ESR
3.3.3.11. Measures to prevent the laundering of money obtained through corruption are determined based on the results of risk assessment and are duly implemented. FATF recommendations are being consistently implemented
Problem solving:
3.3.3. The legislation governing the activity of the ARMA contains numerous gaps and corruption risks. Low effectiveness of the processes of transferring assets to ARMA for management to preserve their economic value, as well as the processes of combating and preventing money laundering
Deadlines for all measures within ESR
01.03.2023 -
31.12.2025
Implementation of SACP measures within ESR
Total number of measures –
15
8
1
2
4
Implemented
In progress
Not implemented
Not started
Implementation of SACP measures within the scope of the Problem by main main performers
State Financial Monitoring Service of Ukraine
75%
4
Ministry of Finance of Ukraine
50%
2
Ministry of Justice of Ukraine
50%
2
State Tax Service of Ukraine
0%
2
National Agency on Corruption Prevention
0%
1
Council on Prevention and Counteraction to Legalization (Laundering) of the Proceeds of Crime or Terrorist Financing and Financing Proliferation of Weapons of Mass Destruction
0%
1
Summarized general information on Measures
Indicators of achievement of ESR
Total number of indicators – 4
Indicators fully achieved – 0
Partially achieved indicators – 0
Indicators with a score of 0% – 4
Summarized general information about Achievement Indicators
| № | Indicators | Weight (%) |
|---|---|---|
| 1 |
A law has taken effect, which: a) provides for the creation of the Unified Register of Accounts of Individuals and Legal Entities and Individual Bank Safe Deposit Boxes in accordance with EU Directive 2015/849 on the prevention of the use of the financial system for the purposes of money laundering or terrorist financing and on amendments to Directives 2009/138/EU and 2013/36/EU (10 percent); b) clearly stipulates that property shall be deemed to have been obtained by criminal means for the purposes of Article 209 of the Criminal Code of Ukraine taking into account the factual circumstances and does not require a court decision issued in Ukraine or abroad, which has established the fact of the commission of the crime that resulted in the acquisition of such property or has criminally prosecuted the defendant for this crime (5 percent); c) updates the provisions of the Criminal Procedure Code of Ukraine pertaining to international cooperation in a criminal proceeding, taking into account the critical feedback provided in MONEYVAL reports (5 percent); d) improves regulation and oversight over specially designated reporting entities taking into account the critical feedback provided in MONEYVAL reports (5 percent). |
25% |
| 2 |
The national risk assessment results have been used to: a) prepare reports at least once every three years and publish the findings of this assessment (5 percent); b) compile a list of measures aimed at preventing and/or mitigating the negative consequences of the identified risks based on the results of each national risk assessment (5 percent); c) to implement at least 90 percent of the proposed measures aimed at preventing and/or mitigating the negative consequences of the identified risks (5 percent). |
15% |
| 3 | The functioning of the Unified Register of Accounts of Individuals and Legal Entities and Individual Bank Safe Deposit Boxes in accordance with EU Directive 2015/849 on the prevention of the use of the financial system for the purposes of money laundering or terrorist financing and on amendments to Directives 2009/138/EU and 2013/36/EU has been ensured. | 10% |
| 4 | According to MONEYVAL reports, Ukraine is compliant or mostly compliant with all FATF recommendations. | 50% |