Russian Federation: Report on the Observance of Standards and Codes: FATF Recommendations for Anti-Money Laundering and Combating the Financing of Terrorism

January 26, 2009

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Format: Chicago

Russian Federation: Report on the Observance of Standards and Codes: FATF Recommendations for Anti-Money Laundering and Combating the Financing of Terrorism, (USA: International Monetary Fund, 2009) accessed November 23, 2024

Summary

This report focuses on the observance of standards and codes for the Financial Action Task Force on Money Laundering (FATF-40), recommendations for anti-money laundering (AML), and nine special recommendations combating the financing of terrorism (CFT) for the Russian Federation. Laundered money is often invested in real estate or security instruments. The report reveals that the Russian authorities are well aware of the money laundering (ML) and terrorist financing (TF) schemes used in Russia. Many ML schemes also involve the misuse of (foreign) legal entities and financial institutions.

Subject: Anti-money laundering and combating the financing of terrorism (AML/CFT), Corruption, Crime, Legal support in revenue administration, Money laundering, Revenue administration, Terrorism financing

Keywords: Anti-money laundering and combating the financing of terrorism (AML/CFT), CFT law, CFT regime, CFT requirements, CFT system, Corruption, CR, Customs authorities, Customs authority, Due diligence, Government entity, ISCR, Law enforcement authorities, Legal support in revenue administration, Money laundering, Russian authorities, State authorities, Terrorism financing, Terrorist financing, Training programme

Publication Details

Pages:

28
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2009/022
Stock No:

1RUSEA2009001
ISBN:

9781451833188
ISSN:

1934-7685

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