DOCSLIB.ORG

Rosfinmonitoring

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Rosfinmonitoring ROSFINMONITORING ROSFINMONITORING ACTIVITY REPORT 2014 Moscow, 2015 INTRODUCTION In the context of the international direct executor (or co-executor) and a political and economic environment coordinator of the country’s AML/CFT existing in 2014, the risks and threats faced activities. by the national anti-money laundering The main attention was dedicated to the system remained consistently high, both consistent implementation of a risk-based at the international and domestic levels. approach, updating Rosfinmonitoring’s The efforts of Rosfinmonitoring’s goals and objectives and performance structural units and its regional offices assessment. last year were dedicated to addressing Looking back at the achievements the priority tasks identified by the of the Russian AML/CFT system in 2014 President of the Russian Federation and in general and of Rosfinmonitoring in ensuring compliance with international particular, we can say with certainty that regulations. In addressing the above we have succeeded in addressing many of challenges, the Russian Financial the challenges related to the fight against Intelligence Unit acted both as a money laundering and terrorist financing. Rosfinmonitoring’s Performance Highlights 2014 Returned to the budget 285 bn RUR Seized assets 10 bn RUR Assessed additional taxes 6.5 bn RUR Illegal encashment centers whose 90 bn RUR activities were terminated Illegal encashment centers whose 68 bn RUR activities were suspended ROSFINMONITORING Activity Report 2014 3 I. RISK-BASED APPROACH The revised FATF Recommendations, threats, their identification, as well released in February 2012, identified risk as the development of appropriate assessment and a risk-based approach as countermeasures. Concentration of essential elements of the fight against efforts on the key «areas of special money laundering and terrorist financing. attention» enables countries and AML/ This resulted in a significant tightening of CFT system participants to allocate criteria for assessing national anti-money their resources more effectively and laundering systems and effectiveness of efficiently. the AML/CFT efforts. The key requirement Rosfinmonitoring’s key task for 2014 of the international regulations now is to was to ensure the use of a risk-based show practical results. approach in all areas of its activity. A risk-based approach provides for the ranking and forecasting of CHALLENGES & THREATS The AML/CFT system in general and the should deal with such manifestations Financial Intelligence Unit in particular will face in 2015 new challenges, which in the same way we deal with terrorist will define our work priorities. It is the financing. In this context, I instruct the work aimed at eliminating these threats Ministry of Defense, Rosfinmonitoring through coordinated interagency work and other concerned agencies to develop that should be at the heart of our joint action plan both at the federal and a system of tough operational control regional level. over the use of resources from state • Combating the misuse of public defense orders. This system should funds and development of mechanisms operate along the entire supply chain. to improve the effectiveness of budget Additionally, tougher penalties should spending, including during the be imposed on those in charge of federal implementation of investment projects defense contracts implementation for and programs. The urgency of addressing these misspending every budget ruble». challenges was highlighted by Russian • Control over defense procurement. President V. Putin in his annual address to • Ensuring transparency of the financial the Federal Assembly in December 2014. system and curbing foreign currency V. Putin: «Inappropriate use or speculations. embezzlement of budget allocations for • Implementation of measures aimed at implementing the tax amnesty state defense orders should be considered and deoffshorization. Introduction of a direct blow to national security. We amendments to the Russian law that would 4 ROSFINMONITORING Activity Report 2014 allow voluntary disclosure of assets owned currency speculations. by individuals. The work in this area should • Countering the black market and illegal be carried out in such a way as to avoid the outflow of capital abroad. risk