On the effectiveness of the national system for combating the legitimization of proceeds of crime and terrorism financing, and its technical compliance with the FATF recommendations
Subject. This article discusses the issues of development of the National System of the Russian Federation for combating laundering of proceeds of crime and the financing of terrorism. Objectives. The article aims to assess the effectiveness of the national anti-money laundering and counter-terrorism financing system and its technical compliance with the FATF recommendations. Methods. For the study, I used analysis, synthesis, comparison, and graphic methods. Results. Based on the analysis of the effectiveness of the National System of the Russian Federation of combating money laundering and terrorist financing, the article proposes the author-developed approach to the graphical presentation of the consolidated ratings of countries published by FATF, which helps percept assessment results in a comprehensive way. Conclusions and Relevance. Focusing on the best international practices taking into account the structural features of Russia's economy and financial system, transition to the digital ruble and application by all subjects of the national anti-money laundering and counter-terrorism financing system of the results of the national money laundering risk assessment will contribute to the stability of Russia's financial and economic systems in the context of the geopolitical crisis. The results obtained can be used by the participants of the national system of anti-money laundering and combating the financing of terrorism in order to improve its efficiency and ensure technical compliance with the FATF recommendations.
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