Government measures to prevent money laundering in offshore zones.

The Cabinet of Ministers has approved a plan of measures to prevent tax evasion by business entities and prevent money laundering in offshore areas. The plan directly provides for ensuring the updating of the Ukrainian list of offshore zones taking into account EU legal norm; prevention of illegal withdrawal of funds abroad, including to offshore zones, illegal movement of goods on the basis of forged invoices; introduction of automatic exchange of information with tax authorities of other countries, reported kmu.gov.ua.