Feedback from the public

Measure

3.3.3.7.1. Drafting and submitting to the Cabinet of Ministers of Ukraine a draft law that institutes separate grounds for bringing ARMA employees to disciplinary liability in the event of deliberate or negligent violation of the established procedure for appointing an asset manager; a violation of the established procedure for inspecting the effectiveness of management of seized assets handed over to ARMA for management; failure to respond or violation of the established procedure for responding to information received and/or established facts of improper management of assets or attempts by the manager to dispose of assets.

Measure status:

Implemented

Actual execution date:

31.12.2023

The measure is aimed at achieving ESR:

3.3.3.7. Fair and clear grounds for liability of ARMA and its officials for ineffective management of seized assets have been established

Problem solving:

3.3.3. The legislation governing the activity of the ARMA contains numerous gaps and corruption risks. Low effectiveness of the processes of transferring assets to ARMA for management to preserve their economic value, as well as the processes of combating and preventing money laundering

Deadlines:

01.03.2023 - 31.12.2023

Responsible implementors (authorities):

The main implementer: Asset Recovery and Management Agency

Sources of funding:

state budget

Volumes of financing (thousand UAH):

within the established budget allocations for the relevant year

Performance indicator:

The draft law has been submitted to the Parliament of Ukraine.

Implementing status

Progress/Result of implementation:

On January 09, 2024, the draft law was submitted for approval to the Cabinet of Ministers of Ukraine for further submission to the Verkhovna Rada of Ukraine.

On January 30, 2024, the draft law was submitted to the Verkhovna Rada of Ukraine ( Register No. 10451 of January 31, 2024).

Monitoring results (quarterly):

16.02.2024:
The measure was not implemented on time and in full
08.11.2023:
Implementation of the measure was started late
14.08.2023:
Implementation of the measure has not started

Key sources of assessment:

Additional sources of information: