20TH OSCE ECONOMIC AND ENVIRONMENTAL FORUM EEF.DEL/4/12 FIRST PREPARATORY MEETING 6 February 2012 Vienna, 6-7 February 2012 Session I: Capacity Building - Preventing Money Laundering ENGLISH only and the Financing of Terrorism Russian Federation
RUSSIAN FINANCIAL INTELLIGENCE UNIT
MISSION AND STRUCTURE
Evgeny M. Volovik
Deputy Head, International Cooperation Department, Federal Financial Monitoring Service
Vienna - 2012
THE KEY DATES OF THE RUSSIAN COMPETENT AUTHORITY
2001 Financial Monitoring Committee
2004 Federal Financial Monitoring Service
1 Federal Financial Monitoring Service
•Is an independent executive authority
•The administrative type FIU
•Entitled to exchange information with other financial intelligence units
Structure of the Rosfinmonitoring
Headquarters (manpower 350)
Interregional departments (manpower 300)
2 MISSION
Data collection
Data processing
Data dissemination
Supervision
Coordination
Reporting Entities
Credit institutions
Insurance
Mail service
Equity market
Pawn-shops
Precious metal and jewel dealers
Gambling industry
3 Reporting Entities
Managers of investment funds companies Managers of pension funds companies Advocates
Notaries Mediators in housing market
Lease companies
Auditors
Reporting Entities
Micro financial organizations
Payoff systems operators
Credit cooperatives
The list tends to expand
4 Reporting Entities
30 000 - 50 000 reports per day
Reporting Entities
90%
Banks Others
10%
5 Report Types
Reports generated in the course of mandatory control
Internal control programs’ generated STRs
Credit institutions’ Reports
70%
Mandatory control Internal control
30%
6 Credit institutions’ Reports
9000000
8000000
7000000
6000000
5000000
4000000 Mandatory STR Total
3000000
2000000
1000000
0 2006 2007 2008 2009 2010
Financial Investigations
30000
25000
20000 financial investigations 15000 cases passed to law enforcement 10000 criminal cases initiated 5000
0 2006 2007 2008 2009 2010
7 International Co-operation
Interagency agreements with 56 FIUs signed
International Financial Investigations
500 450 400 350 300 250 International financial 200 Investigations 150 100 50 0 2008 2009 2010
8 International Organizations
FATFFATF Moneyval EAGEAG
ThankThank youyou!!
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