Ukraine adopts anti-money laundering program

The Ukrainian government and the National Bank have backed a program for 2004 to guarantee implementation of 40 recommendations of the Financial Action Task Force.

The program will take measures for further perfecting the system of fighting money laundering and financial terrorism. The program will see further work aimed at introducing international standards in the field, drafting and submitting for the Cabinet of Ministers' consideration proposals on the perfection of legal acts. The require