News fiu.gov.ua State Financial Monitoring Service of Ukraine https://www.fiu.gov.ua/ To the Victory of Ukraine together! /en/pages/dijalnist/funkcional/news/derzhfinmonitoring-do-peremogy-ukraini-razom-02-12-2022.html News 2022-12-02 11:12:00 Public appeal to the FATF in order to include the Russian Federation (RF) in the “black list” and exclude it from the membership in this organization /en/pages/dijalnist/funkcional/news/publichnyy-zaklyk-do-fatf-z-metoyu-vnesennya-rf-do-chirnogo-spysku.html Dear members, observers and associate members of the FATF! We are grateful to you for the efforts that are made by the FATF with your support in order to condemn and respond appropriately to blatant... News 2022-12-01 15:12:00 Dear members, observers and associate members of the FATF! We are grateful to you for the efforts that are made by the FATF with your support in order to condemn and respond appropriately to blatant violations of international standards by the RF, in particular, systematic acts of terror committed on the territory of Ukraine, support for international terrorism and RF’s violation of the global sanctions regime. At the summer and autumn FATF Plenary meetings, the SFMS presented Ukraine’s position with specific arguments regarding imposing sanctions on the RF. We appreciate all the introduced countermeasures against the RF on the FATF platform regarding the limitation of membership powers. However, the risks posed by the RF to the Global Network and the financial system’s integrity tend to grow and therefore require an adequate response, as stipulated by the FATF Mandate. Russia’s recent intensification of brutal attacks on Ukraine’s civilian population by shelling apartment blocks, hospitals and causing large-scale damages to Ukraine’s power grids, leading to a “blackout”, has affected every Ukrainian. Two international organizations that took a tough and timely response to these criminal acts, were the NATO Parliamentary Assembly and the European Parliament. We would like to draw your attention to the following. On November 21, 2022, the NATO Parliamentary Assembly, after the speech of the President of Ukraine, Volodymyr Zelenskyy, adopted a number of resolutions, which, in particular, called on the Governments and Parliaments of NATO countries to: -        state clearly that the Russian state under the current regime is a terrorist one; -        increase military, intelligence, financial, training and humanitarian support to Ukraine, and sustain this support for as long as it takes for Ukraine to prevail; -        empower the FATF’s work on terrorist financing and parallel efforts by the IMF, the World Bank, the European Union, and the United Nations. On November 23, 2022, the European Parliament overwhelmingly adopted a resolution to recognize the Russian Federation as a state sponsor of terrorism, where, in particular: -        underlines that the deliberate attacks and atrocities carried out by the Russian Federation against the civilian population of Ukraine, the destruction of civilian infrastructure and other severe violations of human rights and international humanitarian law amount to acts of terror against the Ukrainian population and constitute war crimes; in the light of the above, recognizes Russia as a state sponsor of terrorism and as a state which uses means of terrorism; -        calls for the EU and its Member States to develop an EU legal framework for the designation of states as sponsors of terrorism and states which use means of terrorism; calls on the Council to subsequently consider adding the Russian Federation to such an EU list of state sponsors of terrorism; calls on the EU’s partners to adopt similar measures; -        calls for the EU and its Member States to take action to initiate a comprehensive international isolation of the Russian Federation, including challenging Russia’s membership of international organizations and bodies such as the United Nations Security Council; -        calls on the Council to include the Wagner Group and the 141st Special Motorized Regiment, also known as the Kadyrovites, as well as other Russian-funded armed groups, militias and proxies, such as those active in the occupied territories of Ukraine, on the EU list of persons, groups and entities involved in terrorist acts (EU terrorist list). The resolution also urges all countries to terminate their relationships with companies affiliated with the Wagner Group and to comply with their obligations under international law by holding to account all perpetrators of grave violations and abuses of human rights and violations of international humanitarian law committed on their territory. With its mandate to protect the integrity and transparency of the global financial system, FATF