According to the new rules, the state intends to improve control over the funds that exchange offices work with to prevent their use for operations related to crime.
In accordance with the new regulation, exchange offices are required to:
- implement an internal control system and appoint a responsible employee;
- verify clients' documents and, if necessary, the source of the funds;
- pay special attention to unusual and large financial transactions;
- identify suspicious transactions and notify the competent authorities;
- store information about transactions and clients for at least five years;
- apply strict control to high-risk transactions.
In case of reasonable suspicion, the exchange office must suspend the transaction and notify the financial intelligence authorities.For most clients, the currency exchange process will remain familiar. However, when dealing with large sums or non-standard transactions, exchange office employees may request additional documents.
The document was published on December 30, and the new requirements will come into effect on January 14, 2026.
