On September 25-28, 2017 the 54th Plenary meeting of the Committee of Experts on the Evaluation of Anti-Money Laundering Measures and the Financing of Terrorism - MONEYVAL was held in Strasbourg.

The Russian Federation was represented by the delegation of the Russian Ministry of Foreign Affairs, the Ministry of Finance of Russia, the Federal Security Service of Russia and the Bank of Russia, headed by the Deputy Director of the Federal Financial Monitoring Service of the Russian Federation, Vladimir Glotov.

In 2018-2019 years MONEYVAL, the Financial Action Task Force on Money Laundering (FATF) and the Eurasian group on combating money laundering and financing of terrorism (EAG) will conduct a joint monitoring of the Russian anti-money laundering system. The Russian delegation provided detailed information on the prevention of money laundering and the financing of terrorism in Russia. At the request of the MONEYVAL Secretariat, a presentation was made of the case study which was awarded “Best EGMONT Group Case Award” by the Egmont Group of Financial Intelligence Units for the best financial investigation.

The meeting was also informed about Russian initiatives to combat the terrorist financing in international fora. The need was emphasized to consolidate efforts for the economic blockade of the "Islamic state", "Al-Qaeda" and similar terrorist organisations. The Russian delegation stressed that it is important for the participating states to send updated information on the financing sources and channels of international terrorist groups to the FATF relevant review group. The Russian delegation also reported on the initiative to introduce a trade and economic embargo against territories under the ISIS control. The member-states of MONEYVAL were urged to implement relevant resolutions of the UN Security Council in a comprehensive manner.

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