Analyzing Russian compliance with anti-money laundering and combating the financing of terrorism, insider trading and anti-corruption laws. Issue 4 (4th November 2014)

• Record Type: Journal Article
• Authors: Shalimova, Maria
• Is Part Of: Journal of financial regulation and compliance. Volume 22:Issue 4(2014)
• Page Start: 318
• Page End: 327
• Publication Date: 2014-11-04
• Subjects: Financial institutions -- Law and legislation -- Periodicals; Banking law -- Periodicals; Financial services industry -- State supervision -- Periodicals; Banks and banking -- State supervision -- Periodicals; Independent regulatory commissions -- Periodicals; 346.082
• DOI: 10.1108/JFRC-09-2013-0031
• Languages: English
• ISSNs: 1358-1988

Abstract

<abstract> <title> <x content-type="archive" xml:space="preserve">Abstract</x> </title> <sec> <title content-type="abstract-heading">Purpose</title> <p> – The purpose of this study is provide a critical overview of compliance with anti-money laundering and combating the financing of terrorism, insider trading and anti-corruption laws in Russia. </p> </sec> <sec> <title content-type="abstract-heading">Design/methodology/approach</title> <p> – The mixed approach for this article will be used with some elements of grounded theory. The method used includes the following: observations, various interviews and analysis of legal documents and other primary sources. </p> </sec> <sec> <title content-type="abstract-heading">Findings</title> <p> – Russian regulatory compliance has a tremendous pressure and significant challenges for both regulators and regulated banks and organizations. It is a moment when Russia could become a more developed country and play a bigger role in international arena or come back to the past time. </p> </sec> <sec> <title content-type="abstract-heading">Originality/value</title> <p> – The article is based on my practical experience and PhD research observations.</p> </sec> </abstract>