13.02.2024 | News
Banking Control 2024: Business Overview

BGP Litigation's Dispute Resolution and Bankruptcy Practice together with Alena Orlova, Leading Counsel of Sinara-Development and member of the National Compliance Association, prepared an analytical review "Banking Control 2024".

The material provides a detailed review of the rights granted by the Anti-Money Laundering Law, as well as clarifies the rules for applying bank control measures, including rehabilitation procedures - these topics are particularly relevant for the business community in 2024.

The Anti-Money Laundering Law is based on numerous references and additional regulations developed by the Central Bank and Rosfinmonitoring (Federal Service for Financial Monitoring of the Russian Federation). This significant amount of information includes information letters, recommendations of the Central Bank and orders of Rosfinmonitoring - the nuances of which can be difficult for even a lawyer to understand. However, having mastered the legal mechanism described in this review, entrepreneurs will be able to ensure the safety of their business within the framework of control provided for by the anti-money laundering law and avoid abuses on the part of banks.

A preview of the material is available here. For the full version of the file, please follow the link.