The National Bank of Ukraine fined FC “Finstyle” LLC 182,810 UAH and issued the company a written warning due to violations and shortcomings in its reporting.
According to the regulator, the company violated the requirements for the preparation and submission of financial statements. The NBU also identified a lack of necessary automation in record-keeping and deficiencies in the system for verifying the completeness and accuracy of reported data.
“Finstyle” must pay the fine within one month from the date the decision takes effect and must remedy the violations and deficiencies listed in the NBU’s written warning by September 8, 2026.
The decision to impose these measures was adopted by the Committee on Supervision and Regulation of Non-Bank Financial Services Markets on August 17.
The National Bank of Ukraine took enforcement measures against FC “Atlana” LLC, imposing a fine of 198,880 UAH on the financial company and issuing it a written warning.
As the NBU reported on August 20, the regulator identified violations of legislation governing the provision of financial services, as well as shortcomings related to the timely and complete submission of information, explanations, and documents to the National Bank.
The company must pay the fine within one month after the decision takes effect. Atlana must rectify the identified violations and deficiencies by September 8, 2026.
The decision was adopted by the NBU’s Committee on Supervision and Regulation of Non-Bank Financial Services Markets on August 17, 2026.
This is not the first enforcement action taken by the NBU against the company. In November 2025, the regulator fined FC “Atlana” 595,000 UAH for a series of violations of anti-money laundering legislation, specifically for deficiencies in risk assessment and customer due diligence.
In 2025, the State Statistics Service of Ukraine resumed imposing administrative fines for violations related to the submission of statistical reports, after no such resolutions were issued in 2023 or 2024.
According to Opendatabot, in 2025, the State Statistics Service issued 30 rulings totaling 5,100 UAH. By comparison, there were 21 such rulings in 2022, and none in 2023–2024.
The refund of fines is linked to the reinstatement of mandatory statistical and financial reporting. The State Statistics Service officially announced that, as of July 5, 2025, reporting once again became mandatory for enterprises, institutions, organizations, and entrepreneurs included in state statistical surveys.
Companies that took advantage of wartime exemptions and failed to submit the required information in 2022–2025 were required to file their backlog of reports within three months—by October 5, 2025. At the same time, the regular deadlines for submitting current reports were reinstated.
However, the practice of imposing fines in 2025 proved to be extremely uneven. All 30 resolutions were issued in just five regions: respondents in Vinnytsia, Zakarpattia, and Ivano-Frankivsk Oblasts received eight each; those in Mykolaiv Oblast received five; and one was issued in Luhansk Oblast.
Administrative liability applies for failure to provide statistical data, missing deadlines, or submitting inaccurate or incomplete information. According to Opendatabot, the fine for officials and sole proprietors ranges from 170 to 255 UAH, and may be higher in the event of a repeat violation.
In 2026, the reporting obligation remains in effect. The State Statistics Service has published a separate reporting calendar for 2026 and allows companies to review the required forms via the “My Reporting” service.
Source: Opendatabot, published on August 14, 2026; State Statistics Service of Ukraine.
ENTERPRISE, FINE, REPORTING, State Statistics Service, STATISTICS
In July 2026, the National Bank of Ukraine imposed a fine of 16.1 million UAH on Raiffeisen Bank JSC for a series of violations of anti-money laundering and counter-terrorism financing laws.
Among the violations identified by the regulator were inadequate customer due diligence and failure to apply a risk-based approach, as well as deficiencies in risk management during the implementation and use of information products and technologies, particularly when conducting transactions without direct contact with the customer.
The NBU also identified instances of untimely reporting of threshold financial transactions to the authorized state body and shortcomings in providing information and documents in response to the regulator’s requests.
In addition to the fine, Raiffeisen Bank received a written warning. It pertains, in particular, to the verification of customers and ultimate beneficial owners falling under the PEP category, internal documents regarding financial monitoring, updating information in customer questionnaires, and the transmission of information about payers.
