In March 2025, the National Bank of Ukraine took action against six banks and three non-banking financial institutions for violations in the areas of financial monitoring and currency legislation.

This was reported by the NBU press service.

Specifically, JSC "MIB" was fined 20.5 million UAH for failure to properly verify clients and inadequate application of a risk-oriented approach.

Other banks also faced issues related to deficiencies in client verification, improper use of a risk-oriented approach, and non-compliance with currency legislation requirements.

AB "Pivdenny" received an additional fine of 400,000 UAH for failure to fulfill currency supervision obligations, in addition to their fine for violations in financial monitoring.

JSC "Sens Bank" was fined 4.1 million UAH for failure to properly conduct client verification and deficiencies in their risk-oriented approach.

The non-banking financial institution PT "Sunlight Assets and Company" was fined 51,000 UAH for systematically failing to report issues related to anti-money laundering and counter-terrorism financing.

Reminder:

Ukraine must start preparing the capital market infrastructure to attract private and international investments for post-war recovery.