Head of Monitoring Rospinchikanchin to Putin: In developing the money laundering prohibition system together with our colleagues, money laundering prohibition system participants, banks, law enforcement authorities, control and supervision authorities and the central bank, first of all, we began to understand that we need some kind of coordination center that will see these risks and jointly develop measures. Under your guidance, we launched a national center for risk assessment, which is updated every year. The development of the system allowed us to solve a number of other issues, and above all, you gave instructions for building a monitoring mechanism for the expenditures of the budget funds. It was a new direction, and first a banking support mechanism was launched, followed by treasury support. I can say that this year alone, based on the criteria and criteria worked out jointly with the Ministry of Finance and law enforcement agencies, about 390 billion rubles were suspended and not used for targeted expenses. This is serious big money.

Head of Monitoring Rospinchikanchin to Putin: In developing the money laundering prohibition system together with our colleagues, money laundering prohibition system participants, banks, law enforcement authorities, control and supervision authorities and the central bank, first of all, we began to understand that we need some kind of coordination center that will see these risks and jointly develop measures. Under your guidance, we launched a national center for risk assessment, which is updated every year. The development of the system allowed us to solve a number of other issues, and above all, you gave instructions for building a monitoring mechanism for the expenditures of the budget funds. It was a new direction, and first a banking support mechanism was launched, followed by treasury support. I can say that this year alone, based on the criteria and criteria worked out jointly with the Ministry of Finance and law enforcement agencies, about 390 billion rubles were suspended and not used for targeted expenses. This is serious big money.