of international sanctions. • Sectoral and regional risks. • Ensuring transparency of the financial system and curbing foreign II. NATIONAL ANTI-MONEY LAUNDERING SYSTEM The joint efforts of all national AML • Regulation system participants allowed us to • Prevention achieve significant results in 2014. • Suppression Among the 3 key factors contriduting to this success were: Key Elements of Russia’s Anti-Money Laundering System Regulation Prevention Suppression • 115-FZ • Timely notification of • Closed over 15 • 134-FZ the CB and government encashment centers • 110-FZ authorities with operations worth • 173-FZ • Consideration over 90bn RUR of issues by IWG, IC, • Frozen accounts and • 376-FZ committees and expert assets of over 1,500 • 403-FZ groups of the federal persons linked terrorism • 213-FZ, etc. and national levels Reduction in the volume of dubious transactions – by 100% Reduction in the volume of illegal encashment transactions – by 50% Reduction in the volume of fund transfers to overseas jurisdictions – by 70% ROSFINMONITORING Activity Report 2014 5 STATUTORY REGULATION The most obvious result of is the adoption regulations and draft Rosfinmonitoring’s standard-settingregulations designed to establish legal activity aimed at mitigating money framework for ML/FT risk mitigation. laundering and terrorist financing risks Key Risk Sectors INTERNATIONAL LEGAL RISKS FINANCIAL INSTITUTION-RELATED RISKS BUDGET RISKS ECONOMIC SECTOR/INDUSTRY-RELATED RISKS REGIONAL RISKS TERRORIST AND EXTREMIST FINANCING RISKS REGULATION IN THE INTERNATIONAL LEGAL SECTOR Federal Law No. 173-FZ of June Under FATCA, «foreign financial 28, 2014 «Concerning the specifics institutions» are required to report to the of conducting financial transactions U.S. tax authority information about U.S. with foreign nationals and legal accounts, including accounts of certain entities, amendments to the Russian foreign entities with substantial U.S. Code of Administrative Offences and ownership. invalidation of certain provisions of Russian financial institutions failing Russian legislative acts» to register until May 5, 2014 on the U.S. In 2010 the U.S. adopted the Foreign Internal Revenue Service website for the Account Tax Compliance Act (FATCA), purpose of entering into an agreement whose purpose is to improve tax with the IRS will, starting July 1, 2014, collection and tighten financial sector face a 30% withholding on payments controls not only in the territory of the of U.S. income made to their accounts, U.S. but also abroad. or the closure of their accounts in U.S. 6 ROSFINMONITORING Activity Report 2014 financial institutions as well as in financial out transactions and terminate the contract institutions of other countries complying with him unilaterally. The customer’s with FATCA. consent to the transfer of information to a According to Federal Law No. foreign tax authority also constitutes his 173-FZ, Russian financial institutions consent to the transfer of information to the may transfer information to a foreign tax competent authorities (Rosfinmonitoring, authority only with the consent of the non- the Bank of Russia and the Russian Federal resident customer. However, in the case of Tax Service). non-cooperation, they can refuse to carry REGULATION CONCERNING ACTIVITIES OF FINANCIAL INSTITUTIONS Federal Law No. 461-FZ of December Federal Law No. 484-FZ of December 29, 2014 «Concerning the introduction of 29, 2014 «Concerning the introduction amendments to certain legislative acts of amendments to certain legislative of the Russian Federation» expanded the acts of the Russian Federation» made list of entities covered by Federal Law No. it mandatory for persons providing 115-FZ of August 7, 2001 «On combating services related to organized trading money laundering and terrorist financing» in commodity and (or) financial (hereinafter «Federal Law No. 115-FZ») markets, as well as persons entitled to to include communications service provide clearing services, to submit providers occupying a senior position in to Rosfinmonitoring upon request a public communication network who information on traders and their are entitled to independently provide customers. data communication services and who provide services under contracts with individual subscribers. REGULATION IN THE PUBLIC SECTOR AND INDUSTRY-SPECIFIC SEGMENTS OF THE ECONOMY Federal Law