Progress in the implementation of measures as of
03.07.2024
14 |
63.6%
3 |
13.6%
5 |
22.7%
22
Implemented
Partially implemented
Not implemented
Measures implemented (fully and partially) -
17 (
77.3%)
Measures —
22
2.4.4.6.1.
Developing the draft Regulation on the Form and Substance of the Structure of Ownership of a Legal Entity
The main implementer:
Ministry of Finance of Ukraine
2.4.4.6.2.
Clearing the draft Regulation indicated in subclause 2.4.4.6.1 with the concerned agencies
The main implementer:
Ministry of Finance of Ukraine
2.4.4.6.3.
Approving the Regulation indicated in subclause 2.4.4.6.1, ensuring its state registration
The main implementer:
Ministry of Finance of Ukraine
2.4.4.6.4.
Developing the draft of the Regulation on the Form and Substance of the Structure of Ownership of Legal Entities Subject to State Regulation and Oversight by the National Securities and Stock Market Commission (NSSMC)
The main implementer:
National Commission on Securities and Stock Market
2.4.4.6.5.
Clearing the draft Regulation indicated in subclause 2.4.4.6.4 with the concerned agencies
The main implementer:
National Commission on Securities and Stock Market
2.4.4.6.6.
Approving the Regulation indicated in subclause 2.4.4.6.4
The main implementer:
National Commission on Securities and Stock Market
2.4.4.6.7.
Developing and submitting to the Cabinet of Ministers of Ukraine and the National Bank the draft Methodology for Determining the Ultimate Beneficial Owner by a Legal Entity
The main implementer:
Ministry of Finance of Ukraine
2.4.4.6.8.
Developing and submitting to the Cabinet of Ministers of Ukraine the draft Procedure for automatic verification of the details of ultimate beneficial owners of legal entities using the tools of the Unified State Web Portal for Electronic Services with the use of details from the Unified State Demographic Register and the State Register of Individual Taxpayers
The main implementer:
Ministry of Digital Transformation of Ukraine
2.4.4.6.9.
Developing the draft of the Procedure by which a legal entity must submit explanations and documents to prove information about ultimate beneficial owners and the structure of ownership, as well as the procedure for reviewing them
The main implementer:
Ministry of Justice of Ukraine
2.4.4.6.10.
Holding a public discussion of the draft procedure indicated in subclause 2.4.4.6.9, obtaining expert opinions and revising the draft
The main implementer:
Ministry of Justice of Ukraine
2.4.4.6.11.
Clearing the draft procedure indicated in subclause 2.4.4.6.9 with the concerned agencies
The main implementer:
Ministry of Justice of Ukraine
2.4.4.6.12.
Approving the revised draft procedure indicated in subclause 2.4.4.6.9
The main implementer:
Ministry of Justice of Ukraine
2.4.4.6.13.
Developing the draft of the Procedure by which the holder of the Unified State Register of Legal Entities, Individual Entrepreneurs, and Public Associations shall be notified by reporting entities about any discovered discrepancies in information about ultimate beneficial owners and the structure of ownership of legal entities
The main implementer:
Ministry of Justice of Ukraine
2.4.4.6.14.
Holding a public discussion of the draft procedure indicated in subclause 2.4.4.6.13, obtaining expert opinions and revising the draft
The main implementer:
Ministry of Justice of Ukraine
2.4.4.6.15.
Approving the revised draft procedure indicated in subclause 2.4.4.6.13
The main implementer:
Ministry of Justice of Ukraine
2.4.4.6.16.
Developing the draft of the Procedure by which reporting entities shall relay information to the specially authorized agency about any discrepancies in information about ultimate beneficial owners and the structure of ownership of legal entities
The main implementer:
Ministry of Justice of Ukraine
2.4.4.6.17.
Approving the draft Procedure indicated in subclause 2.4.4.6.16
The main implementer:
Ministry of Justice of Ukraine
2.4.4.6.18.
Developing the draft of the Procedure for holding legal entities liable and the procedure for determining the amount of fines for entering or submitting false information about the ultimate beneficial owner of the legal entity (or the absence thereof), failure to submit or late submission of said information
The main implementer:
Ministry of Justice of Ukraine
2.4.4.6.19.
Holding a public discussion of the draft procedure indicated in subclause 2.4.4.6.18, obtaining expert opinions and revising the draft
The main implementer:
Ministry of Justice of Ukraine
2.4.4.6.20.
Approving the revised draft procedure indicated in subclause 2.4.4.6.18
The main implementer:
Ministry of Justice of Ukraine
2.4.4.6.21.
Providing the technical capability to make a notation in the Unified State Register of Legal Entities, Individual Entrepreneurs, and Public Associations about a potentially misleading nature of the information about the ultimate beneficial owner or the structure of ownership of the legal entity and about the National Bank having found the structure of ownership of the legal entity to be nontransparent (transparent)
The main implementer:
Ministry of Justice of Ukraine
2.4.4.6.22.
Ensuring the technical capability to perform automatic verification of the details of ultimate beneficial owners of legal entities using the tools of the Unified State Web Portal for Electronic Services with the use of details from the Unified State Demographic Register and the State Register of Individual Taxpayers
The main implementer:
Ministry of Digital Transformation of Ukraine
Indicators —
2
Evaluation of achievement of ESR —
indicator weight —
1
Bylaw normative legal acts have taken effect, which have approved:
a) the Regulation on the Form and Substance of the Structure of Ownership of a Legal Entity (10 percent);
b) the Regulation on the Form and Substance of the Structure of Ownership of Legal Entities Subject to State Regulation and Oversight by the National Securities and Stock Market Commission (NSSMC) (10 percent);
c) the Methodology for Determining the Ultimate Beneficial Owner by a Legal Entity (10 percent);
d) the Procedure for automatic verification of the details of ultimate beneficial owners of legal entities using the tools of the Unified State Web Portal for Electronic Services with the use of details from the Unified State Demographic Register and the State Register of Individual Taxpayers (10 percent);
e) the Procedure by which a legal entity must submit explanations and documents to prove information about ultimate beneficial owners and the structure of ownership, as well as the procedure for reviewing them (10 percent);
f) the Procedure by which the holder of the Unified State Register of Legal Entities, Individual Entrepreneurs, and Public Associations shall be notified by reporting entities about any discovered discrepancies in information about ultimate beneficial owners and the structure of ownership of legal entities (10 percent);
g) the Procedure by which reporting entities shall relay information to the specially authorized agency about any discrepancies in information about ultimate beneficial owners and the structure of ownership of legal entities (10 percent);
h) the Procedure for holding legal entities liable and the procedure for determining the amount of fines for entering or submitting false information about the ultimate beneficial owner of the legal entity (or the absence thereof), failure to submit or late submission of said information (10 percent).
2
The technical capability has been implemented for:
a) conducting automatic verification of information on the ultimate beneficial owner by means of the Unified State Web Portal for Electronic Services (10 percent);
b) making a notation about the possible unreliability of information on the ultimate beneficial owner or ownership structure of a legal entity and the recognition by the National Bank of the ownership structure of a legal entity as non-transparent (transparent) (10 percent).
* - certain measures are common to several ESRs, but have a separate number (id)