Translation. Region: Russian Federation –
Source: Central Bank of Russia
An important disclaimer is at the bottom of this article.
These materials will help entrepreneurs understand the reasons for such restrictions, allowing them to resolve problems more quickly and avoid them in the future.
New version recommendations takes into account recent legislative changes. For example, the section on anti-money laundering legislation (No. 115-FZ) has been supplemented with information on how to appeal a high risk level assigned only by the Bank of Russia platform. Know Your CustomerRecommendations for possible actions are also provided if a business encounters restrictions related to cybersecurity (No. 161-FZ), tax, and customs legislation.
The materials provide step-by-step instructions on what to do in any given situation, and include templates for applications to the Bank of Russia's Interdepartmental Commission, which reviews appeals under the anti-money laundering law.
The recommendations were prepared with the participation of Rosfinmonitoring, the Federal Customs Service, business associations, and the banking community.
Preview photo: Gorodenkoff / Shutterstock / Fotodom
Please note: This information is raw content obtained directly from the source. It represents an accurate account of the source's assertions and does not necessarily reflect the position of MIL-OSI or its clients.