Personal development is the key success factor, so it must be an integral part of everyone's life. Everyone on ACCOUNT Auditing and Consulting team is constantly improving their professional skills as the key concern is the quality of the services provided to our clients.
Our team regularly takes part in seminars, lectures and workshops on auditing matters, including those that are conducted by the Audit Chamber of Ukraine, to be in line with the latest developments in our field.
Recently, our auditor - Olga Lukianchuk - attended a course on financial monitoring. According to the Law of Ukraine "On Financial Monitoring", which will come into force on April 28, 2020, financial transactions in excess of UAH 400,000 are subject to financial monitoring, including transactions with public figures, or financial transactions related to transfer of funds abroad (special attention is paid to transaction to funds transferred to offshore areas), and other financial transactions related to the cash lodgements or transfer of cash in hand.
The entities liable to perform and report on financial monitoring are:
This means that all those entities are bound to review transactions that they come across during performance of their services, and in case of identification of suspicious transactions, in compliance to the Law On financial monitoring – should report to the relevant state authority on such transactions.
If you have any questions about whether your operations are subject to financial monitoring and what risks it may entail, please contact us.
Email: info@account.ua
Website: http://www.account.ua/
EN 
DE
UA
FR