On 27-28 April, in Lviv, the State Financial Monitoring Service of Ukraine jointly with the EU Anti-corruption Initiative and the OSCE Support Programme for Ukraine hosted the international conference «Supranational and national anti-money laundering/counter terrorism financing (AML/CFT) systems: challenges and prospects”.
The event gathered more than 300 representatives in a hybrid format, including MONEYVAL experts, representatives of the Center for Financial and Security Studies, the Council of Europe, the UNODC Global Programme against Money-Laundering, NABU, ARMA, SFMS, the National Bank of Ukraine and the State Tax Service.
“Despite the challenges posed by Russia’s war, we see progress being made in Ukraine in fighting money-laundering and illicit activities and we experience a strong dedication from our Ukrainian partners to contribute to an even better society. The fight against money laundering requires a collaborative effort between governments, financial institutions, and other stakeholders. We hope that cooperation and identification of opportunities for implementing effective anti-money laundering measures will be strengthened during this event”, the EUACI Head Allan Pagh Kristensen said in his address to the participants of the conference.
During the workshop the main challenges of Anti-Money Laundering and Countering the Financing of Terrorism were presented based on the results of the National Risk Assessment Report and solutions for improvement were introduced.
The State Financial Monitoring Service presented key findings of the assessment and outlined sector-specific recommendations to make the system resilient and more sustainable.
