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Amendments to the Law on Countering the Legalisation of Criminal Proceeds and the Funding of Terrorism

December 29, 2022

The President signed the Federal Law On Amendments to Article 6 of the Federal Law On Countering the Legalisation (Laundering) of Criminal Proceeds and the Funding of Terrorism.

The amendments expand the list of companies and individuals known to be engaged in extremist activity or terrorism to include: individuals listed as defendants in an investigator’s resolution, designated as suspects in a procedural decision, or found guilty by a court of law of committing at least one of the crimes under the following articles of the Criminal Code of the Russian Federation: sabotage, abetting sabotage, training to carry out sabotage, and forming and participating in an organisation to carry out sabotage.

The inclusion of said persons on this list will require Rosmonitoring to monitor their financial and property transactions.

December 29, 2022