In June 2026, the National Bank of Ukraine fined JSC “PUMB” 10 million hryvnia for violating financial monitoring regulations, the regulator announced on July 7.
According to the NBU, the violations involved inadequate verification of new and existing customers, as well as a failure to apply enhanced due diligence measures to customers with high-risk business relationships.
The regulator also pointed out the bank’s improper application of a risk-based approach. In particular, the NBU noted that the bank failed to identify a high level of risk in business relationships with clients whose ultimate beneficial owners are citizens of a state engaged in armed aggression against Ukraine.
Furthermore, according to the NBU, the bank failed to promptly notify the specially authorized body of threshold financial transactions and violated requirements regarding the termination of business relationships with clients who did not provide documents or information necessary for proper verification.
In addition to the fine, PUMB received a written warning for deficiencies in its internal financial monitoring documents. The NBU noted that these documents lacked procedures sufficient for effective risk management and for preventing the use of banking services for money laundering, terrorist financing, or the proliferation of weapons of mass destruction.
FUIB—First Ukrainian International Bank—is one of the largest private banks with Ukrainian capital. The bank has been operating since 1991 and provides services to private clients, entrepreneurs, and businesses. FUIB is classified as a systemically important bank by the NBU and serves approximately 147,000 corporate clients and 1.9 million retail clients.
According to Fixygen, the National Bank of Ukraine imposed a penalty of 432.35 thousand UAH and issued a written warning against FC “Business-Partner” LLC.
As reported on the regulator’s website, the sanctions were imposed for submitting regulatory reports to the NBU containing inaccurate data, as well as for failing to ensure the functioning of a comprehensive, adequate, and effective internal control system.
Specifically, the fine was imposed for violating the requirements of paragraph 5 of Section I of the Rules for the Preparation and Submission of Reports by Non-Bank Financial Services Market Participants to the National Bank of Ukraine, approved by NBU Board Resolution No. 123 of November 25, 2021.
The company must pay the fine within one month from the date the decision takes effect. In addition, by July 15, 2026, FC “Business-Partner” must remedy the violations of the requirements for the financial company’s corporate governance and internal control systems, as well as the operational shortcoming specified in the warning.
Business-Partner Financial Company LLC is registered in Ukraine under EDRPOU code 43310379. The company operates in the non-bank financial services market. Such institutions are supervised by the NBU following the transfer of control functions over the non-bank financial sector to the regulator.
Source: NBU
The National Bank of Ukraine fined FC “Alliance Capital Group” LLC 100,000 UAH for violating the procedures for conducting currency exchange operations, the regulator announced on its website.
According to the NBU’s statement, the violation consisted of a cashier at a separate structural unit failing to accept or issue cash for a currency exchange transaction simultaneously with the provision of a settlement document from the transaction recorder.
The regulator also issued a written warning to the company for violating requirements regarding the video surveillance system, specifically the absence of date and time information in the video footage from the customer area.
FC “Alliance Capital Group” LLC operates in the non-bank financial services market.
The National Bank of Ukraine fined Pawnshop “No. 1” LLC “Contract-Group” 200,000 UAH for violating the procedure for conducting currency exchange transactions, the regulator announced on its website.
According to the NBU’s statement, the violation consisted of a cashier at a separate structural unit failing to provide payment documents from the payment transaction register simultaneously with the receipt or issuance of cash in foreign currency for reversal transactions.
In addition, the pawnshop received a written warning for the absence in a separate structural unit of a copy or extract from the order on its opening, specifying the list of transactions carried out at the cash desk, as well as for violating the requirements for technological video surveillance systems.
PT “Pawnshop No. 1” LLC “Contract-Group” operates in the pawnshop and non-bank financial services market.
The National Bank of Ukraine fined Avangard Bank JSC 2 million UAH for violating financial monitoring regulations, the regulator announced on its website.
According to the NBU’s statement, the bank was fined for improper application of a risk-based approach, failure to identify a financial transaction subject to financial monitoring, and improper analysis of customer transactions for indicators of suspicious activity.
In addition, the regulator issued written warnings to the bank. These warnings concern the improper development and implementation of internal documents on financial monitoring, as well as the submission of erroneous information on foreign exchange transactions to the NBU.
As previously reported, in May, the NBU imposed sanctions on one bank and nine non-bank financial institutions for violations in the areas of financial monitoring and foreign exchange legislation.
Bank Avangard JSC operates in the Ukrainian banking market and provides services to corporate and private clients.
In May 2026, the National Bank of Ukraine (NBU) fined LLC “1 Safe Agency of Necessary Loans” (TM “MyCredit”) 6.13 million UAH and Avangard Bank 2 million UAH for violating financial monitoring regulations, the regulator announced on its website.
According to the statement, LLC “1 Safe Agency of Necessary Loans” was fined for improper organization and conduct of initial financial monitoring. In particular, the National Bank pointed to violations in the application of a risk-based approach, the development of internal documents, proper customer due diligence, work with politically exposed persons, and the provision of information in response to the regulator’s requests.
Avangard Bank was fined for improper application of a risk-based approach, failure to identify a financial transaction subject to financial monitoring, and improper analysis of customer transactions for indicators of suspicious activity.
In addition, the financial institution received written warnings for the improper development and implementation of internal documents on financial monitoring, as well as for submitting information on foreign exchange transactions to the NBU with errors.
The Central Bank also fined FC “A Finance” LLC 800,000 UAH for violating the procedure for conducting currency exchange transactions and failing to equip a separate structural unit with a video surveillance system.
FC “MBK” LLC was fined UAH 799,000 for violating financial monitoring requirements, specifically the improper submission of information and documents in response to requests from the National Bank, failure to fulfill the obligation to conduct proper customer due diligence, improper application of a risk-based approach, violation of the procedure for storing documents in client files and preparing statistical reports on AML/CFT issues.
The company also received a written warning for improper development and implementation of internal documents on financial monitoring, deficiencies in the operation of the automation system for continuous monitoring of client transactions, and failure to include verified information in client questionnaires.
PT “Pawnshop No. 1” of “Contract-Group” LLC was fined 200,000 UAH for violating the procedure for conducting foreign exchange transactions, specifically the cashier’s failure to provide cash register receipts simultaneously with the receipt or issuance of cash in foreign currency for reversal and verification transactions.
In addition, the pawnshop received a written warning for the absence in a separate structural unit of a copy or excerpt from the order on its opening, specifying the list of transactions carried out at the cash desk, as well as for violating the requirements for technological video surveillance systems.
Alliance Capital Group FC LLC was fined UAH 100,000 for violating the procedure for conducting currency exchange transactions, specifically the cashier’s failure to accept or issue cash for a currency exchange transaction simultaneously with the issuance of a cash register settlement document.
The regulator also issued a written warning to the company for violating the requirements for the video surveillance system, specifically the absence of date and time information in the video footage from the customer area.
FC “Alfa-Invest Group” LLC received a written warning for violating the procedure for conducting currency exchange transactions, which consisted of failing to issue foreign currency cash to an individual customer simultaneously with the provision of a cash register receipt.
As reported, in May, the NBU fined LLC “FC ”Kontraktovy Dom“ and LLC ”Swift Garant” 135.15 million UAH each for improper organization and conduct of initial financial monitoring. In addition, PJSC “Insurance Company ”VUSO” was fined UAH 40.71 million for a similar violation.
