Location: Kyiv, Zoom
Format: Master class

Topic: Economic Security Bureau and potential risks for business: focus for CFOs

The ESB promises a ‘new approach,’ but businesses continue to feel pressure. Detectives are becoming more active and professional.
Their focus is on international business transactions and relations with non-residents.
Thanks to increased expertise and expanded access to information from abroad, investigations into Ukrainian businesses have become more effective.

Speakers:
Denys Bugay, lawyer, founding partner of VB Partners
Expert in anti-corruption investigations, complex criminal proceedings and business protection. Key expertise – investigations in the areas of asset theft, fraud, money laundering, abuse of power and tax evasion.

Serhii Boiko, lawyer, partner at VB Partners
Specialises in complex and comprehensive cases at all stages of criminal proceedings. Has experience in anti-corruption cases, in particular in cases involving false declarations, giving/receiving undue benefits, misappropriation and embezzlement of assets, and abuse of authority.

Lilia Kuznets, lawyer, advisor at VB Partners
Specialises in defence in complex criminal proceedings with cross-border elements and international requests. Has significant experience in supporting top management of large financial institutions and business groups in cases combining Ukrainian and foreign legal systems.

Iryna Barlozhetska, lawyer at VB Partners
Specialises in complex criminal proceedings and anti-corruption investigations. Key expertise – investigations in the areas of asset theft and tax evasion.

Presentation topics:
1. Key indicators of the BEB. Main areas of activity, areas of focus for the CEO and CFO.
2. Key risks. What should the CFO pay attention to?
• Preferential tax rates for payments to non-residents (dividends, royalties, interest on loans).
• Overstatement of tax credits and expenses.
• Marketing (agency) services, involvement of sole proprietors.
3. Law enforcement access to information in international jurisdictions:
• Obtaining information from abroad: banking secrecy, corporate information, asset data. Expansion of jurisdiction for cooperation (UAE, Cyprus, Germany, Italy, Switzerland, etc.).
• Exchange of tax information: CRS, CbCR standards + spontaneous exchange.
• International capabilities of the State Financial Monitoring Service.

Event schedule:
18:00 – 18:30 welcome coffee break
18:30 – 20:30 case session
20:30 – 21:00 closing

Moderator: Mykhailo Kolisnyk

The meeting is part of the CFO CLUB UKRAINE club programme.
If you are not a member of the club, you are eligible for a ‘guest visit’. You can use it once. Guest visits are valid for CFOs only. The organisers reserve the right to refuse participation, as the number of guest places is limited.

We will be happy to answer your questions.
Please call +38 067 192 48 67, Svitlana Vikarenko