Image source: topwar.ru
Today, the President of the Russian Federation held a working meeting with Yuri Chikhanchin, head of the Federal Financial Monitoring Service (Rosfinmonitoring). The main task of this executive authority is to prevent the use of the country's financial system for money laundering and terrorist financing.
The head of the supervisory authority reported to the President on the results of the work of the national anti-money laundering system and international cooperation in the field of financial security. In addition, Rosfinmonitoring continues to actively monitor the use of budget funds and combat corruption. A separate area is the fight against the involvement of Russian citizens in various shadow schemes.
The head of Financial Monitoring said that despite certain difficulties in relations with Western countries, the agency is increasing cooperation at the international level, primarily with the BRICS countries, but not only.
— Chikhanchin reported to the head of state.
Separately, the topic of cryptocurrencies was touched upon, the movement of which is much more difficult to track than bank transfers and other transactions, and the turnover of virtual currency has increased. This, in particular, is used by corrupt officials.
To counter the use of "crypts" in shadow spheres and embezzlement, Rosfinmonitoring cooperates very closely with the FSB, the Ministry of Internal Affairs and the Prosecutor General's Office of Russia. Special methodologies and so-called decision points have been jointly developed. In addition, commercial banks with the support of the Central Bank of the Russian Federation are focused on the corrupt official model, Chikhanchin continued.
As a result, there has been an increase in identified cases of corruption using cryptocurrencies, and the so-called level of law-abiding in the Russian Federation is about 90 percent of financial transactions. This is a very high percentage, the head of the department stressed.
The legislative framework is being improved in terms of controlling the shadow movement of funds, inappropriate spending of budget money, and so on. Last year alone, about 20 relevant laws were adopted in Russia.
— the head of Rosfinmonitoring reported.
Thanks to changes in the work of the judicial system, this year alone it was possible to prevent the conclusion of questionable transactions worth about 100 billion rubles. Together with the prosecutor's office, the FSB, the Ministry of Internal Affairs and the FAS, 39 billion rubles worth of auctions were revealed in conditions of limited competition. As a result, budget funds in the amount of more than 27 billion rubles were saved. Rosfinmonitoring, together with law enforcement agencies, is working on almost 1,300 criminal cases.
— said the head of Rosfinmonitoring.