needs to heed the above calls. In addition, the FATF reaffirms its commitment to responding swiftly to significant new threats, including those identified by the multilateral fora (paragraph 6 of the Declaration of the Ministers of the FATF Member States dated April 21, 2022). As stated in the FATF Public Statements on the Russian Federation (published in March, April, June and October), the FATF will continue to monitor the situation and consider the issue of the Russian Federation at each of its Plenary meetings Ahead of the next FATF Plenary meeting in February 2023, we call on all FATF members to consolidate their efforts, including seeking technical arguments and materials relevant to the FATF Mandate, in order to provide a solid, adequate and fair response to the international terror that is spreading around the world through the terrorist regime of the Russian Federation. The State Financial Monitoring Service of Ukraine expresses its full readiness to cooperate on this issue. Sincerely, Head of the SFMSIgor CHERKASKYI CONGRATULATION <br>of the Head of the State Financial Monitoring Service of Ukraine, Igor Cherkaskyi, on the occasion of the Day of the Financial Monitoring System Employee /en/pages/dijalnist/funkcional/news/pryvitannia-golovy-derxhavnogo-monitoryngu-z-nagody-dnya-pratsivnyka-systemy-finansovogo-monitiryngu.html Dear colleagues! I sincerely congratulate you on your professional holiday, which is celebrated on November 28 – the Day of the Financial Monitoring System Employee! Today, in these difficult times... News 2022-11-28 09:00:00 Dear colleagues! I sincerely congratulate you on your professional holiday, which is celebrated on November 28 – the Day of the Financial Monitoring System Employee! Today, in these difficult times for our country, standing on guard of the country’s financial security is a very responsible and honorable mission. You selflessly continue to maintain the financial front of Ukraine with your hard work. I am firmly convinced that the stability and integrity of our financial system depends on your professionalism and determination, which means the well-being of Ukrainians and our further victory over the fierce enemy. I believe that only together and with conscientious work we will be able to overcome the invader and rebuild our country as soon as possible. I express my gratitude and wish you and your families strength, courage, and good health! Glory to Ukraine and its Defenders! To the victory of Ukraine together! Sincerely,Igor Cherkaskyi To the Victory of Ukraine together! /en/pages/dijalnist/funkcional/news/derzhfinmonitoring-do-peremogy-ukraini-razom-18-11-2022.html News 2022-11-18 12:00:00   Contribution of the SFMS has been recognized by the Egmont Group /en/pages/dijalnist/funkcional/news/viznano-vnesok-derzhfinmonitoringu-u-diyalnist-egmontskoji-grupi-pfr.html As the Financial Intelligence Unit of Ukraine (FIU of Ukraine), the SFMS year on year has been working on improving the methods and tools for prevention and counteraction to money laundering,... News 2022-11-16 15:45:00 As the Financial Intelligence Unit of Ukraine (FIU of Ukraine), the SFMS year on year has been working on improving the methods and tools for prevention and counteraction to money laundering, financing of terrorism and financing of proliferation of weapons of mass destruction. Understanding the global nature of money laundering and financing of terrorism schemes, the SFMS is an active member of the world intelligence society – the Egmont Group of financial intelligence units. The Egmont Group is a professional network to enhance the effectiveness of the exchange of information and experience among the FIUs of the global community, which unites FIUs of 166 jurisdictions. The Egmont Group provides a facility for the secure sharing of financial intelligence to combat money laundering, financing of terrorism and related predicate offences. Only during recent years of work in the framework of plenary sessions, working groups and projects, the FIU of Ukraine: - has sent to the Egmont Group information on case studies related to the concealment of the beneficial ownership of assets or transactions, cross-border ML networks, human trafficking, fight against corruption, and large-scale ML schemes; - as a member of the project team, has taken part in at least four Egmont Group projects, as a co-leader in two of them. Among the topics on which the SFMS has worked on, there were investigations into serious tax crimes, cybercrimes and FinTech, cooperation with customs authorities, fight against corruption, etc. The last of the completed projects of the Egmont Group shortly before the full-scale armed aggression – the war of the RF against Ukraine, where the FIU of Ukraine acted as