No. 213-FZ of July 21, certain legislative acts of the Russian 2014 «Concerning the opening of bank Federation» assigned transactions accounts and letters of credit and the relating to adding/withdrawing funds conclusion of bank deposit agreements to accounts/letters credit of business by business companies which are of entities of strategic importance for strategic significance for the defense the defense industry complex and the security of the Russian Federation, as industry complex and the security of well as companies under their direct or the Russian Federation and concerning indirect control, to transactions subject the introduction of amendments to ROSFINMONITORING Activity Report 2014 7 to mandatory control. notify Rosfinmonitoring of any opening, Federal Law No. 213-FZ also amended closing, changing the details of accounts the Administrative Offenses Code of and covered
Load more

Recommended publications
  • Russland–Analysen
    www.laender-analysen.de/russland Nr. 403 | 08.06.2021 Russland–Analysen • Duma-Wahlen • Repressionen ■ KOMMENTAR Schrumpfende Freiräume für Russlands Medien 25 Die Duma-Wahlen 2021: Hochmut kommt vor dem Fall – oder doch Esther Somfalvy (Forschungsstelle Osteuropa an der Universität nicht? 2 Bremen) Boris Ginzburg und Alexander Libman (Freie Universität Berlin) Russland drosselte Twitter, um Inhalte zu zensieren 27 Informationskriege, Oppositionskoordination und die Dumawahl Natalia Krapiva (Access Now) im Jahr 2021 4 ■ Regina Smyth (Indiana University und Woodrow Wilson Center, DEKODER »Hätten wir eine andere Wahl gehabt? Nein.« 30 Washington D.C.) Konstantin Gaase und Leonid Wolkow Wird das Putin-Regime überleben? 6 ■ DOKUMENTATION Andreas Heinemann-Grüder (Universität Bonn) Repressive Gesetze, die von Wladimir Putin am 30. Dezember 2020 Vorbereitung auf die Parlamentswahlen 2021 8 unterzeichnet wurden 35 Andrei Semenov (Zentrum für vergleichende Geschichts- und Politische Strafverfahren nach den Protesten im Januar 2021 37 Politikwissenschaft, Staatliche Universität Perm) April-Chronik der Repressionen: Der Journalist Ilja Asar hat Buch geführt 40 Vor den Dumawahlen weitet Russland die elektronische Überblick: Hochverrat, Spionage und Staatsgeheimnisse 47 Stimmabgabe aus – warum und mit welchen potenziellen Folgen? 10 »Haben Sie Angst vor…?« Umfrageergebnisse Stas Gorelik (George Washington-Universität, Washington D.C. / des Lewada-Zentrums 48 Forschungsstelle Osteuropa, Bremen) Teilnehmende an den Protesten aus Solidarität mit Alexej
    [Show full text]
  • Russia in Figures. 2017: Statistical Handbook/Rosstat - M., 2017 - 511 P
    FEDERAL STATE STATISTICS SERVICE (Rosstat) RUSSIA IN FIGURES 2017 STATISTICAL HANDBOOK Moscow 2017 UDK 31(470) Editorial Board: A. Surinov - Chairman of the Editorial Board E. Baranov, N. Bugakova, M. Gelvanovsky, L. Gokhberg, S. Egorenko, V. Elizarov, V. Zhitkov, Yu. Ivanov, A. Kevesh, A. Kosarev, K. Laikam, I. Masakova, V. Nesterov, G. Oksenoit, O. Rybak, B. Ryabushkin, A. Tatarinov, A. Khoroshilov Russia in Figures. 2017: Statistical Handbook/Rosstat - M., 2017 - 511 p. ISBN 978-5-89476-436-8 The handbook contains information on the social and eco- nomic situation of Russia in 2016 as compared with the previous years. It presents data characterizing the state structure of the Russian Federation, production and use of the Gross Domestic Product. Information is published on the population, its employ- ment and money incomes. The handbook highlights problems of social field, results of R&D work and innovation activities, fin- ances, investments, prices and tariffs. Some materials are dedi- cated to situation in organizations of different economic activi- ties. Reflected are the external economic activities of the Rus- sian Federation. Selected international comparisons are also given. The handbook is intended for managerial personnel, man- agers and employees of enterprises and organizations, scientif- ic, entrepreneurial and banking circles, professors and lecturers, under-graduate and post-graduate students of higher economic education institutions and other users. UDK 31(470) ISBN 978-5-89476-436-8 Federal State Statistics Service, 2017 E-mail: [email protected] http://www.gks.ru PREFACE The concise statistical handbook comprises main indicators cha- racterizing socio-economic situation of Russia in 2016 as compared with a number of previous years.
