Ukraine: Rada took a step to raising the threshold of financial monitoring to 400 thousand hryvnia


November 1 2019

This was reported by the correspondent of # Letters. For the draft law No. 2179 voted 278 deputies.

The bill aims to increase the effectiveness of the system for combating money laundering and combating the financing of terrorism.

The document adapts the FATF recommendations as well as the European Union anti-money laundering and terrorist financing directives, which are already implemented in all EU member states and are mandatory for countries applying for membership, into the national legislation of Ukraine.