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RESOLUTION OF COUNCIL OF MINISTERS OF THE REPUBLIC OF BELARUS

of November 23, 2016 No. 954

About approval of the Regulations on procedure for suspension and renewal of financial transactions by body of financial monitoring, interaction of body of financial monitoring with persons performing financial transactions

(as amended of the Resolution of Council of Ministers of the Republic of Belarus of 03.11.2021 No. 628)

 Based on the paragraph of the fourth No. 165-Z "About measures for prevention of legalization of income gained in the criminal way of financing of terrorist activities and financing of distribution of weapons of mass destruction" the Council of Ministers of the Republic of Belarus DECIDES: parts one of article 11 of the Law of the Republic of Belarus of June 30, 2014

1. Approve Regulations on procedure for suspension and renewal of financial transactions by body of financial monitoring, interaction of body of financial monitoring with persons performing financial transactions it (is applied).

2. This resolution becomes effective after its official publication.

Prime Minister of the Republic of Belarus

A. Kobyakov

Approved by the Resolution of Council of Ministers of the Republic of Belarus of November 23, 2016 No. 954

Regulations on procedure for suspension and renewal of financial transactions by body of financial monitoring, interaction of body of financial monitoring with persons performing financial transactions

Chapter 1. General provisions

1. This Provision determines procedure for suspension and renewal of financial transactions by body of financial monitoring, interaction of body of financial monitoring with persons performing financial transactions.

2. Interaction of body of financial monitoring with persons performing financial transactions is implemented by means of the direction by body of financial monitoring to persons performing financial transactions, resolutions on suspension of financial transactions, notices on renewal of financial transactions, requests on submission of information and documents (their copies or images created by scanning, either photographic images, or video images (further – images), including in the form of electronic documents *, the necessary for accomplishment tasks and functions assigned to body of financial monitoring, and their execution by persons performing financial transactions.

______________________________

* The term "electronic document" is used in the value determined in article 1 of the Law of the Republic of Belarus of December 28, 2009 No. 113-Z "About the electronic document and the digital signature".

3. Suspension of financial transactions by body of financial monitoring is understood as temporary ban on:

implementation of financial transactions with means of their participants (except for transactions on cash receipt);

the conclusion in writing and (or) agreement performance on implementation of financial transactions;

state registration of real estate, rights to it and transactions with it;

registration of the transaction and making of transactions with securities;

certificate of the transaction;

making of the notarial action relating to financial transactions;

the order, use of means (except for uses of real estate for own needs).

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