The Ministries of Justice and Finance have postponed until April 1, 2024 the introduction of the order of notification by the subject of primary financial monitoring (SPFM) of the holder of the Unified State Register of Legal Entities and Individuals (USREOU) on the detection of discrepancies on the results of the inspection of the ultimate beneficial owners and/or ownership structure of legal entities with the information in the register.
“In order for all subjects of primary financial monitoring to take organizational measures necessary for the implementation of the mechanism of notification of the holder of the USREOU …”, – this reason for the postponement was given by the Ministry of Justice in a message on its website.
The introduction of the procedure for notification of such discrepancies and the SPFM, which identified them, to the specially authorized body was also postponed for the same period of time.
As reported, it was assumed that these procedures will be effective from December 1, 2023.
