The Central Bank explained the introduction of new rules for controlling cash payments in Russia

“These amendments do not bring any revolutionary changes.

So, the obligation of financial organizations - subjects of execution of "anti-legalization" requirements to submit

information about an exhaustive list of operations

to financial intelligence (Rosfinmonitoring -

)

has not changed

, "RIA Novosti reports.

The Central Bank also stressed that the threshold amounts of the transactions themselves, which are subject to such control, have not changed - "this, as before, is 600 thousand rubles or more, or a settlement transaction in a transaction with real estate in the amount of 3 million rubles or more."

In addition, it is noted that the purpose of the changes is to reduce the burden on financial institutions when informing financial intelligence about transactions subject to mandatory control.

In Russia, on January 10, amendments to the Federal Law “On Combating Legalization of Criminally Obtained Incomes and Financing of Terrorism” entered into force, which strengthen control over Russian cash transactions.

In particular, it introduces mandatory control of postal orders in excess of 100 thousand rubles and refunds from the accounts of telecom operators for the same amount.