On Amendments To Certain Laws Of Ukraine Regarding Improvement Of The Legal Regulation Of International Cooperation In The Field Of The Prevention Of The Financing Of Terrorism

Original Language Title: Про внесення змін до деяких законів України щодо удосконалення правового регулювання міжнародного співробітництва у сфері запобігання фінансуванню тероризму

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Read the untranslated law here: http://zakon3.rada.gov.ua/laws/show/3163-15

                                                          
With a k o n u r as th n and on amendments to certain laws of Ukraine regarding improvement of the legal regulation of international cooperation in the field of the prevention of the financing of terrorism (the Supreme Council of Ukraine (BD), 2006, N 12, 100) {amended according to the law N 1702-VII (1702-18) from 14.10.2014, VVR, 2014, N 50-51, 2057} the Verkhovna Rada of Ukraine about with t and o in l I is : I. Make changes to the following laws: {paragraph 1 of section I repealed by law N 1702-VII (1702-18) from 14.10.2014} 2. The law of Ukraine "on banks and banking" (2121-14) (Supreme Council of Ukraine, 2001, N 5-6, 30; 2003 N 1, 2): 1) article 60 supplement part five of the following contents: "the National Bank of Ukraine gives the normative legal acts on the issues of storage, protection, use, and disclosure, that is Bank secrecy, and provides clarification on the application of such acts;
2) Article 62: a) 5 item part lay in the following wording: "5) specifically authorized body of the Executive power for financial monitoring to its written request concerning information about financial operation that has become the object of financial monitoring;
b) part of the seventh and an eighth lay in the following wording: "the National Bank of Ukraine according to the International Treaty of Ukraine or by the principle of reciprocity shall be entitled to provide information obtained in the exercise of supervision over the activities of banks, the banking supervisory authority of another State, if there is a guarantee that the information provided will be used solely for the purpose of banking supervision or the prevention of the legalization (laundering) of laundering or financing of terrorism.
The provisions of this article do not apply to cases of granting specially authorized executive authority for financial monitoring information on financial transactions in cases stipulated by the law. "
3. The law of Ukraine "on the National Bank of Ukraine (679-14) (Supreme Council of Ukraine, 1999, N 29, 238; 2000, N 42, c. 351; 2002 N 17, art. 117): 1) article 7 after paragraph 20, add new paragraphs following contents:" 21) makes in the prescribed manner proposals for legislative regulation of issues aimed at fulfilling the functions of the National Bank of Ukraine;
22) carries out the methodological issues of storage, protection, use, and disclosure, that is banking secrecy. "
In this regard, paragraph 21 to consider paragraph 23;
2) Article 51 supplement part of the third of the following contents: "the National Bank of Ukraine has the right to submit to the President of Ukraine in the prescribed manner proposals for legislative regulation of issues aimed at fulfilling the functions of the National Bank of Ukraine";
3) article 52 supplement part 7 of the following content: "the National Bank of Ukraine has the right to submit the Cabinet of Ministers of Ukraine in the prescribed manner proposals for legislative regulation of issues aimed at fulfilling the functions of the National Bank of Ukraine".
II. Final provisions 1. This law shall come into force on January 1, 2006.
2. The Cabinet of Ministers of Ukraine and the National Bank of Ukraine in the month from the date of enactment of this Act to bring their regulations into conformity with this Act.

President of Ukraine v.Yushchenko Kyiv, December 1, 2005 N 3163-IV