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Verkhovna Rada Approves Law on Cash Theft Liability
The Verkhovna Rada, Ukraine's parliament, approved a law (Law No. 16013) on October 28, which introduces a separate criminal liability for operations involving payment instruments and bank accounts if they are used for robbery or other crimes. The law also imposes imprisonment for repeat offenses or organized groups. The maximum sentence for separate offenses is eight years. The law covers not only direct perpetrators of robbery but also those who provide such schemes with payment instruments and account access.