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Auditors may be compelled to file AML reports on their clients’ suspicious transactions

DATE: April 25, 2017 | AUTHOR: atlawyers

On March 28, 2017, the Government of the Russian Federation introduced to the State Duma a bill requiring audit organizations and individual auditors to notify the Federal Service for Financial Monitoring on their clients’ transactions, if there are grounds to believe that they may be carried out for that reason of money laundering.

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