Resolution establishes a special procedure for financial monitoring, currency supervision, and sanctions control during martial law. The document consolidates and updates several previous NBU regulatory acts on these issues into a single document. Structurally, the resolution consists of the main provision on monitoring procedures and two appendices with amendments to other NBU regulatory acts. The main provision regulates a simplified procedure for financial monitoring of operations supporting the Armed Forces of Ukraine and purchasing military bonds, specifics of client identification, and bank inspection procedures during martial law. Key innovations:
– Banks are exempt from verifying the source of funds when depositing cash to support the Armed Forces of Ukraine and purchasing military bonds
– The procedure for opening accounts for non-residents to purchase military bonds is simplified
– Specific features of on-site and remote bank inspections are established
– The procedure for freezing assets and monitoring sanctions compliance is defined
