changes are aimed at developing the sector, building investor trust, and supporting the modernization of the economy.