Recent Posts
- State Cybersecurity Policy: Ukraine and International Experience 29.03.2025
- Ukraine recovery should be based on development of territorial communities, innovations, involvement of professional domestic community – results of ESUR forum 29.06.2023
- Ukraine repatriates five more seriously wounded Russian POWs 10.04.2023
- Rada intends to include history of Ukraine, foreign language in final certification for general secondary education 10.04.2023
- Rada terminates protocol on joint anti-terrorist measures in CIS territories for Ukraine 10.04.2023
Rada increases amount of money transfer for primary financial monitoring to more than UAH 5,000
KYIV. Sept 9 (Interfax-Ukraine) – The Verkhovna Rada has adopted at the final reading bill No. 5559, which specifies the amount of money transfer, which is subject to primary financial monitoring, to more than UAH 5,000.
The amendments to the law on preventing and combating money laundering were backed by 315 MPs with the required 226 votes.
The bill authored by Ihor Fris, MP from Servant of the People parliamentary faction, specifies the amount of cash transfers that are carried out without observing identification requirements, defining it "in an amount that does not exceed UAH 5,000," while the preliminary requirement is indicated in the law as "the amount, which is less than UAH 5,000."
