The State Tax Service, together with the National Bank of Ukraine, has decided to update the approach to requests sent to banks in case of violations of deadlines for settlements in foreign economic operations.
As a result of this joint work, they updated the structure of requests so that they comply with the requirements for maintaining banking secrecy. This helps improve communication between regulatory bodies and financial institutions, ensuring a high level of legal certainty.
'Our goal is to receive complete, accurate, and timely information from banks in accordance with requests. This will improve analytical work, increase the transparency of financial operations, and strengthen trust in the Ukrainian financial system,' representatives of the State Tax Service explained.
Together, the State Tax Service and the National Bank are working to improve the effectiveness of currency control, ensure the transparency of financial operations, and prevent the illegal withdrawal of money from Ukraine.
The Ukrainian State Tax Service and the National Bank have decided to jointly update the approach to requests to banks in case of violations of deadlines for settlements in foreign economic operations. The new structure of requests will facilitate improved communication, ensure a high level of legal certainty, and increase the transparency of financial operations.