Report about error or idea
YouControl
logo youcontrol
ENG
youcontrol youcontrol
0 800 309 077
Free call

Register and check 10 companies for free, or get a phone consultation by calling us at 0 800 309 077.

News 1 July 2019

YouControl Starts Cooperation with the State Financial Monitoring Service of Ukraine

Поділитися:
YouControl Starts Cooperation with the State Financial Monitoring Service of Ukraine

YouControl and the State Financial Monitoring Service of Ukraine have agreed on a partnership to strengthen the economic law and order in Ukraine.

On June 25 YouControl signed a memorandum of cooperation with the State Financial Monitoring Service of Ukraine. The main aim of this service is counteracting the legalization (laundering) of the proceeds of crime and the financing of terrorism.

Under the arrangement YouControl will provide employees of the State Financial Monitoring Service the access to its analytical system. Experts of the company will also participate in trainings of employees, round-table meetings and working groups held by the Service. In addition, joint preparation of researches and analytical materials is planned. For its part, the State Financial Monitoring Service will give recommendations for improving the YouControl system in those areas where it can be useful in the fight against economic crimes.

First of all the result of such cooperation and the exchange of experience should be increasing the transparency of the business environment in Ukraine and reducing the level of corruption. It will also become an important step towards expanding the range of information technologies used by state agencies in their work.

“The State Financial Monitoring Service is a critically important body for Ukraine’s economic security. Cooperation with it will enable us to make our own contribution to ensuring that as many national businesses as possible work fairly and without the “temptation” to use their revenues illegally. Open data and analytics collected in our system will help considerably faster and more efficiently analyze companies suspected of illegal economic activity. And our specialists will be glad to share their expertise on using YouControl with the State Financial Monitoring Service employees,” Sergi Milman, the founder and CEO of YouControl, said.

“To ensure public openness and partnership, we, under existing legislation, are primed for constructive and further efficient cooperation with YouControl. Joining efforts of public and private sectors with the aim of counteracting money laundering and corruption is our priority,” Ihor Cherkaskyi, the Head of the State Financial Monitoring Service, informed.

Поділитися:

Читайте також:

News 9 April 2021

Data on Fines from the Antimonopoly Committee of Ukraine Are Now in the Express Analysis

The Express Analysis from YouControl now shows fines from the Antimonopoly Committee of Ukraine (AMCU) for violating the rules of economic competition. Previously such information had to be sought in the official public announcements of the AMCU, now it can be checked in YouControl in 30 seconds.   The tool will be useful to automate the process of checking a counterparty during tenders.

Blog 25 March 2021

Risks of Cooperation with Counterparties from Countries with a High Level of Corruption

The location of participants or beneficiaries of a company in the so-called risky jurisdictions attracts special attention of the National Bank of Ukraine (NBU) within financial monitoring. We devoted a separate article to this factor. You will find the whole series of articles on risk factors and the provisions of the Law on Financial Monitoring at the end of this article.   The Corruption Perceptions Index is a global ranking of countries concerning their corrupt practices.

Blog 19 March 2021

Risks of Cooperation with Tax Evaders

Debts to the Tax Service are one of the risk factors according to the National Bank of Ukraine (NBU). The Express Analysis from YouControl draws your attention to this factor while checking a counterparty and works out if a company has a tax debt for the last available period. We are explaining what this means and why you need to be especially careful while working with such a counterparty.   A tax debt is the amount of monetary obligation not paid by a taxpayer in a timely manner.

Add "YouControl" app to your home screen
Press load -> ‘Add to Home Screen’