one of the leaders, was the project “Assets Recovery – The Role FIUs”. In the last few years, the SFMS became one of the most active FIUs among the members of the Egmont Group and has taken the 2nd place in the region in terms of activity and contributions to the activities of the Egmont Group. The Chair of the Egmont Group has recognized the contribution of the FIU of Ukraine to the activities of the Egmont Group, for which the FIU of Ukraine received a corresponding award. Responding to the award, the Head of the State Financial Monitoring Service of Ukraine, Igor Cherkaskyi, expressed his gratitude to the Chair of the Egmont Group for recognition of the contribution of the FIU of Ukraine and emphasized that the SFMS would persistently continue its work on all global AML/CFT platforms in order to impose sanctions against the aggressor country and its competent authorities. At the same time, in operational activities, one of the priorities of the FIU’s activity of Ukraine is counteraction and prevention of financial transactions for money laundering, financing of terrorism and financing of proliferation of weapons of mass destruction, related to entities of the RF, their collaborators etc. Informing on the results of the State Financial Monitoring Service of Ukraine work for 9 months of 2022 /en/pages/dijalnist/funkcional/news/Informuvannya-pro-rezultati-roboti-derzhfinmonitoringu-za-9-misyacziv-2022-roku.html The State Financial Monitoring Service of Ukraine, as the financial intelligence unit of Ukraine, in wartime takes enhanced practical and organizational measures to counteract to legalization... News 2022-10-26 09:30:00 The State Financial Monitoring Service of Ukraine, as the financial intelligence unit of Ukraine, in wartime takes enhanced practical and organizational measures to counteract to legalization (laundering) of the proceeds from crime, financing of terrorism and financing of proliferation of the weapons of mass destruction, which are based on the implementation of: the Law of Ukraine “On Preventing and Counteracting to Legalization (Laundering) of the Proceeds from Crime, Financing of Terrorism and Financing of Proliferation of Weapons of Mass Destruction”, acts of the Cabinet of Ministers of Ukraine and the Ministry of Finance of Ukraine; the Main Directions of the Development of the Prevention and Counteraction to Legalization (Laundering) of the Proceeds of Crime, Terrorist Financing and Financing of Proliferation of Weapons of Mass Destruction System in Ukraine for up to 2023 and Action Plan for Their Implementation (Regulation of the CMU of 12.05.2021 No. 435-r); the Action Plan on Improvement of the National Financial Monitoring System following the Results of the MONEYVAL’s 5th Round Mutual Evaluation of Ukraine; the SFMS Strategic Development Programme for up to 2024; the SFMS Activity Priorities 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 terms of taking effective practical steps, including those of an international legal nature, in order to impose effective sanctions on the actions of terrorist country. Collecting and processing information During 01.01.2022 - 30.09.2022, the SFMS has registered 853 465 reports on financial transactions subject to financial monitoring received from the reporting entities, of which: - 35 534 reports on suspicious financial transactions (activity); - 809 244 reports on threshold transactions; - 149 reports on threshold and suspicious transactions (activity); - 8 538 reports on a request for tracking financial transactions. Of the indicated total number of reports, during the wartime period (during 24.02.2022 - 30.09.2022), the SFMS has registered 602 544 reports on financial transactions subject to financial monitoring received from reporting entities, of which: 27 364 reports on suspicious financial transactions (activity); 566 623 reports on threshold transactions; 102 reports on threshold and suspicious transactions; 8 455 reports on a request for tracking financial transactions. Analytical research   During 9 months of 2022, the SFMS has sent 653 referrals to law enforcement agencies (400 case referrals and 253 additional case referrals), in particular to: - the Security Service of Ukraine – 260 referrals (174 case referrals and 86 additional case referrals); - the National police bodies – 127 referrals (94 case referrals and 33 additional case referrals); - the Economic Security Bureau of Ukraine – 90 referrals (64 case referrals and 26 additional case referrals); - the Prosecutor's office – 83 referrals (29 case referrals and 54 additional case referrals); - the State Bureau of Investigation – 50 referrals (26 case referrals and 24 additional case referrals); - the National Anti-Corruption Bureau of Ukraine – 43 referrals (13 case referrals and 30 additional case referrals); In these referrals, the amount of financial transactions that may be related to legalization of the proceeds and commission of a criminal offense is UAH 41,1 billion. Currently, the main activity of the SFMS is to identify the funding channels for persons who may be associated with the military aggression by the Russian Federation (RF) and the Republic of Belarus (RB) against Ukraine, including sabotage and reconnaissance groups. Thus, for 9 months of 2022, the SFMS sent 170 referrals to law enforcement agencies regarding the financial transactions of persons, who are reasonably suspected as collaborators/traitors and may be related to the military aggression of the RF and the RB against Ukraine. For 9 months of 2022, the total amount of financial transactions stopped by the SFMS and funds blocked is UAH 3,55 billion. Within the international cooperation on information exchange, as well as identifying and suspending/freezing assets belonging to persons who organize, ensure and provoke an aggressive war of the RF against Ukraine, and other persons, the SFMS carries out continuous analytical work, in the framework of which, in particular, 1041 requests were sent to the financial intelligence units of foreign countries. Joint analytical studies are ongoing. In addition, a representative of the SFMS participates in the operational group “Task Force” in the direction of identifying and seizing assets belonging to persons who organize, ensure and provoke an aggressive war of the RF against Ukraine, both on the territory of Ukraine and abroad, for the purpose of their subsequent transfer to the state budget of Ukraine for the reconstruction of its destroyed infrastructure. Financial investigations in the facts of laundering of proceeds from corruption, embezzlement and misappropriation of public funds and property are not left out of the SFMS attention. Thus, for 9 months of 2022, the SFMS has sent 57 referrals (14 case referrals and 43 additional case referrals) to law enforcement agencies, related to suspicion of corruption, in particular to: - the National Anti-Corruption Bureau of Ukraine – 43 referrals (13 case referrals and 30 additional case referrals); - the Security Services of Ukraine – 12 additional case referrals; - the Economic Security Bureau of Ukraine – 1 case referral; - the State Bureau of Investigation – 1 additional case referral. In these referrals, the amount of financial transactions that may be related to legalization of the proceeds and commission of a criminal offense is UAH 1,2 billion. Cooperation with financial monitoring entities and public In the framework of cooperation with the private sector, the SFMS, from February 15, 2022, has been testing the exchange of information with the reporting entities by means of the Information and Telecommunication System “The Financial Monitoring System Electronic Cabinet” (e-cabinet), implemented with the support of the EU Anti-Corruption Initiative in Ukraine (EUACI) project. In this regard, with the assistance of the EUACI project, step-by-step video instructions for work in the e-cabinet have been developed and posted on the official website of the SFMS, with the links to the SFMS’s page on the social network YouTube. At this time, testing by external users of the ITS software “e-cabinet SFM” continues to ensure the processing reporting entities’ information and improve the logical control of incoming reports from the reporting entities when processed by the ISFM software in accordance with the requirements of the Order of the Ministry of Finance of Ukraine of 04.06.2021 No. 322. In terms of cooperation with the state financial monitoring entities, an appeal has been sent to each state regulator to strengthen the supervision over reporting entities regarding their application of a risk-oriented approach and risk indicators to RF-related customers. In May of this year, the updated Recommendations on the implementation of the requirements of the legislation in the field of financial monitoring for the period of martial law were prepared and brought to the attention of the reporting entities, in particular in terms of identifying suspicious financial transactions related to the aggressor country, as well as risk indicators of transactions and RF and RB-related customers were sent for use in the work. On April 7, 2022, on the SFMS initiative, the Order No. 113 of the Ministry of Finance of Ukraine “On Amending Clause 4 of the Order No. 322 of the Ministry of Finance of Ukraine of June 4, 2021” was approved, which was registered with the Ministry of Justice of Ukraine on April 22, 2022 No. 443/37779, according to which the effective date of the Order of the Ministry of Finance of Ukraine