Improving information exchange in the system of combating legalization of criminal proceeds and financing of terrorism

Abstract

The article examines the shortcomings of the information-sharing mechanism between the main entities of initial financial monitoring - credit institutions and Rosfinmonitoring, proposed measures on improvement of interaction between them in order to improve the efficiency of the system of combating money laundering and the financing of terrorism.

Keywords

• financial monitoring
• credit institution
• rosfinmonitoring
• suspicious activity