The Bill (Reg. No.1268) "is aimed at improvement of current financial monitoring system and its coordination with international standards".
The Bill introduces amendments to the Civil Code of Ukraine, the Laws "On Prevention and Fighting Illegally Obtained Income Legalization", "On Banks and Banking", "On Financial Services and State Regulation of Financial Services Market".
The statements of the Bill define the procedure of termination of financial operations related to income legalization and terrorism funding.
Adoption of the Bill should enhance mechanism of regulation and supervision over financial brokers in the part of adherence to the legislative requirements concerning illegally obtained income legalization and terrorism funding.