ORDER OF THE GOVERNMENT OF THE RUSSIAN FEDERATION

of May 29, 2014 No. 492

About qualification requirements to the special officials responsible for implementation of rules of internal control, and also requirements to preparation and personnel training, identification of clients, representatives of the client, beneficiaries and beneficial owners for the purpose of counteraction of legalization (washing) of income gained in the criminal way, both to financing of terrorism and 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. The following qualification requirements are imposed to special officials of the organizations performing transactions with money or other property responsible for implementation of rules of internal control:

a) availability of the higher education on the specialties, the directions of preparation relating to the enlarged group of specialties, the directions of preparation "Economy and management", or on the direction of preparation "Law", and in the absence of the specified education - experience of work at least 2 years on the positions connected with fulfillment of duties on counteraction of legalization (washing) of income gained in the criminal way and terrorism financing;

b) passing according to this resolution of training for the purpose of counteraction of legalization (washing) of income gained in the criminal way and to terrorism financing.

2. To the individual entrepreneurs specified in article 5 of the Federal law "About Counteraction of Legalization (Washing) of Income Gained in the Criminal Way and to Terrorism Financing" (further - individual entrepreneurs), and and also the qualification requirements established by the subitem "b" of Item 1 of this resolution are imposed on persons specified in article 7.1 of the Federal law "About Counteraction of Legalization (Washing) of Income Gained in the Criminal Way and to Terrorism Financing" to their workers performing functions of the special official responsible for implementation of rules of internal control.

3. Requirements to preparation and personnel training of the organizations performing transactions with money or other property, the individual entrepreneurs and persons specified in article 7.1 of the Federal law "About Counteraction of Legalization (Washing) of Income Gained in the Criminal Way and to Terrorism Financing", including special officials of the specified organizations, individual entrepreneurs and persons for the purpose of counteraction of legalization (washing) of income gained in the criminal way and to terrorism financing, including conditions and procedure for accreditation of the organizations performing training are established by Federal Service for Financial Monitoring, and regarding the specified requirements to such organizations, individual entrepreneurs in the field of whose activities there are regulatory (supervising) authorities, - in coordination with the relevant regulatory (supervising) organ.

4. Requirements to identification of clients, representatives of the client, beneficiaries and beneficial owners, including taking into account degree (level) of risk of making of suspicious transactions, are established by Federal Service for Financial Monitoring.

5. This resolution does not extend to the credit institutions and not credit financial institutions specified in the paragraph the thirteenth 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".

6. Recognize invalid:

the order of the Government of the Russian Federation of December 5, 2005 No. 715 "About qualification requirements to the special officials responsible for observance of rules of internal control and programs of its implementation, and also requirements to preparation and personnel training, identification of clients, beneficiaries for the purpose of counteraction of legalization (washing) of income gained in the criminal way and to terrorism financing" (The Russian Federation Code, 2005, No. 50, the Art. 5302);

the order of the Government of the Russian Federation of March 17, 2008 No. 180 "About modification of the order of the Government of the Russian Federation of December 5, 2005 No. 715" (The Russian Federation Code, 2008, No. 12, the Art. 1140);

Item of 15 changes which are made to acts of the Government of the Russian Federation, approved by the order of the Government of the Russian Federation of August 26, 2013 No. 739 "About single questions of state regulation, control and supervision in the field of the financial market of the Russian Federation" (The Russian Federation Code, 2013, No. 36, the Art. 4578).

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