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Business welcomes the adoption of the draft law on the ESBU

20/ 06/ 2024
  Today, the Verkhovna Rada adopted in the second reading a draft law on the reboot of the Economic Security Bureau. It is worth noting that the European Business Association has consistently and persistently stated the need for an honest reboot of the Economic Security Bureau. Therefore, the community welcomes the adoption of this document, as the business proposals were taken into account in it. In particular, it refers to such important provisions: the selection of candidates for the position of the head of the Economic Security Bureau by a competitive commission will take place with the participation of, among others, international experts; all employees of the Economic Security Bureau will be subject to recertification - according to a clear procedure with clear safeguards; international experts (as well as representatives of public organizations from the business) will also be included in the competition commissions for the selection of new and recertification of all current ESB employees; the analytical function of the Bureau is strengthened by providing free access for the ESB to existing state information systems, etc.; Thus, the business community has repeatedly emphasized that important procedures and the composition of the Bureau cannot be created and formed unilaterally or exclusively by the decision of the new director, safeguards against possible erroneous unilateral or biased decisions are needed, it is important to restrict access to positions in the ESB to persons who have a dubious reputation, etc. - so that the body has a truly analytical function, the purpose of which will be to fight the shadow sector, illegal business, etc., and not to exert fiscal pressure on transparent business. Therefore, the EBA sincerely thanks the peoples deputies, including representatives of the Verkhovna Rada Committee on Finance, Tax and Customs Policy - Danylo Hetmantsev and especially Yaroslav Zheleznyak, that the opinion of business was taken into account in the text of the draft law. Of course, the document is not perfect, but if the ideas on paper are put into practice, then, we hope, the body will be fully and effectively.

Today, the Verkhovna Rada adopted in the second reading a draft law on the reboot of the Economic Security Bureau. It is worth noting that the European Business Association has consistently and persistently stated the need for an honest reboot of the Economic Security Bureau. Therefore, the community welcomes the adoption of this document, as the business proposals were taken into account in it. In particular, it refers to such important provisions:

  • the selection of candidates for the position of the head of the Economic Security Bureau by a competitive commission will take place with the participation of, among others, international experts;
  • all employees of the Economic Security Bureau will be subject to recertification – according to a clear procedure with clear safeguards;
  • international experts (as well as representatives of public organizations from the business) will also be included in the competition commissions for the selection of new and recertification of all current ESB employees;
  • the analytical function of the Bureau is strengthened by providing free access for the ESB to existing state information systems, etc.;

Thus, the business community has repeatedly emphasized that important procedures and the composition of the Bureau cannot be created and formed unilaterally or exclusively by the decision of the new director, safeguards against possible erroneous unilateral or biased decisions are needed, it is important to restrict access to positions in the ESB to persons who have a dubious reputation, etc. – so that the body has a truly analytical function, the purpose of which will be to fight the shadow sector, illegal business, etc., and not to exert fiscal pressure on transparent business.

Therefore, the EBA sincerely thanks the people’s deputies, including representatives of the Verkhovna Rada Committee on Finance, Tax and Customs Policy – Danylo Hetmantsev and especially Yaroslav Zheleznyak, that the opinion of business was taken into account in the text of the draft law. Of course, the document is not perfect, but if the ideas on paper are put into practice, then, we hope, the body will be fully and effectively.

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