The State Financial Monitoring Service of Ukraine maintains daily contacts with the financial intelligence units of the countries of the world and relevant financial regulators for the exchange of intelligence information regarding businesses that have ties with the Russian Federation. Information about this is published on the website of the State Financial Monitoring Service..

This activity is carried out as part of measures to strengthen financial supervision of businesses loyal to the Russian Federation and is aimed at preventing the spread of international terrorism..

A possible consequence of such control for businesses working with the Russian Federation may be the blocking of financial transactions, the freezing of assets and their further confiscation, the State Financial Monitoring Service notes..

So, for example, today, together with the team of the Ministry of Digital Transformation, as well as with the key crypto experts of Ukraine, the State Financial Monitoring Service, work was carried out to identify the list of Russian crypto exchangers associated with sanctioned banks (Sberbank and others), in order to completely block their hosting.

Also, in close cooperation with the crypto providers of Ukraine and the world, a mechanism for spontaneous blocking of crypto wallets of the Russian Federation was launched..

For example, Gosfinmonitoring sent an appeal to the Binance cryptocurrency exchange with proposals to curb Russian aggression in the virtual asset market, as a result of which Binance changed its policy and on March 20, 2022 excluded the possibility of P2P transactions for a number of Russian banks and payment systems that fell into the sanctions.

It is noted that during the first half of 2022. Gosfinmonitoring initiated and maintains cooperation with the financial sector regulators of 54 countries to strengthen financial supervision measures in relation to persons of the Russian Federation.

Recall that in mid-March 2022, given the availability of intelligence information that a significant segment of the Luxembourg financial sector is controlled by the Russian Federation or its residents, Gosfinmonitoring, in view of the risks, sent a letter to the Luxembourg Supervisory Commission (CSSF) to strengthen financial supervision over.

Later, Gosfinmonitoring sent an appeal to a number of financial regulators to strengthen financial supervision of businesses with ties with the Russian Federation.. In particular:.

Barbados, Belize, British Virgin Islands, Cyprus, Gibraltar, Guernsey,. Maine, Italy, Jersey, Liechtenstein, Monaco, Panama, Seychelles, Spain, Switzerland, UAE, Virgin Islands, Finland, Georgia, Turkey, Kazakhstan, Kyrgyzstan, Uzbekistan (March 2022.

Kingdoms of Belgium, Great Britain, Cayman Islands, Austria, Greece, Mauritius, Latvia, Lithuania, Luxembourg, Estonia, Canada, Israel (April 2022.

United States (in particular to the Securities and Exchange Commission, Office of the Comptroller of the Currency of the Department of the Treasury and Commodity Futures Trading Commission Office of the Comptroller of the Currency of the Department of the Treasury) (April 2022.

Poland, Germany, Ireland, Portugal, Montenegro (May 2022.

Australia, New Zealand, China, India, Brazil, Argentina, Netherlands, France, Singapore, Algeria, Egypt, Nigeria and South Africa (June 2022.