KIEV, Dec. 9 – The president's veto of the law on opposing money laundering is leading Ukraine to the blacklist of the FATF (the Financial Action Task Force), according to a statement by Ihor Cherkasky, the head of the State Committee for Financial Monitoring of Ukraine, the text of which has been sent to Ukraine.
"Ukrainian President Viktor Yushchenko gave an original "present" to the financial system of Ukraine, having used his right of veto on the law on fighting money laundering and financing terrorism. By his actions, the head of state has brought Ukraine before the so called blacklist of the FATF," the statement reads.
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