In December 2025, the state-owned Oschadbank was fined UAH 5.5 million by the National Bank of Ukraine for violating financial monitoring legislation.
As noted by the regulator, the violations identified concerned the application of a risk-based approach and proper customer verification in the area of AML/CFT. In addition, the NBU issued a written warning to the bank.
The National Bank of Ukraine fined TAScombank UAH 10.0 million for violating anti-money laundering and counter-terrorist financing (AML/CTF) requirements.
In particular, the violations concerned the application of a risk-based approach and inadequate customer verification. The NBU also issued written warnings to the bank for late notification of threshold financial transactions and submission of incorrect information on foreign exchange transactions.
In December 2025, the National Bank of Ukraine (NBU) imposed sanctions on the International Investment Bank (IIB), imposing fines totaling UAH 14.5 million for violations of the law.
According to the regulator, UAH 13.5 million of the fine was imposed for improper organization and conduct of initial financial monitoring, and another UAH 1.0 million for violating currency supervision requirements. In addition, the NBU issued a written warning to the bank for the untimely automation of the preparation of standard responses to requests from the regulator.
Since the end of November, State Enterprise “Forests of Ukraine” has sold over 17,000 Christmas trees worth UAH 3.5 million and has begun raids to detect illegal logging, with fines tripled ahead of the New Year holidays, the state enterprise’s press service reported on Telegram.
According to the report, the largest number of Christmas trees were sold in the branches of the Central Forest Office (6,900), the Northern Forest Office (3,700), and the Polissya Forest Office (3,400).
The average price of one Christmas tree sold is UAH 202 including VAT. In total, the state-owned enterprise plans to sell about 140,000 coniferous trees based on the experience of the previous Christmas and New Year season.
“Forests of Ukraine” reminded that branches of the state-owned enterprise organize retail trade at more than 300 trading sites: in forestry enterprises, fairs, and markets in populated areas. Information about the places of sale and contacts of responsible persons is posted on the website of the state-owned enterprise “Forests of Ukraine.”
In addition, Christmas trees can be pre-ordered by calling the nearest forestry office that sells them. After that, you can come, pay (payment can be made through a terminal in the forestry office/forestry department, at a bank branch, or through online banking), and pick up your New Year’s tree.
Prices for New Year’s conifers have remained almost unchanged compared to last year, averaging between 210 and 250 UAH. Spruce/fir trees cost between 240 and 280 UAH. The cheapest Christmas trees are offered by foresters in the wooded areas of the North and Polissya. For example, in Volyn, a 1.5-meter pine tree costs 180 UAH, and in Sumy and Chernihiv regions, 170 UAH. Prices are slightly higher in low-resource regions in the east and south and near large cities.
Some branches of the State Enterprise “Forests of Ukraine” offer Christmas trees in containers. Prices start at 500 UAH, depending on size.
At the same time, to protect coniferous plantations during the Christmas and New Year period, branches of the State Enterprise “Forests of Ukraine” have formed 295 mobile raid groups, comprising almost 1,000 people.
The raid groups conducted 385 joint raids, during which they detected 34 cases of illegal felling of coniferous trees and drew up 28 administrative reports totaling more than UAH 14,000.
The amount of the fine depends on the location of the illegally cut Christmas tree and its diameter at the root collar for trees up to 41 years old: up to 10 cm – 893 UAH (in nature reserves – 7,600 UAH); 10.1-14 cm – 1,500 UAH (13,300 UAH); 14.1-18 cm – over 4,000 UAH (34,700 UAH).
“In December and January, fines are three times higher! In case of significant damage (from 30,200 UAH) from the felling and sale of illegally felled trees, criminal punishment is provided!” – warned the state-owned enterprise.
The National Bank of Ukraine (NBU) fined FINACO Financial Company LLC (Kyiv) UAH 1.28 million for violating the requirements of the law on the prevention and counteraction of money laundering and financial monitoring.
According to a statement on the regulator’s website, the fine is related to the improper implementation of internal documents on AML/CFT issues, shortcomings in the work of the responsible employee, failure to provide reports and documents upon request by the NBU, violation of the risk-based approach, improper verification of clients, as well as violation of the procedure for preparing reports and submitting a list of clients. A separate violation of the established procedure for notifying changes in information was noted.
Along with this, in November 2025, the NBU applied measures of influence to other market participants, including fining Pivdenny Bank UAH 18.5 million, Lviv Bank UAH 200,000, and FC ATLANA LLC UAH 595,000.
The total amount of fines for the month was UAH 20.57 million.
The National Bank of Ukraine (NBU) fined Pivdenny Bank (Odesa) a total of UAH 18.5 million for violations of legislation in the field of preventing and combating money laundering (AML/CFT) and currency legislation.
According to a statement on the regulator’s website, the bank must pay UAH 17.5 million in fines for improper application of a risk-based approach, improper verification of customers, shortcomings in enhanced verification of high-risk customers, and violation of the procedure for providing information in response to NBU requests.
Separately, Pivdenny Bank was fined UAH 1 million for violating currency supervision requirements, in particular for improper analysis of currency transaction documents and failure to identify currency transaction indicators.
In addition, the NBU issued two written warnings to the bank: for deficiencies in internal documents on AML/CFT and risk management, as well as for errors in statistical reporting on currency transactions.
As reported, in November 2025, the NBU applied sanctions to two banks and two non-bank financial institutions, including fines totaling UAH 20.57 million.