of 04.06.2021 No. 322 (hereinafter referred to as – the Order of the Ministry of Finance No. 322) has been postponed from May 1, 2022 to the first Monday of the fourth month after the termination or cancellation of martial law. In order to inform the participants of the financial monitoring system and the public, the materials of the public report of the Head of the State Financial Monitoring Service of Ukraine for 2021 and the typological study of the SFMS for 2021 have been published on the official website of the SFMS. On June 30, 2022, the SFMS organized the thirteenth AML/CFT Council meeting. Measures to prevent and counter legalization (laundering) of proceeds of crime, financing of terrorism, and financing of the proliferation of weapons of mass destruction under the martial law were discussed at the meeting. During the period of martial law, the SFMS provides focused cooperation with the public. Thus, on September 27, 2022, with the assistance of the Service, the third meeting of the Public Council under the SFMS was held. During the meeting, the SFMS representatives informed those present about the SFMS’s implementation in 2022 of the state policy in the field of prevention and counteraction to the legalization (laundering) of the proceeds from crime, financing of terrorism and financing of the proliferation of weapons of mass destruction during martial law, other relevant issues were discussed as well. At the same time, within the framework of the methodical work, the SFMS, with the assistance of the OSCE Project Coordinator in Ukraine, has prepared the publication “Review of the Legislation Regulating Virtual Assets”. The publication reviews the legislation comprehensively regulating the sphere of virtual assets turnover, including the prevention and counteraction to money legalization (laundering), financing of terrorism and financing of proliferation of weapons of mass destruction in twenty-four countries of the world. In addition, the official website of the SFMS announced the publication of the FATF Risk-based Approach Guidance for the Real Estate Sector and the Report on Partnering in the Fight Against Financial Crime: Data Protection, Technology and Private Sector Information Sharing. International events Cooperation with the Financial Action Task Force (FATF) During 9 months of 2022, there was a constant exchange of information between the SFMS and the FATF regarding the situation in Ukraine related to the full-scale invasion of the RF. In particular, the SFMS has sent a number of appeals to the FATF regarding the exclusion of the RF from the FATF and the inclusion of the RF and the RB in the FATF blacklist. The SFMS representatives took part (virtually) in the meeting of the International Co-operation Review Group (ICRG) and the FATF Plenary meeting, which were held in Berlin, Germany (On 6-7 and 12 – 17 June, in a hybrid format). During the events, the SFMS representatives presented the position of Ukraine and took part in the discussion of the inclusion of the RF in the FATF blacklist (high-risk jurisdictions, in respect of which the FATF calls on all members and jurisdictions to take actions (counter-measures). According to the results of the Plenary meeting, the FATF published a separate Public Statement and significantly limited the rights and powers of the RF as a FATF member. The SFMS representative also took part in the autumn meetings of the International Cooperation Review Group (ICRG) and the Plenary meeting of the Financial Action Task Force (FATF), which were held in Paris, the French Republic (October 18-21). At the mentioned meetings, the argumentation of Ukraine’s position regarding the further imposing of sanctions on the RF was being consistently continued. As a result of consideration of the RF membership issue, the FATF adopted a relevant Statement, which is posted on the FATF official website. According to the Statement, Russia’s actions continue to violate FATF’s core principles, which aim to promote security, safety and the integrity of the financial system. As a result of Russia’s continuing actions, the FATF has decided to impose additional restrictions on the country’s remaining role, including by barring them from participating in current and future FATF projects.  