The Federal Financial Monitoring Service (Rosfinmonitoring) is the financial intelligence unit of the Russian Federation.
Rosfinmonitoring is the federal executive agency responsible for combating the legalization (laundering) of criminal proceeds, financing of terrorism and extremist activities and financing of proliferation of weapons of mass destruction; developing the national policies and regulatory/legal framework in this area; coordinating relevant activities of other federal executive bodies, other government authorities and organizations; and acting as a national center for the assessment of national security threats arising from transactions with funds or other assets and developing measures to counter these threats.
The national policy pursued with the aim to further improve the Russian AML/CFT system includes the following areas:
- Developing the legal and regulatory framework and coordinating the efforts of the AML/CFT/CPF stakeholders;
- Pursuing international cooperation and strengthening the global positions of the Russian Federation;
- Collecting and analyzing information;
- Overseeing compliance with the established legal requirements;
- Conducting financial investigations and cooperation with law enforcement agencies;
- Staffing provision and professional training.
The Federal Financial Monitoring Service reports to the President of the Russian Federation.
Rosfinmonitoring operates:
- Directly from main office and (or) through its interregional departments;
In cooperation with other federal executive authorities, executive authorities of the regions of the Russian Federation, local authorities, public associations and organizations.
Emblem and Flag
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Heraldic Symbol - Emblem of the Federal Financial Monitoring Service |
Flag of the Federal Financial Monitoring Service |
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Legal Framework
Federal Law No.115-FZ dated 07.08.2001 (current version of 07.04.2020) «Оn Combating Legalization (Laundering) of Criminal Proceeds and Financing of Terrorism»
Decree No.808 of the President of the Russian Federation dated 13.06.2012 «On Issues Pertaining to the Federal Financial Monitoring Service»
Decree No.636 of the President of the Russian Federation dated 21.05.2012 (current version of 14.09.2018 as amended on 21.01.2020) «On Structure of Federal Executive Authorities»
Decree No.314 of the President of the Russian Federation dated 09.03.2004 (current version of 12.04.2019) «On System and Structure of Federal Executive Authorities»
Organizational Structure of the FIU of the Russian Federation
Headquarters of the Federal Financial Monitoring Service
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Director Yury A. Chikhanchin |
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First Deputy Director Yury F. Korotkiy |
State secretary and Herman Y. Neglyad |
Deputy Director Vladimir I. Glotov |
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Deputy Director Galina V. Bobrysheva |
Deputy Director Oleg V. Krylov |
Deputy Director Ivan A. Kornev |
AML/CFT Activities
Countering Legalization (Laundering) of Criminal Proceeds
The anti-money laundering efforts of Rosfinmonitoring are focused on investigation of economic offences, detection and disruption of dubious financial schemes and criminal financial turnover mechanisms, inter alia, used for legalization of corruption-related proceeds, as well as on development of preventive measures and safeguards.
According to the Federal Law No.115-FZ dated August 7, 2002 «On Combating Legalization (Laundering) of Criminal Proceeds and Financing of Terrorism»:
- Criminal proceeds mean funds or other assets obtained by committing a crime;
- Legalization (laundering) of criminal proceeds means giving legitimate appearance to possession, use and disposal of funds or other assets obtained through crime.
The main tool used by Rosfinmonitoring is a financial investigation which means examination of financial aspects of criminal activity.
The major goal of a financial investigation is to identify and document the movement of funds during the course of criminal activity. The link between the source of origin of funds, beneficiaries, the details of when the money is received, and where it is stored or deposited can provide information about and proof of criminal activity.
Rosfinmonitoring conducts financial investigations with due consideration for the risk areas and sectors of economy, which determine the prioritization of its efforts.
Combating the Financing of Terrorism and Financing of Proliferation of Weapons of Mass Destruction
Timely identification of potential terrorist and extremist financing channels and sources is the important element of the overall anti-terrorism system.
The goal of Rosfinmonitoring is to mitigate the terrorist financing and proliferation financing risks by:
- Improving the CFT legal and regulatory framework;
- Enhancing the effectiveness of interagency information exchange;
- Building the capacity of the system to identify, prevent and disrupt terrorist financing.
Rosfinmonitoring continuously implements a range of measures to detect and disrupt channels of financing of international terrorist organizations (ITOs), and undertakes ongoing efforts to identify individuals travelling to the zones with increased terrorist activity for participation in armed conflicts in the ranks of ITOs, as well as individuals returning back home from these zones.
One of the key elements of functioning of the CFT/CPF system involves compiling the List of organizations and physical persons in relation to which there is evidence of their involvement in extremist activities or terrorism and the List of organizations and physical persons in relation to which there is evidence of their involvement in proliferation of weapons of mass destruction, communicating these Lists to entities engaged in transactions with funds or other assets, and freezing transactions involving these designated entities and individuals.
The comprehensive CFT efforts include active interagency cooperation primarily through various coordination bodies, such as the Security Council of the Russian Federation, the National Anti-Terrorism Committee and different Interagency Working Groups.
Contact Information
Contact Phones:
- +7 (495) 627-33-97–Hotline number for reporting TF instances
- +7 (495) 627-32-43–Helpline number for reporting instances of corruption, infringement on established service rules by Rosfinmonitoring officers and conflict of interests
- +7 (495) 627-32-11–Press-Service
- +7 (495) 627-33-33–Fax
E-mail:
General E-mail: info@fedsfm.ru
Press-Service: pr@fedsfm.ru
Official Website: fedsfm.ru
Address:
Postal Address: 39, Building 1, Myasnitskaya Street, K-450, Moscow, 107450 (entrance from Turgenevskaya or Chistye Prudy metro stations through Academic Sakharov Avenue).
Reception of Correspondence: business days 10.00–12.00 and 14.00–16.00.