The President announced the establishment of the National Bureau of Financial Investigations

The President announced the establishment of the National Bureau of Financial Investigations

The President stated the work on the Draft Law concerning the National or State Bureau of Financial Security or Financial Investigations is still pending.

It is provided that the new authority separating the economy and business from the impact of the Prosecutor General Office of Ukraine, Security Service of Ukraine, National Anti-Corruption Bureau of Ukraine, National Police, Ministry of Internal Affairs and other law-enforcement bodies  shall be launched.

The President noted that the Bureau will become an intellectual center applying modern risk-oriented methods of criminal analysis.

The President also reported the new Bureau will operate in compliance with ten global principles for combating tax crimes, which were adopted at the Organization for Economic Cooperation and Development forum held in London last year on 9 November.

In addition, it is emphasized that the reform of these bodies has not been completed yet.