ORDER OF THE GOVERNMENT OF THE RUSSIAN FEDERATION

of June 30, 2012 No. 667

About approval of requirements to the rules of internal control developed by the organizations performing transactions with money or other property, and individual entrepreneurs, and about recognition voided some acts of the Government of the Russian Federation

According to the Federal Law "About Counteraction of Legalization (Washing) of Income Gained in the Criminal Way and to Terrorism Financing" Government of the Russian Federation decides:

1. Approve the enclosed requirements to the rules of internal control developed by the organizations performing transactions with money or other property, and individual entrepreneurs.

2. Determine that the rules of internal control existing before entry into force of this resolution are subject to reduction by the organizations performing transactions with money or other property (except for credit institutions), in compliance with the requirements approved by this resolution within one month.

3. Recognize invalid:

the order of the Government of the Russian Federation of January 8, 2003 N 6 "About approval procedure of rules of internal control in the organizations performing transactions with money or other property" (The Russian Federation Code, 2003, N 2, the Art. 188);

item 4 of changes which are made to acts of the Government of the Russian Federation concerning counteraction of legalization (washing) of the income gained in the criminal way, and to financing of terrorism approved by the order of the Government of the Russian Federation of October 24, 2005 N 638 (The Russian Federation Code, 2005, N 44, by the Art. 4562);

Approved by the Order of the Government of the Russian Federation of June 30, 2012 No. 667

Requirements to the rules of internal control developed by the organizations performing transactions with money or other property, and individual entrepreneurs

1. This document determines requirements imposed in case of development by the organizations performing transactions with money or other property, except for the credit institutions and not credit financial credit institutions specified in paragraph eleven of Item 2 of article 7 of the Federal law "About Counteraction of Legalization (Washing) of Income Gained in the Criminal Way and to Terrorism Financing" (further respectively - the organizations, the Federal Law), and also the individual entrepreneurs performing buying up, purchase and sale of precious metals and gemstones, jewelry from them and scrap of such products and the individual entrepreneurs rendering intermediary services when implementing transactions of purchase and sale of real estate (further - individual entrepreneurs), rules of the internal control exercised for the purpose of counteraction of legalization (washing) of income gained in the criminal way to financing of terrorism and financing of distribution of weapons of mass destruction (further - rules of internal control).

Paragraph two of ceased to be valid

1(1). The head of the organization and the individual entrepreneur provide control of compliance of the applied rules of internal control to requirements of the legislation of the Russian Federation.

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