Interfax-Ukraine

News about recent political developments in Ukraine, key Ukrainian economic news and major current events in the CIS and the rest of the world.

https://en.interfax.com.ua/

Ukraine pledges to legally ensure independence of AMCU head appointment from political interference - memo.

Ukraine, within the framework of a memorandum with the International Monetary Fund (IMF), pledged to pass legislation on the financial and operational independence of the Antimonopoly Committee of Ukraine (AMCU), as well as on the transparent, competitive and protected from political interference appointment of the head of the committee and state commissioners.

"We will create a working group with key stakeholders including the NEURC, the Ministry of Energy and the Anti-Monopoly Committee of Ukraine (AMCU) whose task will be to develop and promulgate by end-March 2022 a joint workable action plan to ensure development and enforcement of market and anti-monopoly regulations, including effective unbundling of DSOs (distribution system operators) and suppliers in all regions so that they cannot have the same beneficial owner. The regulator will be responsible for verifying the effectiveness of the unbundling," according to the document.

"We will also adopt legislation to ensure the AMCU's financial and operational independence; that the appointment of its chairman and commissioners is transparent, competitive and insulated from political interference and a clear exhaustive list of reasons for their dismissal is provided; that its powers are strengthened to conduct physical searches, confiscate documents and to obtain information from, and share information with law enforcement agencies and other government bodies; and that its decisions will gain the status of enforcement documents, so that there is no need for a court process to enforce decisions. Finally, the AMCU will publish information on the initiation and results of its investigations," the memo reads.

Related news
After Flurry Of Smash-And-Grab Thefts, Malls Increase Security.

After Flurry Of Smash-And-Grab Thefts, Malls Increase Security.

Store owners and shoppers are on edge after a number of California malls were hit by what police call “flash mob thefts” ahead of the major holiday shopping weekend. Both major retailers and mom-and-pop shops have been impacted. » Subscribe to NBC...

Nation Celebrates Thanksgiving Together Amid Pandemic.

Nation Celebrates Thanksgiving Together Amid Pandemic.

A huge crowd gathered for the Macy’s Thanksgiving Day Parade after a downsized event in 2020 due to the pandemic. But as many families celebrate together again, Covid cases are rising in parts of the Midwest and Northeast. » Subscribe to NBC News:...

High fire danger leads to safety power shutoffs in Southern California.

High fire danger leads to safety power shutoffs in Southern California.

As strong Santa Ana winds whip through the area, power companies carried out electricity shutoffs as a last resort attempt to prevent downed power lines from sparking more wildfires.

Guilty Verdict In Ahmaud Arbery’s Murder Spurs Conversation On Change.

Guilty Verdict In Ahmaud Arbery’s Murder Spurs Conversation On Change.

Three white men were found guilty of felony murder in the death of Ahmaud Arbery, a Black man who prosecutors say was out jogging. “Criminal trials don’t make social policy, but they do tell us something about the country,” Washington Post columni...

Ahmaud Arbery's mother: 'Today is Thanksgiving and I'm really thankful'.

Ahmaud Arbery's mother: 'Today is Thanksgiving and I'm really thankful'.

Wanda Cooper-Jones spoke to "Good Morning America" a day after a Georgia jury found three men guilty of murdering her 25-year-old son.

Thanksgiving celebrations return since start of COVID-19 pandemic.

Thanksgiving celebrations return since start of COVID-19 pandemic.

Cities across the country brought back Thanksgiving Day parades that had been canceled last year. Holiday travel was back up, with airports seeing pre-pandemic levels of passengers.