Oschadbank and Ukreximbank had no supervisory boards for almost seven months. As we reported in December 2023 (see Issue 113), even though the Cabinet of Ministers appointed the new independent members of Ukreximbank’s supervisory board on May 30, the same ordinance appears to have blocked the board’s work. Under the ordinance, independent members serve for three years from the date on which all independent members officially assume their roles.
Earlier on Dec. 25, David Arakhamia, head of President Volodymyr Zelensky's Servant of the People faction in parliament, said that the Cabinet was expected to submit the draft law regardless of the holiday. "The working algorithm has not changed. The military command has submitted a request to mobilize 500,000 military personnel. The government is developing rules," Arakhamia wrote.
Ukreximbank has been operating without a supervisory board for over six months. Despite the fact the Cabinet of Ministers appointed the new independent members of Ukreximbank’s supervisory board on May 30, the same ordinance of the Cabinet appears to have blocked the board’s work. According to that ordinance, independent members serve for three years from the date on which all independent members officially assume their roles.
Cabinet approves Ukraine’s action plan to implement OECD’s program for Ukraine. The action plan matches the projects stated in the four-year Country Program launched by OECD and the Government of Ukraine on June 7. Policies to improve the financial market and corporate governance in 2024-2025 will be reviewed.
Glib Kanievskyi, the head of the Kyiv-based think tank StateWatch, explained in an interview with NV Radio on Oct. 25 why Ukrainian defense enterprises are asking the government to protect them from “attacks” by state auditors and law enforcement due to an alleged mistake in a government document.