​The first meeting of the Temporary Special Commission of the Verkhovna Rada on Protection of Investors' Rights took place

On June 19, 2020, the leader of real estate and construction practice of Salkom Law Firm Tymofii Sykorskiy took part in the first meeting of the Temporary Special Commission of the Verkhovna Rada on Protection of Investors' Rights.

During the meeting, which took place in the format of a round table in the Kyiv International Convention Center “Parkovy” legislative initiatives on Combating Raiding in Ukraine were discussed.

In particular, the proposals of the “Business Varta” Public Organization and the Ukrainian Institute of the Future on strengthening the responsibility for crimes in the field of economic activity, changes to legislation of counteraction to raiding, developed by the Ministry of Justice of Ukraine and proposals of Notary community and American Chamber of Commerce in Ukraine were discussed.

The Temporary Special Commission of the Verkhovna Rada on Protection of Investors' Rights was established by the Verkhovna Rada on June 5, 2020 with a term of one year. During the first six months a report on the results of the Commission's work will be prepared and heard by Parliament.

The Commission is a collegial body of the Verkhovna Rada consisting of 13 people’s deputies. The Commission aims to improve the investment climate in Ukraine. Commission's work will be carried out by direct consideration of the complaints of representatives of business entities, as well as by developing changes to the legislation in the field of investment.

It should be noted the appropriate format of the event, which allowed to discuss the issue of combating raiding in a format of round table, which was attended not only by members of the Commission, but also by representatives of the Government and relevant Public organizations and Unions. The Commission's approach to focus on specific issues was also very successful, which should result in effective changes to the laws.