The Eurasian Group on Money Laundering announced that Russia has commenced criminal proceedings against a former deputy governor of the Primorsky Kai region, Pavel Popov, for alleged money laundering.
The Federal Financial Monitoring Service of the Russian Federation, or Rosfinmonitoring, announced the signing of a cooperation and information exchange agreement with the Federal Assay Chamber covering money laundering and terrorist financing.
Financial Times correspondent Tom Burgis spoke to senior reporter Koos Couvée about modern kleptocrats, the extent to which they have united their efforts, and aided by top attorneys and secret offshore finance, penetrated “rule of law” states in the West.
Former high-ranking Maltese official arrested, OFAC targets Cuba and Iran, and more, in the midweek roundup.
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.
|Compliant : 7||High : 2|
|Largely Compliant : 28||Substantial : 4|
|Partially Compliant : 5||Moderate : 5|
|Non-Compliant : 0||Low : 0|
|Rank : 48/129|
|Score : 5.75/10|
|Rank : 137/180|
|Score : 28/100|
|Rank : 44/133|
|Score : 57/100|