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Amendments to law on lotteries and law on state regulation of organising gambling

July 20, 2020

Vladimir Putin signed the Federal Law On Introducing Amendments to Article 131 of the Federal Law on Lotteries, Article 6 of the Federal Law On State Regulation of Activities to Organise and Conduct Gambling, and Amending Certain Legislative Acts of the Russian Federation.

The Federal Law was developed to align the Russian laws regulating activities to organise and conduct gambling and lotteries with the Concept to develop a national system to counter the legalisation (laundering) of criminal proceeds and the financing of terrorism, as well as recommendations of the Financial Action Task Force on Money Laundering (FATF).

July 20, 2020