Zelensky says the law is not intended to kill off big business but to neutralise corrosive influences on the political system. The law placed before parliament on June 2 requires a list of designated oligarchs to be drawn up, with asset declarations and certain restrictions on what they can do outside their core commercial activities.
- The oligarch bill will dominate the domestic agenda over the coming weeks, overshadowing other, often more pressing issues.
- The law may undergo some amendment, though not necessarily substantive.
- Foreign lenders will welcome the law without allowing it to be used as an excuse for evading thorough systemic reforms.