Rus News Journal

The Central Bank of the Russian Federation has withdrawn licences at 14 banks for money-laundering

Bank of Russia last year has withdrawn 14 licences for realisation of bank activity in connection with infringement of the law on washing up of the incomes received by a criminal way (115 - j the federal law). The vice-president of the Central Bank Victor Melnikov has informed On it to journalists.
the official has noticed that in 2004 there were only 2 similar cases of licence withdrawal. In 2005 there were 165 cases of imposing by Bank of Russia of an interdiction for some kinds of operations of commercial banks (in 2004. - 71) and 253 penalties (in 2004. - 105). In total for last year the Central Bank of the Russian Federation 875 checks of commercial banks regarding performance 115 - go FZ (about the money-laundering, received by a criminal way) have been spent.
the Vice-president of the Central bank has informed that in April, 2007 in Russia there will pass check of the International group on struggle against financial crimes (FATF). As he said, it will be spent in selective banks.
for today FATF recommended to all countries participating in struggle against criminal washing up of incomes, to bring in the legislation about 40 norms regulating work of banks regarding washing up of incomes. For example, according to V.Melnikova, norm about granting of the credit organisation of the right to refuse opening of the account to the client without assigning any reasons and norm about change of the documents accompanying payments. On the payment document the name and requisites of the initial payer should remain. At present any of recommended FATF 40 norms is not brought in the Russian legislation.
V.Melnikov has underlined that the Bank of Russia supports the initiative of Vneshtorgbanka which have organised club of banks which are ready to support high standards of supervision of washing up of the incomes received by an illegal way.
we Will add that this year for infringement of the law on washing up of criminal incomes of licences are deprived three capital banks. It Roskomveteranbank Open Society IKB the Capital capital and Open Company KB ZHilstrojekonombank . Also the Central Bank has stopped activity of two regional credit organisations - Open Society Commercial bank Orion (Yaroslavl) and at Open Company KB Galichkombank (the Kostroma region, Galich). In all above-stated banks the acting administration is appointed.