Entry Into Force of Law on ARMA Reform Provides for About EUR 600 Ml Under Ukraine Facility Program – Head of Rada Committee

Entry into force of law on ARMA reform provides for about EUR 600 ml under Ukraine Facility program – head of Rada committee

The entry into force of the law on the reform of the Assets Tracing and Management Agency (ARMA) provides access to funding in the amount of about EUR 600 million under the Ukraine Facility program, said head of the parliamentary committee on anti-corruption policy Anastasia Radina (the Servant of the People faction).

Zelenskyy signs a law to reform ARMA in order to secure €600M in EU funding.

President Zelenskyy approved Law No. 12374-d, which enhances the institutional capacity of the National Agency of Ukraine for the Identification, Search, and Management of Assets Derived from Corruption and Other Crimes (ARMA), and to improve asset management systems. The law outlines ARMA’s reform, including new requirements for its head, a selection process involving international experts, a transparent asset management system, and increased o…