Ukraine's Verkhovna Rada passed a bill in its first reading that would restore the obligation of political parties to report on their funding, aiming to minimize oligarchic influence and enable the National Agency for Prevention of Corruption to enforce financing restrictions.

The bill is aimed at minimizing the potential oligarchic influence on political parties, improving the mechanisms of public funding and state control over the activities of political parties

The main goal is to restore reporting by political parties and verification of their reports

The obligation for political parties to submit their quarterly reports on property, income, and expenses was adopted in 2015 as part of reforms on political financing

The measure was suspended on April 2, 2020 during the Covid-19 pandemic

Only 7.4% of registered parties submitted their financial reports by Oct. 2021

President Volodymyr Zelenskyy appointed Andrii Kostin as Prosecutor General via decree No. 538/2022 published on the website of the Office of the President.