On December 14 – 15, 2017 Joint International workshop organized by the State Financial Monitoring Service of Ukraine under the auspices of the Organization for Security and Cooperation in Europe (OSCE) and the European Union Anticorruption Initiative in Ukraine (EUACI) on "Key Risks of the AML/CFT System: MONEYVAL 5th Round Evaluation Outcomes" was hold in Lviv.
During the workshop, special attention to the general review of the 5th evaluation round of Ukraine by the Committee of Experts of Council of Europe on the evaluation of anti-money laundering measures and financing of terrorism (MONEYVAL) was paid.
"This workshop is a very important international event in view of the current issues of evaluation, ways of improving the efficiency and trust of citizens to the national AML/CFT system.” – noted the Head of the State Financial Monitoring Service of Ukraine Igor Cherkaskyi.
The participants of the workshop focused on issues related to the illegal financial flows of Ukraine, the risk-based approach as an effective mechanism to prevention money laundering, terrorist financing and financing of proliferation of weapons of mass destruction, as well as increasing the efficiency of the operational model of the National Securities and Stock Market Commission (in the context of the 26th FATF Recommendation).
In addition, issues related to the experience of the Republic of Poland with regard to the implementation of 4th European Union Directive 2015/849 as of 20.05.2015 “On the prevention of the use of the financial system for the purposes of money laundering or terrorist financing” and the future of European legislation in the field of counteraction to money laundering and terrorist financing were discussed.
Press Service of the SFMS