Anti-Money Laundering and Combating the Financing of Terrorism in the Banking Sector
The lack of an effective mechanism of combating money laundering is examined. Reviewed and analyzed the legalization of criminal incomes in Russia, which is closely linked to the movement of capital across Russian credit institutions and is reflected in the huge sums of money. The authors conclude that the lack of an effective mechanism to combat this negative social phenomenon necessitates widespread of political extremism and separatism, illegal drugs and psychotropic substances, terrorism and other illegal actions.