The National Bank of Ukraine has become one of the signatories of the Memorandum of Cooperation in the development of a mechanism for verifying information on the ultimate beneficial owners. The memorandum provides for the implementation of the Concept of a mechanism for verifying the veracity of information on the ultimate beneficial owners in order to counter corruption, money laundering, fraud, tax evasion and others crimes related to the fictitious activities of companies.
Ekaterina Rozhkova, the first deputy chairman of the National Bank, signed the memorandum from the National Bank in working order.
The memorandum identifies the main areas of cooperation between the parties, which aim to create and ensure further development of the mechanism for verifying information on the ultimate beneficial owners in Ukraine. The roadmap for the implementation of such a verification mechanism, attached to the memorandum, contains 12 measures to be implemented by the end of 2019.
In addition to the National Bank, the Ministry of Justice, the Ministry of Finance, the State Fiscal Service, the State Finance Monitoring Service, the National Agency for The Identification, Tracing and Asset Management, have also made such a commitment, corrupt and other crimes, the State Agency for Electronic Governance. Among the partners from the public sector are Transparency International Ukraine, the government-public initiative “Together Against Corruption,” the International Revival Foundation, and the public organization “Center” anti-corruption” and other interested civil society institutions.
By materials: bank.gov.ua