Russia is also barred from participating in meetings of the FATF-Style Regional Bodies as an FATF Member. These measures expand on the actions that the FATF took in June, which stripped Russia of all its leadership roles among other restrictions. The work of the SFMS and partners in this direction continues. Cooperation with the Committee of Experts on the Evaluation of Anti-Money Laundering Measures and the Financing of Terrorism (MONEYVAL) During the reporting period, there was a constant exchange of information between the SFMS and the MONEYVAL regarding the situation in Ukraine related to the full-scale invasion of the RF. On March 16, 2022, the Council of Europe Committee adopted a decision to exclude the RF from the Council of Europe and, accordingly, from the MONEYVAL, as a working body of the Council of Europe. Under such conditions, the RF is deprived of the right and opportunity to influence anti-legalization measures within the Council of Europe. The SFMS representatives took part in the meeting of the MONEYVAL Working Group on Evaluations and the 63rd Plenary Meeting held in Strasbourg, French Republic (May 16-20, in a hybrid format). The issue on measures taken by our state to comply with the Procedures related to the implementation of the voluntary tax compliance programmes was planned to be considered during this Plenary meeting, but this issue was postponed in connection with the introduction of martial law in Ukraine. The mentioned Plenary meeting was the first meeting after the exclusion of the RF from the Council of Europe and the MONEYVAL and, accordingly, was held without the participation of the RF. Also, in the reporting period, an official letter was received from the MONEYVAL Secretariat on the suspension of the process of reporting on Ukraine’s AML/CFT progress following the results of the MONEYVAL’s 5th round mutual evaluation until the situation in Ukraine returns to normal. Cooperation with the Egmont Group of Financial Intelligence Units For 9 months of 2022, the SFMS has repeatedly communicated with the management and the Secretariat of the Egmont Group of Financial Intelligence Units regarding the situation in Ukraine related to the full-scale invasion of the RF. The Head of the Egmont Group issued an official Public Statement in connection with the military aggression against Ukraine condemning the RF actions. On the SFMS initiative, in cooperation with a significant number of foreign financial intelligence units, the work has been intensified in the direction of analysis and investigation of crimes involving the use of virtual assets with the participation of individuals and legal entities from the RF, as well as their collaborators and related persons. Within the activities of the 28th Plenary meeting of the Egmont Group (10-15 July, Riga, Republic of Latvia), during an operational training session, the SFMS, together with a representative of the FATF and the FIU of Belgium, presented key results and practical solutions regarding global and national asset recovery measures. It is worth noting that the FIU of Ukraine acted as one of the leaders of the Egmont Group project “Asset recovery – the Role of FIUs”, together with the FIU of Belgium. The presentation emphasized the importance of the coordination and cooperation for the effective asset recovery to prevent and counter criminal activity. Currently, this issue is particularly important in the context of the fight against the Russian terrorist war against Ukraine. In addition, the SFMS representatives took part in the Egmont Group meetings, in particular in the meetings of the Working groups, the EUROPE II Regional Group and the Plenary meeting. Also, within the framework of the 28th Plenary meeting of the Egmont Group, the Head of the SFMS Igor Cherkaskyi and the Director of the FIU of Luxembourg Max Braun concluded a Memorandum of Understanding on cooperation in the exchange of financial intelligence related to money laundering, associated predicate offences and terrorism financing. The key objective of the Memorandum is to strengthen and simplify the exchange of financial intelligence between Ukraine and Luxembourg. Practical international steps of financial intelligence The SFMS maintains daily working contacts with the foreign financial intelligence units and the relevant financial regulators on the exchange of intelligence information, as well as on strengthening of the financial supervision of businesses with ties to the RF. This activity is aimed at the prevention of the spread of international terrorism, including blocking of financial transactions, freezing of assets and their subsequent confiscation. In April this year, the SFMS sent an appeal to the Asia-Pacific Anti-Money Laundering Group (APG) to deprive the RF of observer status in this international organization, which was satisfied at the Plenary meeting, which was held on July 26-28, 2022 in Kuala Lumpur, Malaysia. Together with the team of the Ministry of Digital Transformation, as well as with the key crypto experts of Ukraine, the work has been carried out to identify the list of Russian crypto exchangers associated with the banks under sanctions (Sberbank and others), in order to completely block their hosting. Also, in close