Question at hand
Gladkikh A.A. —
To the question on legal position of credit organizations as subjects of financial monitoring
// Financial Law and Management.
– 2019. – № 2.
– P. 1 - 9.
DOI: 10.7256/2454-0765.2019.2.33854 URL: https://en. nbpublish.com/library_read_article.php?id=33854
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The subject of this research is the legislation on counteraction of laundering of profits gained through illegal means and financing of terrorism, set for credit organizations, banks and banking activity, as well as state development corporation “VEB.RF”. The object of this research is the legal relations that form in the process of fulfillment of AML (Anti-Money Laundering) requirements for credit organizations. The author explores the question of correlation of the subjects of financial monitoring in the aspect of authority and responsibilities imposed on the agents by the legislation. Separate attention is given to studying the special role of credit organizations among agents of financial monitoring. The author examines the content of the concept of “credit organization” from the perspective of AML legislation. A conclusion is made on the special role of credit organization within the AML system that is justified by the specificity of their activity due to authority and the role of financial monitors of other groups of agents that are unique by comparison to other agents. It is noted that the current legal regulation on counteraction of laundering of profits gained through illegal means and financing of terrorism forms the understanding of the term “credit organization” in this sphere as a group of subjects that incorporates credit organizations in the meaning set by the federal law “On Banks and Banking” and the state development corporation “VEB.RF” in carrying out operation characterized as banking.
subjects of financial monitoring, financial intelligence, financial monitoring, VEB RF, state corporation, credit institutions, AML, credentials, internal control, subjects