On December 30, 2013 the National Securities and Stock Market Commission and the National Bank of Ukraine entered into Agreement between NSSMC and NBU No. 114/14.
According to Article 18 of the Law of Ukraine “On Prevention and Counteraction to Legalization (Laundering) of Proceeds of Crime, Terrorism Financing, and Financing of Proliferation of Weapons of Mass Destruction,” the tasks of the specially authorized body include, in particular, establishing cooperation, interaction and exchange of information with state authorities, the National Bank of Ukraine, competent foreign authorities and international organizations in the field of prevention and counteraction to legalization (laundering) of proceeds of crime, terrorism financing, and financing of proliferation of weapons of mass destruction.
According to Article 22 of the Law of Ukraine “On Financial Services and State Regulation of Financial Services Markets,” the National Bank of Ukraine, the NSSMC, and the National Commission for State Regulation of Financial Services Markets are authorized to access each other’s information databases maintained for the purpose of regulating financial services markets.
To cooperate and coordinate the activities, the National Bank of Ukraine, the NSSMC and the National Commission for State Regulation of Financial Services Markets are required to hold action meetings at least once a month or more often at the request of one of the heads of these agencies. Relevant minutes and/or interagency agreements must be drawn/entered into based on the results of such meetings. Consideration and implementation of decisions in these minutes or agreements are binding on each state authority regulating the financial services markets.