diff --git a/cli/testdata/verify.yml b/cli/testdata/verify.yml
index 8d3cb83ad..421e5d254 100644
--- a/cli/testdata/verify.yml
+++ b/cli/testdata/verify.yml
@@ -1,5 +1,5 @@
 name: Test verify
-Events:
+events:
   - name: OnNEP11Payment
     parameters:
       - name: from
diff --git a/pkg/compiler/codegen.go b/pkg/compiler/codegen.go
index c2cf96533..5fd993f01 100644
--- a/pkg/compiler/codegen.go
+++ b/pkg/compiler/codegen.go
@@ -959,20 +959,6 @@ func (c *codegen) Visit(node ast.Node) ast.Visitor {
 			ast.Walk(c, n.Fun)
 			emit.Opcodes(c.prog.BinWriter, opcode.CALLA)
 		case isSyscall(f):
-			if f.pkg.Name() == "runtime" && f.name == "Notify" {
-				tv := c.typeAndValueOf(n.Args[0])
-				params := make([]string, 0, len(n.Args[1:]))
-				for _, p := range n.Args[1:] {
-					st, _ := c.scAndVMTypeFromExpr(p)
-					params = append(params, st.String())
-				}
-				// Sometimes event name is stored in a var.
-				// Skip in this case.
-				if tv.Value != nil {
-					name := constant.StringVal(tv.Value)
-					c.emittedEvents[name] = append(c.emittedEvents[name], params)
-				}
-			}
 			c.convertSyscall(f, n)
 		default:
 			emit.Call(c.prog.BinWriter, opcode.CALLL, f.label)
diff --git a/pkg/compiler/compiler_test.go b/pkg/compiler/compiler_test.go
index cfe300e8d..d77a26012 100644
--- a/pkg/compiler/compiler_test.go
+++ b/pkg/compiler/compiler_test.go
@@ -9,6 +9,8 @@ import (
 
 	"github.com/nspcc-dev/neo-go/pkg/compiler"
 	"github.com/nspcc-dev/neo-go/pkg/config"
+	"github.com/nspcc-dev/neo-go/pkg/smartcontract"
+	"github.com/nspcc-dev/neo-go/pkg/smartcontract/manifest"
 	"github.com/stretchr/testify/require"
 )
 
@@ -130,3 +132,46 @@ func TestOnPayableChecks(t *testing.T) {
 		require.Error(t, compileAndCheck(t, src))
 	})
 }
+
+func TestEventWarnings(t *testing.T) {
+	src := `package payable
+		import "github.com/nspcc-dev/neo-go/pkg/interop/runtime"
+		func Main() { runtime.Notify("Event", 1) }`
+
+	_, di, err := compiler.CompileWithDebugInfo("eventTest", strings.NewReader(src))
+	require.NoError(t, err)
+
+	t.Run("event it missing from config", func(t *testing.T) {
+		_, err = compiler.CreateManifest(di, &compiler.Options{})
+		require.Error(t, err)
+
+		t.Run("suppress", func(t *testing.T) {
+			_, err = compiler.CreateManifest(di, &compiler.Options{NoEventsCheck: true})
+			require.NoError(t, err)
+		})
+	})
+	t.Run("wrong parameter number", func(t *testing.T) {
+		_, err = compiler.CreateManifest(di, &compiler.Options{
+			ContractEvents: []manifest.Event{{Name: "Event"}},
+		})
+		require.Error(t, err)
+	})
+	t.Run("wrong parameter type", func(t *testing.T) {
+		_, err = compiler.CreateManifest(di, &compiler.Options{
+			ContractEvents: []manifest.Event{{
+				Name:       "Event",
+				Parameters: []manifest.Parameter{manifest.NewParameter("number", smartcontract.StringType)},
+			}},
+		})
+		require.Error(t, err)
+	})
+	t.Run("good", func(t *testing.T) {
+		_, err = compiler.CreateManifest(di, &compiler.Options{
+			ContractEvents: []manifest.Event{{
+				Name:       "Event",
+				Parameters: []manifest.Parameter{manifest.NewParameter("number", smartcontract.IntegerType)},
+			}},
+		})
+		require.NoError(t, err)
+	})
+}
diff --git a/pkg/compiler/inline.go b/pkg/compiler/inline.go
index d3653941b..6c5b676ce 100644
--- a/pkg/compiler/inline.go
+++ b/pkg/compiler/inline.go
@@ -1,9 +1,12 @@
 package compiler
 
 import (
+	"fmt"
 	"go/ast"
+	"go/constant"
 	"go/types"
 
+	"github.com/nspcc-dev/neo-go/pkg/core/interop/runtime"
 	"github.com/nspcc-dev/neo-go/pkg/vm/emit"
 	"github.com/nspcc-dev/neo-go/pkg/vm/opcode"
 )
@@ -27,6 +30,8 @@ func (c *codegen) inlineCall(f *funcScope, n *ast.CallExpr) {
 	pkg := c.buildInfo.program.Package(f.pkg.Path())
 	sig := c.typeOf(n.Fun).(*types.Signature)
 
+	c.processNotify(f, n.Args)
+
 	// When inlined call is used during global initialization
 	// there is no func scope, thus this if.
 	if c.scope == nil {
@@ -114,3 +119,28 @@ func (c *codegen) inlineCall(f *funcScope, n *ast.CallExpr) {
 	c.importMap = oldMap
 	c.pkgInfoInline = c.pkgInfoInline[:len(c.pkgInfoInline)-1]
 }
+
+func (c *codegen) processNotify(f *funcScope, args []ast.Expr) {
+	if f != nil && f.pkg.Path() == interopPrefix+"/runtime" && f.name == "Notify" {
+		// Sometimes event name is stored in a var.
+		// Skip in this case.
+		tv := c.typeAndValueOf(args[0])
+		if tv.Value == nil {
+			return
+		}
+
+		params := make([]string, 0, len(args[1:]))
+		for _, p := range args[1:] {
+			st, _ := c.scAndVMTypeFromExpr(p)
+			params = append(params, st.String())
+		}
+
+		name := constant.StringVal(tv.Value)
+		if len(name) > runtime.MaxEventNameLen {
+			c.prog.Err = fmt.Errorf("event name '%s' should be less than %d",
+				name, runtime.MaxEventNameLen)
+			return
+		}
+		c.emittedEvents[name] = append(c.emittedEvents[name], params)
+	}
+}
diff --git a/pkg/compiler/syscall_test.go b/pkg/compiler/syscall_test.go
index 86adb3306..048362af2 100644
--- a/pkg/compiler/syscall_test.go
+++ b/pkg/compiler/syscall_test.go
@@ -188,6 +188,17 @@ func TestNotify(t *testing.T) {
 	assert.Equal(t, exp0, s.events[0].Item.Value())
 	assert.Equal(t, "single", s.events[1].Name)
 	assert.Equal(t, []stackitem.Item{}, s.events[1].Item.Value())
+
+	t.Run("long event name", func(t *testing.T) {
+		src := `package foo
+		import "github.com/nspcc-dev/neo-go/pkg/interop/runtime"
+		func Main(arg int) {
+			runtime.Notify("long event12345678901234567890123")
+		}`
+
+		_, _, err := compiler.CompileWithDebugInfo("foo.go", strings.NewReader(src))
+		require.Error(t, err)
+	})
 }
 
 func TestSyscallInGlobalInit(t *testing.T) {