    [Show full text]
  • COMMISSION DECISION of 21 December 2005 Amending for The
    L 340/70EN Official Journal of the European Union 23.12.2005 COMMISSION DECISION of 21 December 2005 amending for the second time Decision 2005/693/EC concerning certain protection measures in relation to avian influenza in Russia (notified under document number C(2005) 5563) (Text with EEA relevance) (2005/933/EC) THE COMMISSION OF THE EUROPEAN COMMUNITIES, cessed parts of feathers from those regions of Russia listed in Annex I to that Decision. Having regard to the Treaty establishing the European Community, (3) Outbreaks of avian influenza continue to occur in certain parts of Russia and it is therefore necessary to prolong the measures provided for in Decision 2005/693/EC. The Decision can however be reviewed before this date depending on information supplied by the competent Having regard to Council Directive 91/496/EEC of 15 July 1991 veterinary authorities of Russia. laying down the principles governing the organisation of veterinary checks on animals entering the Community from third countries and amending Directives 89/662/EEC, 90/425/EEC and 90/675/EEC (1), and in particular Article 18(7) thereof, (4) The outbreaks in the European part of Russia have all occurred in the central area and no outbreaks have occurred in the northern regions. It is therefore no longer necessary to continue the suspension of imports of unprocessed feathers and parts of feathers from the Having regard to Council Directive 97/78/EC of 18 December latter. 1997 laying down the principles governing the organisation of veterinary checks on products entering the Community from third countries (2), and in particular Article 22 (6) thereof, (5) Decision 2005/693/EC should therefore be amended accordingly.
    [Show full text]
  • Russian Federation State Actors of Protection
    European Asylum Support Office EASO Country of Origin Information Report Russian Federation State Actors of Protection March 2017 SUPPORT IS OUR MISSION European Asylum Support Office EASO Country of Origin Information Report Russian Federation State Actors of Protection March 2017 Europe Direct is a service to help you find answers to your questions about the European Union. Free phone number (*): 00 800 6 7 8 9 10 11 (*) Certain mobile telephone operators do not allow access to 00800 numbers or these calls may be billed. More information on the European Union is available on the Internet (http://europa.eu). Print ISBN 978-92-9494-372-9 doi: 10.2847/502403 BZ-04-17-273-EN-C PDF ISBN 978-92-9494-373-6 doi: 10.2847/265043 BZ-04-17-273-EN-C © European Asylum Support Office 2017 Cover photo credit: JessAerons – Istockphoto.com Neither EASO nor any person acting on its behalf may be held responsible for the use which may be made of the information contained herein. EASO Country of Origin Report: Russian Federation – State Actors of Protection — 3 Acknowledgments EASO would like to acknowledge the following national COI units and asylum and migration departments as the co-authors of this report: Belgium, Cedoca (Center for Documentation and Research), Office of the Commissioner General for Refugees and Stateless Persons Poland, Country of Origin Information Unit, Department for Refugee Procedures, Office for Foreigners Sweden, Lifos, Centre for Country of Origin Information and Analysis, Swedish Migration Agency Norway, Landinfo, Country of
    [Show full text]
  • Typologies of the Use of Preventive Measures of Financial Institutions for Crime Detection and Risk Assessment
    ЕВРАЗИЙСКАЯ ГРУППА по противодействию легализации преступных доходов и финансированию терроризма EURASIAN GROUP on combating money laundering and financing of terrorism EAG TYPOLOGY PROJECT TYPOLOGIES OF THE USE OF PREVENTIVE MEASURES OF FINANCIAL INSTITUTIONS FOR CRIME DETECTION AND RISK ASSESSMENT TYPOLOGICAL STUDY REPORT 2021 Contents General ....................................................................................................................... 3 Preventive Measures and Suspicious Transaction Reporting in the EAG members 3 Approaches Used by FIUs for Analyzing Incoming STRs and Service Denial Reports ....................................................................................................................... 