To the attention of the financial monitoring system participants
The EU Delegation to Ukraine translated into Ukrainian the Report from the Commission to the European Parliament and the Council on the assessment of the risk of money laundering and terrorist financing affecting the internal market and relating to cross-border activities for 2019.
The Report represents systematic analysis of the risks of money laundering or terrorist financing for the specific products and services as well as focuses on weaknesses identified at the EU level both in term of regulatory and effective enforcement, and provides recommendations how to address them.
The Report identifies products and services which may be potentially vulnerable to ML/FT risks at the level of the EU internal market.
Moreover, the Report determines mitigating measures to be taken at the EU and the national level to address risks, as well as provides a range of recommendations for various stakeholders.
The full text of the Report can be reached at the following link.