<\/p>\n
Last week, the European Business Association joined the Parliamentary meeting on the Protection of Investors’ Rights chaired by Halyna Yanchenko (the work of this Commission was extended; it was its first meeting after the extension). Key business issues were discussed, including pressure on business by law enforcement agencies, searches, protection of investors from possible illegal actions, etc. Representatives of law enforcement agencies were also briefed on the status of implementation of Presidential Decree No. 21\\2024 “On the NSDC Decision of January 23, 2024 “On Urgent Measures to Ensure Economic Security for the Period of Martial Law.”<\/span><\/p>\n The<\/span>\u00a0Prosecutor General\u2019s Office of Ukraine<\/span><\/strong>\u00a0informed that it has an Investment Protection Department, which has been dealing with violations by law enforcement agencies against investors since 2020. Thus, the Office has launched a system for recording the number of searches and their reasons for keeping such statistics. In addition, the Office is working on standards for prosecutors’ work with business. They plan to approve them shortly. At the same time, in 2023, 126 prosecutors were brought to disciplinary responsibility, and 34 were dismissed for violations of any kind.<\/span><\/p>\n The\u00a0<\/span>SBI\u00a0<\/span><\/strong>is conducting 160 business-related criminal proceedings, 110 of which have already been sent to court, and the rest are under consideration. In addition, the actions of law enforcement agencies are being investigated in 40 proceedings.<\/span><\/p>\n The\u00a0<\/span>ESB<\/span><\/strong>\u00a0<\/span>informed that\u00a0<\/span><\/strong>it has 2228 criminal proceedings, of which 1700 were initiated by other bodies. 126 have already been closed.<\/span><\/p>\n At the same time, some agencies, such as the National Police, did not have much information to report, so they were tasked by the Commission to prepare and share such reports.<\/span><\/p>\n For its part, the business raised the issue of pressure from law enforcement agencies, corruption risks, and the importance of establishing the rule of law in the country, as currently, it is difficult to prove violations by the authorities (because often the individuals\/entities involved in abuses document everything correctly or have all the necessary documents), expensive and time-consuming. This situation should not be the case if the country wants existing businesses to work and new investments to enter the country.<\/span><\/p>\n It was agreed that the business associations would prepare and share proposals on how to promote the effective establishment of the rule of law in the country and minimize corruption risks.<\/span><\/p>\n So we sincerely hope that the business voice and issues will be listened to and we will be able to create a stable foundation in the country. Because pressure, corruption, etc. (especially in the current situation) are anti-state actions that deserve immediate responsibility!<\/span><\/p>\n <\/p>","protected":false},"excerpt":{"rendered":" Last week, the European Business Association joined the Parliamentary meeting on the Protection of Investors’ Rights chaired by Halyna Yanchenko (the work of this Commission was extended; it was its first meeting after the extension). Key business issues were discussed, including pressure on business by law enforcement agencies, searches, protection of investors from possible illegal […]<\/p>\n","protected":false},"author":33544,"featured_media":536499,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false},"categories":[4,22],"tags":[],"yoast_head":"\n