Raiffeisen Bank has been operating in Ukraine since 1992, initially under the name Bank Aval. Since 2005, the bank has been part of the Austrian Raiffeisen Group. According to the ownership structure as of January 1, 2026, Raiffeisen Bank International AG holds 68.21% of the Ukrainian bank’s shares, while the European Bank for Reconstruction and Development holds 30%. Natalia Gurina is the chair of the bank’s board of directors.
In July 2026, the National Bank of Ukraine (NBU) imposed a fine totaling 42.545 million UAH on JSC “Ukrainian Capital Bank” for violating financial monitoring and foreign exchange supervision regulations.
The regulator imposed the main fine of 40.545 million UAH for the improper organization and conduct of initial financial monitoring. Specifically, the NBU identified shortcomings in the bank’s application of a risk-based approach, its assessment of customer risks, and its internal documents regarding financial monitoring and customer due diligence. The bank also did not always provide information and documents in a timely and complete manner in response to requests from the inspection team.
An additional fine of 2 million UAH was imposed for violations of foreign exchange legislation. According to the NBU, the bank improperly carried out foreign exchange supervision, failed to ensure a comprehensive analysis of documents related to certain foreign exchange transactions, and did not identify the indicators of such transactions as required by regulations.
In addition, “Ukrainian Capital” received two written warnings. One relates to additional due diligence on customers who are politically exposed persons (PEPs), the automation of certain procedures, and the completion of customer questionnaires. The second concerns the late submission of and errors in statistical reports on foreign exchange transactions.
The NBU announced the imposition of these enforcement measures on August 7, 2026. In total, in July, the regulator imposed sanctions for violations in the areas of financial monitoring and foreign exchange legislation on two banks and 19 non-bank financial institutions.
Ukrainian Capital Bank has been operating in the Ukrainian market since 1992 and was originally registered as Zakarpattia Bank; it has used its current name since 1996. The NBU classifies it as a privately owned bank. According to the regulator, as of February 1, 2026, the bank’s assets totaled 3.079 billion UAH, liabilities amounted to 2.874 billion UAH, and capital stood at 204.7 million UAH. The NBU lists Serhiy Belashov, Liliana Belashova, Daria Zlidar, and Nataliia Kiva as major shareholders. Yevhen Chechyl serves as chairman of the board.
BANK, financial monitoring, FINE, foreign exchange supervision, NBU
The Antimonopoly Committee of Ukraine (AMCU) announced that it had uncovered a long-standing cartel conspiracy in the capital’s household waste collection services market, as well as the manipulation of the results of a 2021 tender for the procurement of these services, and decided to fine the municipal enterprise (ME) “Kyivkomunservice” and eight other companies a total of 313.3 million UAH.
According to the AMCU, “Kyivkomunservice,” Altfater Kyiv LLC, “Volodar–Roz” LLC, “Kyivspetstrans” PJSC, “Kramar Recycling” LLC, “Celtic” LLC, and “Spetskommuntechnika” LLC divided the market among themselves as part of a cartel agreement, thereby restricting other companies’ access to it.
For this, on July 31, the Committee’s board fined them a total of over 175.8 million UAH and ordered them to cease the aforementioned violations.
In another decision on the same day, the Board imposed a fine on the same municipal enterprise and four other companies from the previous list (Altfater Kyiv LLC, Volodar–Roz Firm LLC, “Celtic” LLC and “Spetskommuntechnika” LLC), as well as “Profpererobka” LLC and “Kramar Eco” LLC, for 137.5 million UAH for distorting the results of a 2021 tender—held pursuant to an order from the Kyiv City State Administration—to select a contractor for household waste collection services.
“It has been proven that the participants did not compete with one another for the right to perform the contract but had agreed in advance on the division of roles, resulting in the victory of one of them and the safeguarding of the economic interests of the others,” the AMCU stated in a press release on its website. According to the committee, proceedings in both cases began in June 2025.
In 2025, the municipal enterprise “Kyivkomunservice” increased its revenue by 4% to 875.3 million UAH, while its net profit decreased by 18.5% to 48.7 million UAH.
