In Ukraine, the fight against financial crimes intensified, and according to the results of the work of the State Financial Monitoring Service (State Financial Monitoring) for 2024, more than 6.1 billion hryvnias were blocked due to suspicious financial transactions that may be related to money laundering, corruption or terrorist financing .
In 2024, the State Financial Monitoring Service received 1,302,053 reports on financial transactions subject to monitoring. This is 27% more than last year. Most of these messages (80%) concern threshold transactions — those that exceed 400,000 hryvnias per month. However, about 20% or 254,500 transactions cause suspicion due to possible connections with money laundering or terrorism.
Of all reports, 99% come from banks, while only 1% come from non-bank financial institutions such as credit unions, insurance companies and pawn shops.
After verification, suspicious transactions are transferred to law enforcement agencies for further investigation. In 2024, State Financial Monitoring sent 780 materials to law enforcement agencies.
- The National Police received the largest number of cases - 223 materials (28.6% of the total number) related to fraud, financial fraud and cybercrimes in the amount of more than 15 billion hryvnias.
- 218 materials (27.9%) worth 9.7 billion hryvnias were transferred to the Security Service of Ukraine (SBU) These are cases related to treason, collaborationism, and activities of criminal organizations.
- The National Anti-Corruption Bureau of Ukraine (NABU) received 120 materials related to corruption among high-ranking officials, including ministers, deputies, judges and heads of state-owned enterprises, in the amount of 7.06 billion hryvnias.
- 109 materials were related to suspected funding of terrorism or separatism, and 173 materials indicated corruption risks involving 12.1 billion hryvnias.
