Ukrainian President Volodymyr Zelenskyy has signed a decree establishing a separate court for the protection of investors' rights and assets in the country, according to a message on the president’s website on June 30.
The decision to form this court was made by Ukraine's National Security and Defense Council on June 23. The council, in an effort to expedite judicial reform and combat corruption within the justice system, also decided to request that the Ukrainian parliament increase punishment for corruption. The proposal suggests 10 to 15 years imprisonment for judges found guilty of corruption, along with asset seizure.
The National Security and Defense Council also aims to enhance the role of citizen juries and conduct evaluations of all Supreme Court judges. They decree has also tasked the government, in collaboration with the Venice Commission, with formulating a plan to reform the Constitutional Court of Ukraine.
In December 2020, the parliament passed the law "On State Support for Investment Projects with Significant Investments," also known as the “investment nanny” law.
