Zelensky signs law on Bureau of Economic Security
Ukrinform
President of Ukraine Volodymyr Zelensky signed the Law “On the Bureau of Economic Security of Ukraine,” No.1150-IX, which was adopted by the Verkhovna Rada on January 28, 2021.
"The document creates institutional conditions for protecting economic processes from pressure from law enforcement agencies, which is supported by Ukraine's international partners. The main function of the Bureau of Economic Security will be analytical work, not enforcement powers. The Bureau will analyze the beneficiaries of financial transactions and check whether there is a violation of the law in the circulation of funds of certain business or government agencies,” reads the report.
The Bureau will be given the appropriate powers of the Security Service and the Tax Police. The activities of the Bureau will be directed and coordinated by the Cabinet of Ministers.
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