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Category Archives: Anti-money laundering measures

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New Anti-Money Laundering Initiative Aims to Improve Transparency

Posted in Anti-money laundering measures, Russia

The Russian Federal Financial Monitoring Service (“Rosfinmonitoring”) has set forth a draft law, introducing amendments to a number of legal acts and aimed at increasing the transparency of currency transactions and at strengthening anti-money laundering measures in Russia. The most important amendments are planned to be introduced into Federal Law No. 115-FZ dated August 7,… Continue Reading