Rosfinmonitoring
Agency overview | |
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Formed | November 1, 2001 (as Committee for Financial Monitoring of Russia) |
Headquarters | K-450, D.39 Myasnitskaya Street, Moscow |
Agency executive |
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Parent agency | Administration of the President of Russia |
Website | FedSFM.Ru |
The Federal Financial Monitoring Service of the Russian Federation (
From November 1, 2001, to March 9, 2004, it was called Financial Monitoring Committee (Russian: Комитет по финансовому мониторингу). It has been led by Viktor Zubkov from the very beginning.
Rosfinmonitoring is considered as Russia's main body for financial intelligence.
History
Under Presidential Decree No. 1263 from November 1, 2001 "On the authorized body to counteract the legalization (laundering) of proceeds of crime", the Committee for Financial Monitoring of Russia (Комитет Российской Федерации по финансовому мониторингу) was born. The Presidential Decree came into force on February 1, 2002.
Following the adoption in September 2002 amendments to the Federal Law "On Combating Legalization (Laundering) of Proceeds from Crime and Financing of Terrorism", The Financial Monitoring Committee (KFM of Russia) functions have been enhanced with countering terrorism financing.
One of the committee's functions was to improve Russia's image in the international community: Russia at the time was in the "black list" of
On March 9, 2004, The Presidential Decree No. 314 ("On system and structure of the federal organs of the executive authority") The Committee for Financial Monitoring transformed into the Federal Service for Financial Monitoring (Rosfinmonitoring).
Until September 2007 the Federal Financial Monitoring Service was administered by the Ministry of Finance of the Russian Federation. In accordance with Presidential Decree from September 24, 2007 (No. 1274, "On Issues of the structure of federal executive authorities) The Rosfinmonitoring become subordinate directly to the Government of the Russian Federation.
According to the Decree of the
Location
Rosfinmonitoring is located between the
Directors
- Viktor Zubkov (2001–2007), Head of Committee for Financial Monitoring
- Oleg Markov (2007–2008), Head of Rosfinmonitoring
- Yuri Chikhanchin (Since 2008), Director
See also
- Moneyval – European equivalent
- FINTRAC – Canada's equivalent
- FinCEN – American equivalent
- AUSTRAC– Australian equivalent.
- Egmont Group of Financial Intelligence Units
- Asia/Pacific Group on Money Laundering
- Financial Action Task Force on Money Laundering
References
- RFE/RL.
External links
- Official website (in Russian)
- Банку России нашли надзирателя by Igor Moiseyev, Anna Inozemtseva, Svetlana Dementyeva. Kommersant, February 21, 2007.
- How Putin Uses Money Laundering Charges to Control His Opponents. The Atlantic