Director of Rosfinmonitoring Yu. Chikhanchin and Chairman of Federal Assay Chamber Yu. Zubarev signed Cooperation and Information Exchange Agreement on August 10, 2020. This document builds on the traditions of long and fruitful cooperation between Rosfinmonitoring and assay oversight agencies.
The Agreement outlines the areas and methods of cooperation taking into consideration ML/TF risk assessment and provides for an exchange of essential information, up-to-date typologies, schemes, and methods of money laundering and financing of terrorism.
The document also calls for experience sharing aimed at personnel advanced training, drafting of guidance and training materials and elaborating proposals on ways to improve AML/CFT/CPF legislation.
Deputy Director of Rosfinmonitoring G. Bobrysheva and Deputy Chairman of Federal Assay Chamber D. Zamyshliaev signed an information exchange protocol that lays down the procedure and time frame for information sharing, the means of communication, and other technical specifications critical to ensuring the information exchange.
By sharing information, the agencies will be able to improve the effectiveness of their AML cooperation.