Kyiv, March 19 (Interfax-Ukraine) – Ukraine's state financial monitoring committee expects the Verkhovna Rada will soon pass new wording of the anti-money laundering law, which will let the country rejoin the group of the countries fully meeting FATF (Financial Action Task Force on Money Laundering) anti-money laundering requirements.

"We hope that the bill will be passed at Verkhovna Rada's plenary meetings soon, which is expected by FATF and MONEYVAL (The Council of Europe's Committee of Experts on the Evaluation of Anti-Money Laundering Measures and the Financing of Terrorism) from Ukraine. In that case, Ukraine will face no sanctions," reads a press release distributed by the committee on Friday.

According to the committee, a relevant bill (No. 3062) has already been prepared for second reading.

"This bill is fully in line with the international practice of forming a national anti-money laundering system," reads the press release.

"After the adoption of the law… and its taking effect, its implementation will take time. However, we'll do this as fast as possible," reads the document.

According to the press release, FATF classifies all national anti-money laundering systems in four groups: countries whose national systems fully meet FATF requirements; countries whose legislation has some drawbacks; countries which have strategic gaps in the anti-money laundering system; and countries that are under the special regime of sanctions.