The National Bank of Ukraine assured that there will be no uncontrolled and unlimited access of tax authorities to banking secrecy. This was stated by NBU Chairman Andriy Pishny.
According to the lush, the privacy of banking data is a key element of trust in the financial system.
"The NBU is ready to discuss the procedure, regulations, but cannot agree with uncontrolled and unlimited extrauditative access to bank secrecy for any body," he stressed.
Pizhny also stressed that in the EU countries, Ukraine seeks to join Ukraine, there are mechanisms for combating tax evasion, but they do not provide for boundless access to state bodies to bank accounts.
"Therefore, it cannot be said that banking data in Ukraine will be disclosed in an uncontrolled and unregulated volume," the NBU chairman assured.
Thus, despite the need to strengthen tax control, the National Bank advocated a clear regulation of the process of access to banking data in order to prevent abuse and violations of citizens' rights.
