MOSCOW, April 20. /TASS/. Russia’s financial watchdog, Rosfinmonitoring, is introducing control over banking operations involving 41 countries, the Izvestia newspaper reported on Monday, citing the respective letter of the federal service.
The banks are to immediately inform the Federal Financial Monitoring Service (Rosfinmonitoring) about the operations of their clients, both individuals and companies, who are the residents of the US, Canada, the EU (28 countries), Australia, Norway, Iran, Syria, Sudan, New Zealand, Argentina, Mexico, Switzerland, North Korea and Jamaica.
If a bank neglects the demand, then its actions will be regarded as the violation of the Russian federal law "On Countering Legalization (Laundering) of Proceeds of Crime and Financing of Terrorism."
In case of the violation of the law, a bank could face revocation of its license. According to Rosfinmonitoring logics, the banks are to assess the operations involving the residents of countries from the new list as "doubtful," the report says.
A source close to Rosfinmonitoring told the newspaper that the new list has been compiled "in accordance with the current political and economic situation in the world and in Russia."
Rosfinmonitoring also has the blacklists of terrorists and extremists.