9 Feedback on STRs ................................................................................................... 16 Trends and risks in the spread of COVID-19 .......................................................... 21 Impact of COVID-19 on AML/CFT supervisory activities and implementation of preventive measures ................................................................................................ 24 Summary of recommendations following the results of the study: ......................... 26 General Application by entities engaged in transactions with funds or other assets of preventive measures as well as identification of suspicious transactions and submission of suspicious transaction reports (STRs) to the financial investigation units (FIUs) is one of the most important measures aimed
    [Show full text]
  • RUSSIA INTELLIGENCE Politics & Government
    N°66 - November 22 2007 Published every two weeks / International Edition CONTENTS KREMLIN P. 1-4 Politics & Government c KREMLIN The highly-orchestrated launching into orbit cThe highly-orchestrated launching into orbit of of the «national leader» the «national leader» Only a few days away from the legislative elections, the political climate in Russia grew particu- STORCHAK AFFAIR larly heavy with the announcement of the arrest of the assistant to the Finance minister Alexey Ku- c Kudrin in the line of fire of drin (read page 2). Sergey Storchak is accused of attempting to divert several dozen million dol- the Patrushev-Sechin clan lars in connection with the settlement of the Algerian debt to Russia. The clan wars in the close DUMA guard of Vladimir Putin which confront the Igor Sechin/Nikolay Patrushev duo against a compet- cUnited Russia, electoral ing «Petersburg» group based around Viktor Cherkesov, overflows the limits of the «power struc- home for Russia’s big ture» where it was contained up until now to affect the entire Russian political power complex. business WAR OF THE SERVICES The electoral campaign itself is unfolding without too much tension, involving men, parties, fac- cThe KGB old guard appeals for calm tions that support President Putin. They are no longer legislative elections but a sort of plebicite campaign, to which the Russian president lends himself without excessive good humour. The objec- PROFILE cValentina Matvienko, the tive is not even to know if the presidential party United Russia will be victorious, but if the final score “czarina” of Saint Petersburg passes the 60% threshhold.
    [Show full text]
  • 78 Ukrainian Population of Crimea in 1989-2014: Specifics
    ISSN 2414-1143 Научный альманах стран Причерноморья. 2021. Том 26. № 2 DOI 10.23947/2414-1143-2021-26-2-78-84 UDC 39:314 UKRAINIAN POPULATION OF CRIMEA IN 1989-2014: SPECIFICS OF DEMOGRAPHIC TRANSFORMATIONS1 Dmitry I. Uznarodov Federal Research Centre the Southern Scientific Centre of the Russian Academy of Sciences, Rostov-on-Don, Russian Federation [email protected] The specificity of the demographic transformations of the Ukrainian population of Crimea in the period from 1989 to 2014 is considered. Based on the analysis of the population censuses of 1989, 2001 and 2014, demo- graphic changes within the Ukrainian ethnos are revealed during two periods: from 1989 to 2001 and from 2001 to 2014. The analysis of changes in the number of the Ukrainian ethnic group in the context of the municipalities of the Crimean Peninsula is carried out. It is concluded that the percentage of the Ukrainian ethnic group in the struc- ture of the population of the Crimean Peninsula, which we could observe in the period from 1989 to 2001, was formed as a result of the policy of resettlement of citizens to this region in the late 1940-s and early 1950-s from various republics of the Soviet Union, mainly the RSFSR and the Ukrainian SSR. It is noted that the regions with the maximum number of the Ukrainian ethnic group are historically located in the northern regions of the Crimean Peninsula, and with the smallest – in the southern regions. The study showed that changes in the ethnic structure began to occur after the events of 2014 and the entry of Crimea into the Russian Federation, when, according to the 2014 population census, the number of Ukrainians in the republic, compared to 2001, decreased by almost 9%.
