News
04.11.2016

Business will breathe: Parliament liberalized supervision and control system

On November 3, the Verkhovna Rada adopted the Draft Law “On Amendments to the Law of Ukraine “On Principles of state supervision (control) in the sphere of economic activity” that had liberalized the system of state supervision (#2418a).

According to the Market Surveillance Sector Head of the Better Regulation Delivery Office (BRDO) Volodymyr Holovatenko who had participated in its development, the adoption of this draft law will improve the domestic business environment and help business entities to organize their activity with more predictable and clear regulation.

The expert also noted that an important innovation was the fact that the spheres, which the legislation had never put a focus on, fall within the scope of this regulatory act for the first time. For example, it is the state supervision in the sphere of civil aviation, compliance with nuclear security and labour legislation requirements. Volodymyr Holovatenko believes that from now on, this approach will allow creating the common rules for almost all regulatory bodies.

According to the adopted law, the periodicity of planned inspections of business entities with high risk will be decreased – such entities will be inspected biyearly.

In addition, certain public responsibility of a regulatory body will be introduced – if it doesn’t post a unified form of the act with a list of questions to inspect a business entity on its website, so it is not allowed to conduct the inspection.

An Integrated automated system of state supervision (control) will be created to systematize the inspections information.

“This is a real reformatory step in building the civilized state supervision system,” the expert stated.

The Source: “24”