The G7 ambassadors to Ukraine have welcomed the adoption of a legislation reforming the Nationwide Company of Ukraine for Discovering, Tracing and Administration of Property Derived from Corruption and Different Crimes (ARMA).
Supply: G7 Ambassadors’ assertion on X (Twitter), as reported by European Pravda
Particulars: The G7 diplomats acknowledged that implementing the ARMA reform legislation is "key for an unbiased asset restoration system to boost Ukraine’s anti-corruption efforts and generate income".
Quote: "Sustained progress on reforms stays important for Ukraine’s Euro-Atlantic integration."
Extra particulars: On 18 June 2025, the Verkhovna Rada adopted the legislation, introducing new necessities for ARMA’s head, a variety course of involving worldwide consultants, a clear asset administration mechanism and oversight of asset transfers.
The invoice handed its first studying on 12 February 2025. The federal government had emphasised its urgency to satisfy European Union necessities.
Background:
- As a part of the Ukraine Facility plan, Ukraine dedicated to approving the ARMA reform legislation to boost its institutional capability.
- The legislation’s adoption was a situation for unlocking €16 million in EU monetary help.
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