On the meeting of the Interagency Commission on combating legalization (laundering) of proceeds from crime, financing of terrorism and financing the proliferation of weapons of mass destruction

Published: 20.03.2018

On March 15, 2018, at the Federal Financial Monitoring Service a regular meeting of the Interagency Commission on combating legalization (laundering) of proceeds from crime, financing of terrorism and financing the proliferation of weapons of mass destruction was held.    

The meeting of the Interagency Commission was attended by representatives of the President’s Executive Office, Council of The Federation of The Federal Assembly of The Russian Federation, State Duma of The Federal Assembly of The Russian Federation, Government of the Russian Federation, Security Council of the Russian Federation, Russian Home Office, Russian Foreign Office, Ministry of Justice, Federal Security Service, Federal Tax Service, Federal Customs Service,  Federal Bailiff Service of Russia, Federal Penitentiary Service of Russia, Federal Service for Technical and Export Control, Roskomnadzor, Rosfinmonitoring, Bank of Russia, Assay Chamber of Russia, Investigative Committee of Russia and Prosecutor General’s Office.   

During the meeting the following issues were discussed:

  • On the preparation of the evaluation of the Russian Federation by the FATF in 2018, and the technology of preparation of reports on technical compliance with the FATF standards and the efficiency of the Russian AML/CFT system.
  • On international cooperation in combating the legalization (laundering) of proceeds from crime and the financing of terrorism in the context of the preparation of reports on technical compliance and effectiveness (Immediate Outcome No. 2).
  • On international cooperation in combating the legalization (laundering) of proceeds from crime and the financing of terrorism in the provision of mutual legal assistance in criminal matters.
  • On international cooperation in combating legalization (laundering) of incomes obtained in a criminal way and financing of terrorism in terms of interaction of law enforcement agencies via Interpol.
  • On international cooperation in combating the legalization (laundering) of proceeds from crime with regard to the interaction of financial intelligence units.
  • International cooperation in combating the financing of terrorism in the area of interaction between financial intelligence units.
  • On international cooperation in combating the financing of terrorism in terms of cooperation between financial intelligence units. On the Action Plan of the Interagency Commission for 2018.

March 23. On the on-site meeting of the Consultative Council under the Interagency Commission on combating legalization (laundering) of proceeds from crime, financing of terrorism and financing the proliferation of weapons of mass destruction.

On March 13, 2018 at the National Financial Market Council an on-site meeting of the Consultative Council under the Interagency Commission on combating legalization (laundering) of proceeds from crime, financing of terrorism and financing the proliferation of weapons of mass destruction was held.   Besides the members of the Consultative Council the representatives of the banking society actively participated in the event.  

The on-site meeting was dedicated to the preparation for the forthcoming FATF evaluation. A particular focus was on the latest amendments to the Federal law of  07.08.2001 № 115-FZ “On Combating Legalization (Laundering) of Proceeds from Crime, Financing of Terrorism and Financing the Proliferation of Weapons of Mass Destruction”  with regard to the introduction of a mechanism for the rehabilitation of persons who have been denied transactions, the conclusion of a Bank account agreement (deposit) or with whom the credit institution has terminated a previously concluded Bank account agreement (deposit) and the introduction of a mechanism for remote identification of the customer of the credit institution. Also ways to manage increased risks of money laundering and terrorist financing were discussed. Participants were briefed on the results of the implementation of the pilot project on identification.