Continue reading on DataGuidance with:
Free Member
Limited ArticlesCreate an account to continue accessing select articles, resources, and guidance notes.
Already have an account? Log in
Create an account
Join our community for free to access exclusive whitepapers, reports, and regulatory information.
International: SRPFR discusses model law harmonising AML legislation across CIS
The Federal Financial Monitoring Service ('Rosfinmonitoring') announced, on 15 November 2018, further to a meeting of the Council of Heads of Financial Intelligence Units of the Member States of the Commonwealth of Independent States ('SRPFR') held at the Commonwealth of Independent States Executive Committee in Belarus, on 14 November 2018, that a model anti-money laundering ('AML') law is being finalised. Furthermore, Rosfinmonitoring highlighted that the SRPFR focused on issues including AML, as well as the countering the financing of terrorism ('CFT') in the CIS, during the meeting.
The Director of Rosfinmonitoring, Yury Chikhanchin, noted, "Our main task is to harmonise the positions of the CIS countries in this direction, and after the adoption of the document, to bring the national laws of the states in line with it."
You can read the press release, only available in Russian, here.
Send us your Feedback!
Please let us know what you think of DataGuidance! It will only take 60 seconds and help us make the site better for you.
