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

Author: International Monetary Fund

Volume/Issue: Volume 2009 Issue 022

Publication date: January 2009

ISBN: 9781451833188

$20.00

Add to Cart by clicking price of the language and format you'd like to purchase

Available Languages and Formats


English

Prices in red indicate formats that are not yet available but are forthcoming.

Topics covered in this book

This title contains information about the following subjects. Click on a subject if you would like to see other titles with the same subjects.

Public Finance , ISCR , CR , CFT law , state authorities , CFT system , CFT regime , CFT requirements , terrorist financing , Customs authorities , Customs authority , training programme , Russian authorities , due diligence , law enforcement authorities , government entity , Anti-money laundering and combating the financing of terrorism (AML/CFT) , Terrorism financing , Money laundering , Legal support in revenue administration , Corruption

Also of interest

Peru

Grenada

Nepal

Republic of Congo : 2001 Article IV

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.