Russian FederationRussia’s Federal Financial Monitoring Service, or Rosfinmonitoring, highlighted the Oct. 30, 2020 meeting regarding the interim results of its efforts to enhance the effectiveness of anti-money laundering and counterterrorist financing systems in line with Financial Action Task Force Recommendations
The Federal Financial Monitoring Service of the Russian Federation highlighted its participation in the 6th International EAG/ITMCFM forum.
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Kleptocrats of the World Have United: Author
The Central Bank of Russia issued a notice revoking the banking license of the Ivanova, Russia-based bank for its anti-money laundering and counterterrorist financing requirements.
The Central Bank of Russia issued a warning against the Krasnodar-based bank for insufficient anti-money laundering and counterterrorist financing internal controls in violation of Part 1 of Article 15.27 of the Administrative Offenses Code.
| Technical | Effectiveness |
|---|---|
| Compliant : 7 | High : 2 |
| Largely Compliant : 28 | Substantial : 4 |
| Partially Compliant : 5 | Moderate : 5 |
| Non-Compliant : 0 | Low : 0 |
| Rank : 52/141 |
| Score : 5.51/10 |
| Rank : 137/180 |
| Score : 28/100 |
| Rank : 44/133 |
| Score : 57/100 |