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ARMA and ANABI improve mechanisms of Ukrainian legislation on management of seized assets

26-08-2024

The team of the Asset Recovery and Management Agency (ARMA), headed by Grigol Katamadze, Deputy Head of ARMA for European Integration, held an online meeting with representatives of the National Agency for the Management of Seized Assets (ANABI) of Romania.

“This is the first and very important meeting between the two key legal departments of our agencies. I am confident that there will be further meetings between the management and tracing specialists. We are strengthening our cooperation at all levels in order to reinforce each other and implement the latest and best European standards of asset recovery and management,” said Grigol Katamadze, Deputy Head of ARMA for European Integration.

This was the first working meeting within the framework of the cooperation agreement. During the meeting, Stanislav Kostiuchenko, Director of the ARMA Legal Support Department, focused the attention of his colleagues on important regulatory issues in the field of finding, tracing and management of seized assets. The main purpose of the discussion was to attract international experience in the field of regulatory regulation to improve the efficiency of ARMA's activities.

At the same time, Eduard Levai, Director of ANABI's Legal Department, told his colleagues from the Ukrainian National Agency about the Romanian agency's experience in the sale of assets abroad. In addition, he spoke about the practice of using seized assets for the social needs of the country's population and aspects of the agency's regulatory activities.