cooperation with the crypto-providers of Ukraine and the world, a mechanism of spontaneous blocking of crypto-wallets of the RF has been launched. In this regard, the SFMS has sent an appeal to the Binance cryptocurrency exchange with the specific proposals for actions to deter the RF’s aggression in the virtual assets market, as a result of consideration of which Binance has changed its policy and on March 20, 2022, ruled out P2P transactions for a number of Russian banks and payment systems, which were included in the sanctions list. Moreover, other practical measures regarding blocking Russian crypto assets and transactions of Russian residents were implemented. In addition, during 9 months of 2022, the SFMS initiated and ensured cooperation with the regulatory authorities of the financial sector of more than 100 countries to strengthen the implementation of financial supervision measures in relation to individuals of the RF. In connection with the aggressive war against Ukraine, the SFMS has severed bilateral ties with the Federal Financial Monitoring Service of the RF and the Department of Financial Monitoring of the State Control Committee of the RB.   _______________________________ The State Financial Monitoring Service of Ukraine took part in the FATF Plenary meeting. Another FATF Statement on the further RF’s membership restrictions has been published /en/pages/dijalnist/funkcional/news/derzhfinmonitoring-vzyav-uchast-u-plenarnomu-zasidanni-FATF-oprilyudnena-chergova-zayava-FATF-shhodo-podalshogo-obmezhennya-prav-chlenstva-rf.html During October 18-21, 2022, the SFMS participated in the regular FATF Plenary and the relevant Working Groups meetings which took place in Paris, France. The Plenary meeting considered a number of... News 2022-10-21 20:29:00 During October 18-21, 2022, the SFMS participated in the regular FATF Plenary and the relevant Working Groups meetings which took place in Paris, France. The Plenary meeting considered a number of issues related to the global AML/CFT/PF actions taken by the FATF and its members, namely: -         Reports of the Working groups (ICRG, GNCG, RTMG); -         RF’s membership status in the FATF and imposing sanctions on it by the FATF; -         The FATF President priorities for 2022-2024 etc. Following the consideration of the RF membership issue, the FATF adopted the relevant Statement published on its official web-site. According to the Statement, the FATF reiterated its deepest sympathies for the needless loss of life, suffering and destruction caused by the ongoing Russian invasion of Ukraine. Russia’s actions continue to violate FATF’s core principles, which aim to promote security, safety and the integrity of the financial system. As a result of Russia’s continuing actions, the FATF has decided to impose additional restrictions on the country’s remaining role, including by barring them from participating in current and future FATF projects.  Russia is also barred from participating in meetings of the FATF-Style Regional Bodies as an FATF Member. These measures expand on the actions that the FATF took in June, which stripped Russia of all its leadership roles among other restrictions. The FATF will continue to monitor the situation and consider at each of its Plenary meetings whether grounds exist for lifting or modifying these restrictions. Following the statements issued in March, April and June 2022, the FATF reiterates that all jurisdictions should be vigilant to emerging risks from the circumvention of measures taken against Russia in order to protect the international financial system. After the end of the Plenary meeting, the Head of the State Financial Monitoring of Ukraine Igor Cherkaskyi stated: «The FATF decision demonstrates a consolidated position of the civilized world regarding the permanent pressure on the RF which will only increase. Actions of the aggressor country have a significant negative effect on the integrity of the international financial system and violate the global financial security. We have discussed it in details with the delegations of the FATF member countries. Our partners assured us in further supporting Ukraine and focusing efforts on the way to reach the consensus for promoting the next decisions». The SFMS continues to take measures for further isolation of the RF in financial monitoring and imposing sanctions on it. News agencies Bloomberg and The Washington Post published the Head of the State Financial Monitoring Service of Ukraine Igor Cherkaskyi’s article /en/pages/dijalnist/funkcional/news/Informaczijne-agentstvo-Bloomberg-opublikovalo-stattyu-golovi-derzhfinmonitoringu-Igorya-cherkaskogo.html News agencies Bloomberg and The Washington Post published the Head of the State Financial Monitoring Service