KIEV, March 22 – The State Customs Service could be given powers to temporarily seize currency brought through the Ukrainian border if there is suspicion that the currency was to be used to carry out money laundering or finance terrorism.

According to a joint resolution of the Ukrainian cabinet and National Bank of Ukraine on the approval of a plan of measures to prevent money laundering and terrorism financing (No. 270 of March 9, 2011), which has been posted on the cabinet's Web site, the State Customs Service, State Financial Monitoring Service and Justice Ministry were ordered to prepare relevant proposals to amend Ukrainian law during the second quarter of 2011.