On November 10, 2026, the Verkhovna Rada of Ukraine adopted in its first reading Draft Law No.14327-d, revised by the Committee on Finance, Taxation and Customs Policy, amending certain legislative acts of Ukraine to ensure compliance with European Union legal acts and the relevant criteria set by the European Payments Council, aimed at Ukraine's accession to the Single Euro Payments Area (SEPA).
The primary objective of the draft law is to establish a comprehensive legislative framework necessary for Ukraine's accession to the Single Euro Payments Area (SEPA). This entails aligning Ukraine’s national legislation with European Union standards (EU acquis) and the criteria of the European Payments Council (EPC) to ensure Ukraine's entry into SEPA.
The revised draft law is aimed at aligning Ukrainian national legislation with the EU acquis and EPC criteria for Ukraine’s accession to SEPA.
These amendments focus primarily on the following key areas: whistleblower protection, ultimate beneficial ownership transparency, the establishment of bank account and safe-deposit box registers, and the strengthening of financial monitoring mechanisms.
The finalized bill details the operational rules for these registers, clarifies requirements for ownership structure data, enhances the mechanism for verifying discrepancies, establishes a clearer timeline for launching the registers and transitional periods, and introduces improved mechanisms for conducting an external independent assessment (audit) of the specially authorized body.
The draft law provides that the powers of a limited scope of state authorities regarding special access to information from the Register of Accounts and Individual Safe-Deposit Boxes of Natural Persons will apply no earlier than six months prior to the date Ukraine acquires the status of an EU Member State.