A set of measures to assess risks in the economic sector

In accordance of Article 13 of the Law of Ukraine «On the Economic Security Bureau of Ukraine» the ESBU conducts a set of measures to assess risks in the economic sector at least once every three years. The risk assessment also involves regulatory authorities and other state bodies engaged in combating criminal offences and preventing threats to the economic security of the state, as well as business entities.

The purpose of this work is to introduce a procedure for assessing economic risks at the national level as an effective tool for their identification, systematisation and prevention, which will help to develop a unified strategy for minimising the negative consequences of such risks.

This is regulated by the Resolution of the Cabinet of Ministers of Ukraine No. 1509 dated 27 December 2024 ‘On Approval of the Procedure for Conducting a Set of Measures for Risk Assessment in the Economic Sector’, which defines the organisational principles and algorithms of the procedure.

The implementation of the Resolution will ensure

- introduction of unified requirements for the procedure for collecting, processing, assessing and analysing information on existing and/or potential threats (risks) to the economic security of the state

- regulation of the process of organisational and methodological support for the activities (interaction) of participants involved in the implementation of the relevant set of measures,

- establishing prompt information exchange between them in order to effectively achieve their goals,

- development of a joint strategy for overcoming (minimising) negative phenomena in the economy.

Pursuant to Article 13 of the Law of Ukraine «On the Economic Security Bureau of Ukraine» , in accordance with the requirements of paragraphs 9 and 13 of the Procedure for Conducting a Set of Measures for Assessing Risks in the Economic Sector, approved by Resolution of the Cabinet of Ministers of Ukraine No. 1509 dated 27 December 2024, in order to identify risks in the economic sector, the impact of which leads to its shadowing and weakening of the economic security of the state, as well as to develop measures aimed at preventing and/or reducing the negative consequences of such risks, the ESBU Order No. 19 dated 06.02.2025