"The National Bank of Ukraine, following the results of inspections on preventing and combating the legalization (laundering) of proceeds of crime, terrorist financing and financing the proliferation of weapons of mass destruction, applied measures of influence to four banks in November 2019," the report reads.
In particular, the NBU fined JSC European Industrial Bank UAH 400,000 for the failure to properly analyze the financial transactions of its clients.
JSC Megabank was fined UAH 200,000 for the non-termination of a financial transaction involving a person included in the list of persons related to terrorist activities or subject to international sanctions.
JSC Radabank was fined UAH 300,000 for improperly fulfilling the obligation to carry out the study of the bank's clients.
JSC Oschadbank was fined UAH 200,000 for the failure to properly analyze the financial transactions of its clients.
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