The delegation of Ukraine is on a working visit to Bern, Swiss Confederation

During October 12-14, 2021, the delegation of Ukraine is on a working visit to the Financial Intelligence Unit (FIU) of the Swiss Confederation (Bern) under the auspices of the OSCE Project Coordinator in Ukraine.

During the visit, the delegation of Ukraine participates in working meetings with the representatives of the FIU, the public financial sector of the Swiss Confederation and discusses the peculiarities of the functioning of the AML/CFT system of the Swiss Confederation in terms of:

identification of ultimate beneficial owners;

conducting the National AML/CFT Risk Assessment;

automation of administrative reporting of financial monitoring entities in accordance with the requirements of international regulatory bodies;

regulation of the virtual assets market, etc.

This visit is important from the perspective of enhancing Ukraine’s readiness to strengthen the national system of financial monitoring and identification of ultimate beneficial owners, as well as the integration of international experience in the process of strategic planning of anti-legalization activities.

The visit of the delegation of Ukraine will help to deepen and increase the existing level of cooperation with the FIU of Swiss Confederation in terms of operational cooperation, taking into account the specifics of the AML/ CFT system of this country, as well as the peculiarities of interaction between its various elements.

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