Apart from global challenges, Ukraine is currently forced to deal with the fallout from the invasion, which has destroyed one-third of the economy. While responding to the war, the NBU had to deviate from its benchmark inflation targeting approach, but our fundamental principles remain unchanged.
In other words, we need to reflect on the most effective way to manage the institutional and functional fragmentation in this area given its inherent cross-border nature. All of this makes combating money laundering and terrorist financing complicated from both a legal and a practical point of view. The battle can only be won through cooperation.