Tag: Rosfinmonitoring

RUSSIALINK: “Russia’s Black Market Totaled 20% of GDP in 2018 – Reports” – Moscow Times

Corruption, Law, Police, Courts, Crime, Economy, Business, Investment, Trade
Hands Opening Envelope Containing Cash

(Moscow Times – themoscowtimes.com – February 22, 2019) The size of Russia’s shadow economy was equal to 20 percent of the GDP last year, media reported Friday, citing the Rosfinmonitoring state financial watchdog. The watchdog recorded 20.7 trillion rubles ($315.9 billion) in undeclared imports and income taxes, as well as under-the-table salaries and other suspicious transactions, in 2018, the RBC […]

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Anti-money-laundering plan to increase Rosfinmonitoring’s role – Transparency International

Corruption, Law, Police, Courts, Crime, Economy, Business, Investment, Trade, Politics, Government, Protests, Elections
Hands Opening Envelope Containing Cash

(Interfax – MOSCOW, June 27, 2013) Yelena Panfilova, the head of the Russian office of Transparency International, sees President Vladimir Putin’s statement on plans to draw up a national anti-money-laundering plan as a sign of strengthening the Financial Monitoring Agency’s (Rosfinmonitoring) functions. “I believed that Rosfinmonitoring had been the one responsible for answering these problems all these years. Rosfinmonitoring does […]

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