The Federal Financial Monitoring Service (Rosfinmonitoring) is a federal executive body responsible for combating money laundering and terrorist financing; developing and implementing state policies and regulatory/legal frameworks in this area; coordinating relevant activities of other federal executive bodies; as well as acting as a national center for the assessment of threats to national security arising from money laundering, financing of terrorism and proliferation of weapons of mass destruction and for the development of measures to counter these threats.

The Federal Financial Monitoring Service reports directly to the President of the Russian Federation.

Rosfinmonitoring operates:

- directly and (or) through its territorial bodies;

- in cooperation with other federal bodies of executive power, executive bodies of constituent entities of the Russian Federation, local authorities, public associations and organizations.