Dear colleagues!
On the 28th April, 2020 a new Law “On prevention and counteraction to legalization (laundering) of income received illegally, terrorism financing and financing of proliferation of weapons of mass destruction (hereinafter – the “Law”) came into force, which changes rules of financial monitoring conduction and brings a number of substantial changes concerning the procedure of information revelation about ultimate beneficial owners (hereinafter – “UBO”) to the Law of Ukraine “On state registration of legal entities, private entrepreneurs, and public associations” (hereinafter – the “Law on registration”).