The Ministry of Finance proposes to oblige sellers of jewelry, precious metals and stones to inform about expensive purchases of Ukrainians. Initial financial monitoring will be necessary in each case, when the buyer purchases "gold and diamonds" worth more than 40 thousand. UAH. The corresponding norms are contained in the draft law "On Amending Certain Legislative Acts of Ukraine in the Sphere of Prevention and Counteraction to Legalization (Laundering) of Incomes". The document posted on the website of the Ministry of Finance proposes to significantly expand the list of subjects of primary financial monitoring - that is, organizations and individuals who must report suspicious financial transactions of Ukrainians to the relevant authorities. Among other things, the jewelers appeared in the list. It is noteworthy that they have a separate threshold for the purchase amount, after which a mandatory check. If the basic rules require from responsible organizations to study transactions amounting to more than 300 thousand. UAH. , then jewelers should do this when buying from 40 thousand. UAH. To sell expensive jewelry to the customer, the trader will need to conduct an "appropriate check". During which he will need to ascertain the origin of the client's funds, check his identity and citizenship, check with the base of public persons and t.

In other words, if the bill is passed, Ukrainians will have to go to the jewelry store for expensive rings and necklaces with a passport and a certificate from the bank. While the proposed changes are posted on the website of the Ministry of Finance for public discussion. They can enter into force only after agreement with the government and a successful vote in the Verkhovna Rada.

Original article: Jewelry stores can oblige to report on expensive purchases of Ukrainians.