AUB News

On October 1, 2025, a three-hour online meeting organized by the National Bank was held to discuss issues of compliance with financial monitoring legislation by non-bank financial institutions.

Iryna Popova, Chair of the AUB Committee on Compliance and Financial Monitoring and Chief Operating Officer of FC AKTIVITIS LLC, participated in the meeting on behalf of the Association of Ukrainian Banks.
The meeting discussed the requirements of the law and recommendations of the NBU, the specifics of submitting statistical reports on financial monitoring, as well as violations identified by the NBU during its supervision.
In particular, NBU representatives drew the attention of market participants to the actions taken by the institution to build an effective financial monitoring system and to the cases in which proper customer verification is required.
Iryna Popova emphasized that the discussion with the National Bank was substantive:

“The meeting was constructive and very informative. I would like to see such events held more often, as they provide participants with relevant explanations directly from the regulator. It would be advisable to divide the topics into several separate meetings in order to explore each area in more detail.”

The Association of Ukrainian Banks expresses its gratitude to the National Bank for its initiative to hold meetings in this format and supports the need for further dialogue between the regulator and market participants in order to increase the transparency and effectiveness of the financial monitoring system.