FUIB continues to improve its financial monitoring processes, taking into account the NBU’s comments
9 July 09:44
FUIB respects the decisions of the National Bank of Ukraine and prioritizes compliance with financial monitoring laws. This is stated in a press release issued by the bank after the NBU provided feedback on the financial institution’s operations, according to
“The bank has taken into account the NBU’s comments to further improve and fine-tune its processes and procedures to comply with financial monitoring laws. At the same time, the identified violations are not systemic and do not indicate a lack of an adequate risk management system or proper organization and conduct of initial financial monitoring at PUMB,” the press release states.
As of today, PUMB has already developed an action plan to address the identified shortcomings and further improve internal procedures and controls in the area of financial monitoring, the bank added.
“The bank systematically invests in the development of technological solutions and process automation aimed at improving the effectiveness of the financial monitoring system.
FUIB continues to engage constructively with the National Bank of Ukraine and is consistently working to improve the effectiveness of its financial monitoring system,” the statement concludes.
As a reminder, PUMB is one of the largest taxpayers in Ukraine.
Since 2022, the bank has paid 20.4 billion hryvnias in taxes to budgets at all levels.
At the same time, PUMB actively supports Ukraine and the Armed Forces: the bank’s investments in social projects since 2022 have exceeded 1.4 billion hryvnias, of which more than 544 million hryvnias have been allocated to support the Armed Forces of Ukraine, the Territorial Defense Forces, the State Emergency Service, the National Police, the National Guard, the Main Intelligence Directorate, and the Security Service of Ukraine.
As reported by [Komersant], PUMB has relaunched its charitable initiative “Not Just Skins, ” through which users can help wounded soldiers.