    [Show full text]
  • Theoretical and Analytical Aspects of Formation of Risk-Oriented Approach to Evaluation and Ranking of the Level Region's Econ
    ISSN 0798 1015 HOME Revista ÍNDICES / Index A LOS AUTORES / To the ESPACIOS ! ! AUTHORS ! Vol. 39 (Number 28) Year 2018 • Page 14 Theoretical and Analytical Aspects of Formation of Risk-Oriented Approach to Evaluation and Ranking of the Level Region’s Economic Security Aspectos teóricos y analíticos de la Formación con Enfoque Orientado al Riesgo para la evaluación y clasificación de la Seguridad Económica Regional Elena KARANINA 1; Ekaterina SAPOZHNIKOVA 2; Olesya RYAZANOVA 3; Svetlana GRIN 4 Received: 16/02/2018 • Approved: 25/03/2018 Content 1. Introduction 2. Materials and methods 3. Results 4. Discussion 5. Conclusions Acknowledgments References ABSTRACT: RESUMEN: Economic security is one of the most important La seguridad económica es una de las direcciones más directions of provision of national security of the importantes de proporcionar seguridad nacional state. The article presents a complex methodology of estatal. El artículo presenta una metodología compleja diagnostics of the state of Russia’s regions’ economic de diagnóstico del estado de la seguridad económica security on the basis of risk-oriented approach. Within de las regiones de Rusia sobre la base de un enfoque the presented methodology, the level of economic orientado al riesgo. Dentro de la metodología security of the subjects of the RF is determined in presentada, el nivel de seguridad económica de los view of four categories of threats: protection of sujetos de la RF se determina en vista de cuatro economic system, competitiveness, sustainability, and categorías de amenazas: protección del sistema economic independence of regions; also, territories’ económico, competitividad, sostenibilidad e ranking is performed. Application of this methodology independencia económica de las regiones; también, lies in the system of strategic managerial decisions for se realiza el ranking de los territorios.
    [Show full text]
  • List of Persons and Entities Under EU Restrictive Measures Over the Territorial Integrity of Ukraine
    dhdsh PRESS Council of the European Union EN 1st December 2014 List of persons and entities under EU restrictive measures over the territorial integrity of Ukraine List of persons N. Name Identifying Reasons Date of information listing 1. Sergey Valeryevich d.o.b. 26.11.1972 Aksyonov was elected “Prime Minister of Crimea” in the Crimean Verkhovna Rada on 27 17.3.2014 Aksyonov February 2014 in the presence of pro-Russian gunmen. His “election” was decreed unconstitutional by Oleksandr Turchynov on 1 March. He actively lobbied for the “referendum” of 16 March 2014. 2. Vladimir Andreevich d.o.b. 19.03.1967 As speaker of the Supreme Council of the Autonomous Republic of Crimea, Konstantinov 17.3.2014 Konstantinov played a relevant role in the decisions taken by the Verkhovna Rada concerning the “referendum” against territorial integrity of Ukraine and called on voters to cast votes in favour of Crimean Independence. 3. Rustam Ilmirovich d.o.b. 15.08.1976 As Deputy Chairman of the Council of Ministers of Crimea, Temirgaliev played a relevant role 17.3.2014 Temirgaliev in the decisions taken by the Verkhovna Rada concerning the “referendum” against territorial integrity of Ukraine. He lobbied actively for integration of Crimea into the Russian Federation. 4. Deniz Valentinovich d.o.b. 15.07.1974 Berezovskiy was appointed commander of the Ukrainian Navy on 1 March 2014 and swore an 17.3.2014 Berezovskiy oath to the Crimean armed force, thereby breaking his oath. The Prosecutor-General’s Office of Ukraine launched an investigation against him for high treason.
