Russia: Central Bank Consults on Amendments to Customer Identification by Credit Organisations for AML/CTF Purposes

On June 25, 2019, the Central Bank of the Russian Federation (CBR) published a consultation paper on draft amendments to the Regulation of October 15, 2015 No. 499-P "on customers identification by credit organisations, customer representatives, beneficiaries and beneficial owners in order to counter legalisation (laundering) of proceeds from crime, and the financing of terrorism".

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