In wartime, the State Financial Monitoring Service of Ukraine, as the financial intelligence unit of Ukraine, takes enhanced practical and organisational measures to counteract the legalization (laundering) of the proceeds of crime, the financing of terrorism and the financing of the proliferation of weapons of mass destruction (hereinafter - AML/CFT/PWMD), based on the implementation of
- The Law of Ukraine ‘On Prevention and Counteraction to Legalisation (Laundering) of the Proceeds of Crime, Terrorist Financing and Financing of the Proliferation of Weapons of Mass Destruction’, acts of the Cabinet of Ministers of Ukraine and the Ministry of Finance of Ukraine;
- Action Plan aimed at preventing and/or mitigating the negative consequences of the risks identified by the third national risk assessment in the field of preventing and counteracting the legalisation (laundering) of proceeds of crime, terrorist financing and financing of the proliferation of weapons of mass destruction for the period up to 2026 (CMU Order No. 1207-p of 27.12.2023);
- Strategic Development Programme of the State Financial Monitoring Service for the period up to 2024;
- Priorities of the State Financial Monitoring Service for the period of martial law, approved by the Ministry of Finance of Ukraine.
This work is carried out in coordination with national and international partners in order to take effective practical steps, including international legal steps, to effectively sanction the terrorist country.
The official website of the State Financial Monitoring Service of Ukraine, continuing the work started after the introduction of martial law, published key statistics on the work of the financial intelligence unit in the international and domestic arena on a weekly basis.
Information collection and processing
In the first half of 2024, the State Financial Monitoring Service of Ukraine registered 813,983 reports on financial transactions subject to financial monitoring from the subjects of primary financial monitoring.
Analytical research
In the first half of 2024, the State Financial Monitoring Service of Ukraine prepared 570 materials (325 summary materials and 245 additional summary materials).
These materials contain the amount of financial transactions that may be related to money laundering and criminal offences, amounting to UAH 41.5 billion.
- The Law of Ukraine ‘On Prevention and Counteraction to Legalisation (Laundering) of the Proceeds of Crime, Terrorist Financing and Financing of the Proliferation of Weapons of Mass Destruction’, acts of the Cabinet of Ministers of Ukraine and the Ministry of Finance of Ukraine;
- Action Plan aimed at preventing and/or mitigating the negative consequences of the risks identified by the third national risk assessment in the field of preventing and counteracting the legalisation (laundering) of proceeds of crime, terrorist financing and financing of the proliferation of weapons of mass destruction for the period up to 2026 (CMU Order No. 1207-p of 27.12.2023);
- Strategic Development Programme of the State Financial Monitoring Service for the period up to 2024;
- Priorities of the State Financial Monitoring Service for the period of martial law, approved by the Ministry of Finance of Ukraine.
This work is carried out in coordination with national and international partners in order to take effective practical steps, including international legal steps, to effectively sanction the terrorist country.
The official website of the State Financial Monitoring Service of Ukraine, continuing the work started after the introduction of martial law, published key statistics on the work of the financial intelligence unit in the international and domestic arena on a weekly basis.
Information collection and processing
In the first half of 2024, the State Financial Monitoring Service of Ukraine registered 813,983 reports on financial transactions subject to financial monitoring from the subjects of primary financial monitoring.
Analytical research
In the first half of 2024, the State Financial Monitoring Service of Ukraine prepared 570 materials (325 summary materials and 245 additional summary materials).
These materials contain the amount of financial transactions that may be related to money laundering and criminal offences, amounting to UAH 41.5 billion.
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