ITMCFM hosted a workshop to present Russia’s experience in organizing and implementing AML/CFT internal control by telecom operators.
Among the participants were representatives of financial intelligence units, supervisory authorities and telecom operators of the Eurasian region states: Belarus, Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan and Uzbekistan.
During the workshop, invited speakers from Roskomnadzor (the Federal Service for Supervision of Communications, Information Technology, and Mass Media) and Rosfinmonitoring, representatives of telecom operators of the Russian Federation, shared national experience in the area of AML/CFT control, supervision and compliance with the AML/CFT regime by mobile/landline operators.
Participants also considered the following issues:
- powers of Roskomnadzor and Rosfinmonitoring in supervision over the sector
- suspicious transactions and threshold amounts criteria to transfer funds from one subscriber to another
- minimizing risks and vulnerabilities of the sector
- specific measures taken in relation to risky clients, including when terminating the service contract
- organization of operators’ compliance services
- AML/CFT cooperation of Russian operators with subsidiaries in the CIS member states