of Ukraine Igor Cherkaskyi’s article «It’s Time to Sanction Russia as the Terrorist State... News 2022-10-20 12:32:00 News agencies Bloomberg and The Washington Post published the Head of the State Financial Monitoring Service of Ukraine Igor Cherkaskyi’s article «It’s Time to Sanction Russia as the Terrorist State It’s Become». In the specified article, the Head of the State Financial Monitoring Service of Ukraine informed the world community in detail about the risks and threats caused by the aggression and terror of the rf against peaceful Ukraine. The article pays a special attention to the need of imposing sanctions on the rf at the level of the authoritative international group FATF, which is the main global arbiter in the field of combating «dirty» money laundering, terrorist financing and the proliferation of weapons of mass destruction. The mentioned publication is relevant in the context of the FATF Plenary meeting, which is currently taking place in Paris (France). Read more about the article on the Bloomberg Agency website https://bloom.bg/3gkVddl  and The Washington Post https://wapo.st/3MPxJte. _______________________________________ The SFMS participates in the autumn FATF Plenary meeting /en/pages/dijalnist/funkcional/news/derzhfinmonitoring-bere-uchast-v-osinnomu-plenarnomu-zasidanni-FATF.html During 18-21 October, 2022, the SFMS will participate in the regular FATF Plenary meeting and the relevant Working groups meetings, which will be held in Paris (French Republic). The Plenary meeting... News 2022-10-17 08:30:00 During 18-21 October, 2022, the SFMS will participate in the regular FATF Plenary meeting and the relevant Working groups meetings, which will be held in Paris (French Republic). The Plenary meeting plans to consider a number of issues regarding global AML/CFT/PF actions taken by the FATF and its members. The SFMS participates in the mentioned FATF events with the support of the project “European Union Anti-Corruption Initiative in Ukraine (EUACI). It should be mentioned that in the light of the latest terrible terrorist attacks committed by the RF in Ukraine, there is an urgent need of the adequate severe response of the relevant international institutions responsible for global security including financial one. The Head of the SFMS Igor Cherkaskyi personally appealed to the FATF President Mr. Raja Kumar, who began a two-year term as FATF President on 1 July 2022, succeeded Dr. Marcus Pleyer, with the reasoned call to exclude the aggressor country from the FATF and including the RF in the “black” list.    In this context, the SFMS has prepared the relevant appeal to the FATF with the request to put the RF under sanctions for those flagrant violations of the international standards daily committed by the aggressor country against peaceful Ukraine.  Everyone understands that the time for discussions is rapidly running out. The RF challenged the global security and all its guarantors, therefore, the time has come to make a clear and adequate decision. Glory to Ukraine! _______________________ Greetings from the Head of the State Financial Monitoring Service of Ukraine Igor Cherkaskyi on the occasion of the 31st Independence Day of Ukraine /en/pages/dijalnist/funkcional/news/privitannya-golovi-derzhavnoji-sluzhbi-finansovogo-monitoringu-ukrajini-cherkaskogo-Igorya-borisovicha-z-nagodi-31-ji-richniczi-dnya-nezalezhnosti-ukrajini.html Dear Ukrainians! I congratulate you on the national holiday of our statehood - Independence Day of Ukraine! This significant date has forever entered the history of our young state as the day of the... News 2022-08-24 09:20:00 Dear Ukrainians! I congratulate you on the national holiday of our statehood - Independence Day of Ukraine! This significant date has forever entered the history of our young state as the day of the age-old desire for national revival, spiritual freedom, cultural elevation and economic growth. Today, in this extremely difficult time, when a neighboring terrorist country treacherously invaded our land by war, we Ukrainians are united more than ever and courageously prove to the whole world our right to live freely and in unity. On Independence Day, the first thing is to wish each other victory over the enemy, to achieve peace and tranquillity in our native land. With all my heart, I wish everyone lasting happiness, health, goodness, prosperity and further success in all affairs and endeavors for the sake of the prosperity of independent Ukraine. To our Warriors – defenders, who took up arms to defend Ukraine, I wish even more strength and courage and return home with Victory. Happy holiday to you! Glory to Ukraine!   With great respect and best wishes Head of the State Financial Monitoring Service of Ukraine Іgor Cherkaskyi