Zelensky signs law strengthening financial monitoring of politicians

Spread the love

Ukraine’s President Volodymyr Zelensky signed a law on Oct. 26 on financial monitoring of politically exposed persons, which is a vital step on the country’s path toward EU membership.

The measure prolongs the monitoring period of government officials, who are, through their influential position, more susceptible to corruption, from three years to life.

The bill was approved by Verkhovna Rada, the Ukrainian parliament, on Oct. 17, with 276 lawmakers voting in favor.

The measure is intended to disincentivize politicians from using their positions to enrich themselves, as it extends the increased scrutiny on their finances past their time in office.



The measure will fulfill the requirements of the International Monetary Fund (IMF), lawmaker Yaroslav Zhelezniak said, adding that it should be considered a vital step in the upcoming negotiations on Ukraine’s integration with the EU.

Several media reported that the European Commission is preparing to give a positive assessment of Ukraine’s reform efforts in the coming weeks. The EU leaders are expected to make a formal decision on the start of the actual entry talks in December, Politico said.

Read also: Politico: EU to announce Ukraine membership talks in December

We’ve been working hard to bring you independent, locally-sourced news from Ukraine. Consider supporting the Kyiv Independent.

EMEA Tribune is not involved in this news article, it is taken from our partners and or from the News Agencies. Copyright and Credit go to the News Agencies, email [email protected] Follow our WhatsApp verified Channel210520-twitter-verified-cs-70cdee.jpg (1500×750)

Support Independent Journalism with a donation (Paypal, BTC, USDT, ETH)

News Agencies

About Author

The latest news from the News Agencies

You may also like

Prince Harry and Meghan

Prince harry and Meghan closed their Instagram account

Spread the loveLondon: Royal Couple Britain’s Prince Harry and his wife Meghan have signed off on their royal Instagram account.
boris johnson

Boris Johnson has been transferred to the ICU

Spread the loveBritish Prime Minister Boris Johnson is in ICU Tweeted Sky News Boris Johnson has been moved to an