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

This is reported by the NBU press service.

In particular, JSC "MIB" was fined 20.5 million UAH for inadequate fulfillment of its obligation to conduct proper client verification and improper application of a risk-based approach.

Violations by other banks were also related to deficiencies in conducting proper client verification, improper application of a risk-based approach, and failure to comply with currency legislation.

Bank "Pivdenny" received an additional fine of 400,000 UAH for inadequate execution of its responsibilities regarding currency supervision, in addition to the penalty for financial monitoring violations.

JSC "Sens Bank" was fined 4.1 million UAH for inadequate client verification and deficiencies in applying a risk-based approach.

The non-banking financial institution PT "Sunlight Assets and Company" was fined 51,000 UAH for systematic failure to submit reports on combating money laundering and financing of terrorism (AML/CFT) within the established deadlines.

It is worth noting that Ukraine needs to prepare its capital market infrastructure now to attract private and international investments for post-war recovery.