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The President approved Concept for Development of National System to Combat Money Laundering and Terrorism Financing

May 30, 2018

The Concept outlines the main risks of combating the legalisation (laundering) of proceeds from criminal activity and the financing of terrorism, as well as the goals and main areas of the development of this national system and the realisation of these goals.

The legal base of this concept comprises the Constitution of Russia, universally recognised norms and principles of international law, international treaties to which Russia is a signatory, federal laws, the National Security Strategy, the Economic Security Strategy until 2030, Presidential executive orders and other enactments regulating activities related to combating the legalisation (laundering) of proceeds from criminal activity and the financing of terrorism.

May 30, 2018