April 2 2018
The National Bank of Ukraine (NBU) for the year 2017 fined the banks for money laundering by 67.5 million UAH. This amount is 7 times higher than the amount of fines imposed for 2016, the NBU reported. Fines of the National Bank touched 15 financial institutions.
“These are penalties for attracting banks to risky activities, most of which are conversion of non-cash funds into cash ,” explained Igor Bereza, director of the NBU’s financial monitoring department.