Advanced Search

On Introducing Changes And Additions Into The Legislative Acts Of The Russian Federation In Connection With Adoption Of The Federal Law "on Counteracting The Legalization (Laundering) Of Proceeds Received By Criminal Way"

Original Language Title: О внесении изменений и дополнений в законодательные акты Российской Федерации в связи с принятием Федерального закона "О противодействии легализации (отмыванию) доходов, полученных преступным путем"

Subscribe to a Global-Regulation Premium Membership Today!

Key Benefits:

Subscribe Now for only USD$40 per month.
RUSSIAN FEDERATION FEDERAL LAW On introducing modifications and additions to the Russian Federation's legislative acts in connection with the adoption of Federal Law "About countering legalization (laundering) Proceeds of Crime " Adopted by the State Duma on 14 July 2001 Approved by the Federation Council on 20 July 2001 Article 1. OF THE PRESIDENT OF THE RUSSIAN FEDERATION 2954; 1998, N 26, est. 3012; 1999, N 28, sect. 3491) the following changes and additions: 1. Article 174 as follows: " Article 174. The legalization (laundering) of money or of other property acquired by other persons by criminal means 1. Financial transactions and other transactions involving funds or other assets known to be acquired by other persons in a large extent (excluding offences under articles 193, 194, 198 and 199 of the present Constitution) Code), in order to give a lawful form of possession, use and disposal of specified funds or other property- shall be liable to a fine ranging from five hundred to seven hundred times the minimum wage or in the amount of or other income of the sentenced person for a period of five to seven months, or shall be punished by imprisonment for the term of up to five years with a fine of up to 100 times the minimum wage or salary or other income of the convicted person for a period of up to one month. 2. The same acts committed by: (a) by a group of persons by prior conspiracy; b) repeatedly; in) persons using their official position,- shall be punished by imprisonment for a term of four to five years; 8 years with or without confiscation of property. 3. The acts referred to in paragraphs 1 or 2 of this article by an organized group- shall be punishable by deprivation of liberty for a period of between 7 and 10 years, with or without confiscation of property. Note: Financial transactions and other transactions involving a large amount of money or other property shall be deemed to be financial transactions and other transactions involving moneys or other property committed in the amount of, exceeding two thousand minimum wage levels. ". 2. Supplement article 174-1 as follows: " Article 174-1. The legalization (laundering) of money or of other property acquired by the person in 1. Financial transactions and other transactions with money or other property acquired by a person as a result of committing a crime (excluding the offences under articles 193, 194, 198 and 199) of this Code), or the use of such means or other property to carry out an entrepreneurial or other economic activity- shall be punishable by a fine of between seven hundred and one thousand times the minimum wage; or other income of the sentenced person, from 6 to 10 months or up to five years ' imprisonment with a fine of up to one hundred minimum wages or in the amount of wages or other income of the convicted person for a period of up to one month. 2. The same acts committed by: (a) by a group of persons by prior conspiracy; b); (c) by the use of their official position,- shall be punished by imprisonment for a term of five to five years; 8 years with or without confiscation of property. 3. The acts referred to in paragraphs 1 or 2 of this article by an organized group- shall be punishable by deprivation of liberty for a period of between 10 and 15 years, with or without confiscation of property. Note: Financial transactions and other transactions involving a large amount of money or other property shall be deemed to be financial transactions and other transactions involving moneys or other property committed in the amount of, exceeding two thousand minimum wage levels. ". 3. Article 183 should read: " Article 183. Illegal receipt and disclosure of information constituting a commercial, tax or bank secret 1. Collection of information constituting commercial, tax or bank secrecy, by kidnapping documents, bribing or threatening, and other illegal means- is punishable by a fine of between 100 and 200 times the minimum wage. Labour or other income of the convicted person for a period of between one and two months or a term of imprisonment of up to two years. 2. Unlawful disclosure or use of information constituting commercial, tax or bank secrecy, without the consent of the owner of the person to whom she has been entrusted or has become known for service or work,- shall be liable to a fine in the case of shall be punished by imprisonment for the term of up to three years or imprisonment for the term of up to three years. 3. The same acts that cause major damage or are motivated by vested interests- are punishable by a fine of 200 to 500 times the minimum wage, with disqualification to hold certain positions, or shall be engaged in certain activities for up to five years or imprisonment for a term of up to five years. 4. The acts referred to in paragraphs 2 or 3 of this article, resulting in serious consequences- shall be punished by imprisonment for up to ten years. ". Article 2. Amend the federal law dated 22 April 1996 N 39-FZ " On the securities market " (Russian Federation Law Assembly, 1996, N 17, p. The following additions: 1. In article 42: to supplement the new paragraph 11 with the following: " 11) in order to counter the legalization (laundering) of proceeds of crime, controls the conduct of cash or other transactions. property committed by professional participants in the securities market; "; Paragraphs 11 to 21 as paragraphs 12 to 22, respectively. 2. Article 44, paragraph 4, should read: " 4) in case of repeated violation of the securities market by professional participants in the securities market of the securities market of the Russian Federation Suspension or cancellation of the licence to carry out professional activities in the securities market. Immediately upon the entry into force of the decision of the Federal Commission to suspend the licence, the public authority which issued the licence must take corrective action or revoke the licence; Repeated violation within one year by the professional participants of the securities market of claims under articles 6 and 7 (with the exception of article 7, paragraph 3) of the Federal Act on countering the legalization (laundering) of income, by criminal means ", to decide to revoke the licence Professional activities in the securities market; ". Article 3. To amend the Federal Law "On Banks and Banking Activities" (in the wording of the Federal Law of 3 February 1996 No. 17-FZ) (Statements of Congress People's deputies of the RSFSR and the Supreme Soviet of the RSFSR, 1990, N 27, art. 357; Legislative Assembly of the Russian Federation, 1996, No. 6, art. 492; 2001, N 26, est. 2586) the following changes and additions: 1. Paragraph 6 of article 20, paragraph 6, after the words "provided by the Federal Law" On the Central Bank of the Russian Federation (the Central Bank of the Russian Federation) "shall be supplemented with the words" and repeated violations within one year of the requirements of article 6 and 7 (except article 7, paragraph 3) of the Federal Act on countering the legalization (laundering) of proceeds of crime. 2. In article 26: add a new fifth of the following content: " Information on the operations of legal persons, citizens who engage in business without the entity of a legal entity, and natural persons is granted by the credit institution to the authorized body, implementing measures to counteract the legalization (laundering) of proceeds of crime, in the cases, order and scope provided by the Federal Law " On Counteraction of the legalization (laundering) of proceeds of crime. " Part five and six shall be considered as parts of the sixth and seventh parts respectively; to supplement part eight with the following: " The authorized body for measures to counteract the legalization (laundering) of proceeds, by criminal means, it is not possible to disclose to third parties the information received from credit organizations under the Federal Act "On combating the legalization (laundering) of proceeds of crime", except in cases of provided for by the Federal Act. "; part The seventh is to be considered as part of the ninth and after the words "audit and other organizations", respectively, to be supplemented by the words ", the authorized body conducting the measures to counteract the legalization (laundering) of proceeds of crime". Article 4. This Federal Act shall enter into force on 1 February 2002. President of the Russian Federation Vladimir Putin Moscow, Kremlin 7 August 2001 N 121-FZ