Asset Recovery and Management Agency (ARMA) and the Prosecutor General’s Office signed the Inventory report of court orders and assets.

Since the second half of 2023, ARMA has been implementing internal reforms. The Agency became a co-author of the governmental draft law on reform and submitted a total of 920 comments and recommendations to parliamentary initiative No. 12374-d.

ARMA initiated the establishment and updating of the Unified State Register of Assets Seized in Criminal Proceedings, the review of management agreements and the termination of ineffective ones, the development of new rules for the management and disposal of assets, and consistent work in accordance with these rules. The Agency initiated audits by the State Audit Service and the Accounting Chamber.

According to the report, the Accounting Chamber emphasized the need to strengthen cooperation with the Prosecutor General’s Office and recommended that Parliament adopt 12 draft laws developed by ARMA.

ARMA and the Prosecutor General’s Office have completed the most extensive inventory of assets in ARMA’s history. For the first time in ten years, the accurate number and condition of assets transferred to ARMA’s management have been determined.

Within this activity:

the working group on inventory issues established,

the State Court Administration was involved, and its information resources were used,

the absence of certain court decisions in the Unified State Register of Assets Seized in Criminal Proceedings has been established.

Information was obtained and consolidated regarding court decisions on the cancellation of seizure, confiscation, and special confiscation of assets transferred to ARMA, data on the closure of criminal proceedings, as well as decisions of the High Anti-Corruption Court on the application of sanctions provided for in paragraph 11, part 1, Article 4 of the Law of Ukraine “On Sanctions.”

This data must be entered into the Unified State Register of Seized Assets, the modernization of which has been launched. Comprehensive information on assets should be accessible to law enforcement authorities and the public.

In addition, new criteria for determining the enforcement status of court orders and decisions have been defined in cooperation with the Prosecutor General’s Office, namely:

• In progress — court orders under which asset management is being carried out;
• Execution completed — closure of proceedings, cancellation of seizure, decision on transfer to management, or confiscation;
• Partially executed — limited possibility of enforcing the court order;
• Circumstances preventing execution — court orders without a prosecutor’s motion, absence of assets, destruction, location in temporarily occupied territory, absence of a full seizure, etc.

On May 25, 2025, ARMA held another meeting of the Working Group, which resulted in the adoption of the inventory report on court orders and decisions covering the entire period of ARMA’s activity. The report reflects the following:

1. 169,900 court rulings recorded in the Unified State Register of Seized Assets in Criminal Proceedings;
2. 412,000 assets seized pursuant to court decisions;
3. 1,296 decisions on the transfer of assets to ARMA’s management, covering more than 90,000 assets;
4. 70,706 assets currently under the Agency’s management.

All court orders (decisions) are classified under four criteria:

• 791 rulings — measures for asset management are being implemented by the Asset Management Performance Monitoring Department (755 fully executed, 36 partially executed; these rulings cover more than 70,000 assets);
• 505 rulings — either execution has been completed or there exist circumstances preventing execution, including:

• 371 rulings — execution completed (closure of proceedings, cancellation of seizure, confiscation, etc.);
• 134 rulings — not subject to execution (absence of a prosecutor’s motion, absence of assets at the location, destruction, presence in temporarily occupied territory, absence of all components of the seizure, etc.), with a total of more than 19,409 assets.

As of now:

• 90,115 assets have been transferred to ARMA’s management;
• of these, 19,409 assets (under 134 rulings) are not subject to execution;
• among the 70,706 assets:
  • 36,534 have been transferred under management agreements pursuant to handover acts;
  • 849 have been sold;
  • under 188 rulings, monetary funds have been placed on deposit (total amount equivalent to UAH 2,380,292,874.10);
  • 33,135 assets are undergoing preparatory measures for transfer or sell (inspection, valuation, market consultations, document verification, consideration by the Antimonopoly Committee of Ukraine, or competitive selection via Prozorro).

Among the assets, the management of which is currently blocked by law, a significant share consists of corporate rights and seized property of the russian federation. These assets fall both within the category of those not subject to execution (19,409) and within the group for which preparatory measures are ongoing (33,135).

Following the results of the Working Group’s activity, regular updates of information and quarterly inventories between ARMA and the Prosecutor General’s Office have been initiated.

We are reforming the system through our own efforts and expect legislative strengthening of ARMA, in line with the Constitution and aimed at ensuring the unity of all state authorities in the fight against the aggressor and crime.