Putin called for tightening the supervision of suspicious financial transactions Russian President Vladimir Putin called for tightening the supervision of suspicious financial transactions in the market. He stated this at a festive event dedicated to the 25th anniversary of the Federal Financial Monitoring Service. "There is a need to simultaneously simplify procedures for bona fide market participants. And at the same time tighten the supervision of suspicious transactions," Putin said. The head of state called for improving the work of Rosfinmonitoring and continuing the technological modernization of the department. He said threats often originate outside of Russia, and criminal groups and foreign intelligence services use various mechanisms, including cryptocurrencies and other means of payment, to cover dubious payments. Putin noted that they are also trying to involve young people in criminal activity.

Putin called for tightening the supervision of suspicious financial transactions Russian President Vladimir Putin called for tightening the supervision of suspicious financial transactions in the market. He stated this at a festive event dedicated to the 25th anniversary of the Federal Financial Monitoring Service. "There is a need to simultaneously simplify procedures for bona fide market participants. And at the same time tighten the supervision of suspicious transactions," Putin said. The head of state called for improving the work of Rosfinmonitoring and continuing the technological modernization of the department. He said threats often originate outside of Russia, and criminal groups and foreign intelligence services use various mechanisms, including cryptocurrencies and other means of payment, to cover dubious payments. Putin noted that they are also trying to involve young people in criminal activity.