Initiated cooperation between SFMS and National Anti-Corruption Bureau of Ukraine

On 30.07.2015 Head of the State Financial MonitoringService of Ukraine Igor Cherkaskiy and Director of the National Anti-Corruption Bureau of Ukraine Artem Sytnyk signed an agreement on interagency cooperation and exchange of information in the area of prevention and counteraction to legalization (laundering) of proceeds from crime, terrorist financing and anti-corruption in Ukraine. The agreement aims at establishing the basic principles of interaction between SFMS and National Anti-Corruption Bureau of Ukraine and the exchange of the information necessary to fulfill the tasks of counteraction to legalization (laundering) of proceeds from crime or terrorist financing and the prevention, detection, suspension, investigation and disclosure of corruption offenses committed by senior officials and the prevention of new ones in accordance to the legislation of Ukraine. As noted during the signing by the Head of SFMS Igor Cherkaskiy: «Currently, the signing and implementation of this Agreement is very important and urgent step caused by the need to combine joint efforts to achieve effective results in the fight against financial crime and corruption, and it is important that such work SFMS holds jointly with the National Anti-Corruption Bureau of Ukraine». During the signing of the Agreement it was also agreed on regular working consultations to discuss and address urgent issues.  In addition, executives of SFMS and National Anti-Corruption Bureau of Ukraine agreed on exchange of experience for the effective training of personnel in the sphere of prevention and counteraction to legalization (laundering) of proceeds from crime or terrorist financing and anti-corruption. The agreement is another step towards transparency of state bodies in the sphere of combating legalization (laundering) of proceeds from crime, terrorist financing and corruption in Ukraine.