The Financial Action Task Force (FATF), an inter-governmental anti money laundering body, plans to carry out a large-scale check on the Russian banking system in April 2007, Russian Central Bank deputy chairman Viktor Melnikov said earlier this week.
Melnikov said that although Russia is a member of FATF, it still had to add a several legislative several norms, promoted by the organisation. These included the right of credit organisations to deny clients the opening of accounts. The FATF beli
Back to Top