Regulatory Alerts2025-08-22 | 13/21/2796/К03Added · Updated
Decision on Approving the Procedure for Supervision of Compliance by Primary Financial Monitoring Subjects with Anti-Money Laundering and Counter-Terrorist Financing Legislation
The National Commission for Securities and Stock Market of Ukraine approves a new procedure governing the supervision of primary financial monitoring subjects regarding compliance with anti-money laundering, counter-terrorist financing, and counter-proliferation financing legislation. The document establishes the framework for conducting planned and unplanned on-site and off-site inspections, including specific risk-based criteria for inclusion in inspection plans, notification timelines of 10 working days for planned inspections and 2 working days for unplanned ones, and maximum durations of 45 working days for on-site and 65 working days for off-site checks. It also invalidates the previous Commission Decision No. 1038 from July 17, 2015, and mandates the publication of the new decision on the Commission's official website following state registration.
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