    [Show full text]
  • List of Credit Institutions with Appointed Authorised Representatives of the Bank of Russia | Банк России
    ул. Неглинная, 12, Москва, 107016 8 800 300-30-00 www.cbr.ru Новости List of credit institutions with appointed authorised representatives of the Bank of Russia 19 апреля 2017 года Пресс-релиз Authorised representatives of the Bank of Russia, acting in compliance with Article 76 of Federal Law No. 86-FZ, dated 10 July 2002, ‘On the Central Bank of the Russian Federation (Bank of Russia)’ and Article 7 of Federal Law No. 37-FZ, dated 2 April 2014, ‘On the Specifics of the Functioning of the Republic of Crimea’s and the Federal City of Sevastopol’s Financial System in the Transition Period’, were approved to 146 credit institutions as of 1 April 2017. No. List of credit institutions with appointed authorised representatives of the Bank of Russia Reg. No. The Central Federal District Moscow and the Moscow Region 1. JSC UniCredit Bank 1 2. JSC JSCB CentroCredit Bank 121 3. JSC RN Bank 170 4. LLC Home Credit and Finance Bank 316 5. PJSC B&N BANK 323 6. GAZPROMBANK (JSC) 354 7. INTERPROGRESSBANK (JSC) 600 8. PJSC Pochta Bank 650 9. PJSC BANK JUGRA 880 10. PJSC MIN BANK 912 11. VTB Bank (PJSC) 1000 12. PJSC Plus Bank 1189 13. JSC Sobinbank 1317 14. JSC ALFA-BANK 1326 15. Vozrozhdenie Bank (PJSC) 1439 16. PJSC JSCB Sviaz-Bank 1470 17. PJSC Sberbank 1481 18. JSCIB OBRAZOVANIE (JSC) 1521 19. VTB 24 (PJSC) 1623 20. SDM-Bank (PJSC) 1637 21. PJSC MOSOBLBANK 1751 22. JSCB FORA-BANK (JSC) 1885 23. JSCB Lanta-Bank (JSC) 1920 24.
    [Show full text]
  • Financial Flows Linked to the Production and Trafficking of Afghan Opiates
    FATF REPORT Financial flows linked to the production and trafficking of Afghan opiates June 2014 FINANCIAL ACTION TASK FORCE The Financial Action Task Force (FATF) is an independent inter-governmental body that develops and promotes policies to protect the global financial system against money laundering, terrorist financing and the financing of proliferation of weapons of mass destruction. The FATF Recommendations are recognised as the global anti-money laundering (AML) and counter-terrorist financing (CFT) standard. For more information about the FATF, please visit the website: www.fatf-gafi.org © 2014 FATF/OECD. All rights reserved. No reproduction or translation of this publication may be made without prior written permission. Applications for such permission, for all or part of this publication, should be made to the FATF Secretariat, 2 rue André Pascal 75775 Paris Cedex 16, France (fax: +33 1 44 30 61 37 or e-mail: [email protected]). Photocredits coverphoto: United Nations Photo UNODC Zalmai FINANCIAL FLOWS LINKED TO THE PRODUCTION AND TRAFFICKING OF AFGHAN OPIATES CONTENTS ACRONYMS ......................................................................................................................................... 2 KEY FINDINGS ..................................................................................................................................... 3 Observations ......................................................................................................................................... 3 Considerations
    [Show full text]
  • Russian Government Continues to Support Cattle Sector
    THIS REPORT CONTAINS ASSESSMENTS OF COMMODITY AND TRADE ISSUES MADE BY USDA STAFF AND NOT NECESSARILY STATEMENTS OF OFFICIAL U.S. GOVERNMENT POLICY Voluntary - Public Date: 6/17/2013 GAIN Report Number: RS1335 Russian Federation Post: Moscow Russian Government Continues to Support Cattle Sector Report Categories: Livestock and Products Policy and Program Announcements Agricultural Situation Approved By: Holly Higgins Prepared By: FAS/Moscow Staff Report Highlights: Russia’s live animal imports have soared in recent years, as the Federal Government has supported the rebuilding of the beef and cattle sector in Russia. This sector had been in continual decline since the break-up of the Soviet Union, but imports of breeding stock have resulted in a number of modern ranches. The Russian Federal and oblast governments offer a series of support programs meant to stimulate livestock development in the Russian Federation over the next seven years which are funded at hundreds of billions of Russian rubles (almost $10 billion). These programs are expected to lead to a recovery of the cattle industry. Monies have been allocated for both new construction and modernization of old livestock farms, purchase of domestic and imported of high quality breeding dairy and beef cattle, semen and embryos; all of which should have a direct and favorable impact on livestock genetic exports to Russia through 2020. General Information: Trade Russia’s live animal imports have soared in recent years, as the Federal Government has supported the rebuilding of the beef and cattle sector in Russia. This sector has been in decline since the break-up of the Soviet Union, but imports of breeding stock have resulted in a number of modern ranches which are expected to lead to a recovery of the cattle industry.
    [Show full text]