Implementation of FATF rules regarding virtual assets in the Russian Federation

Abstract

The article is devoted to the analysis of the implementation of FATF standards in relation to virtual assets (hereinafter referred to as VA) in the Russian Federation. The author examines the norms of international and Russian law, as well as the prospects for further combating the laundering of proceeds from crime, the financing of terrorism, and the financing of the proliferation of weapons of mass destruction (hereinafter referred to as AML/CFT/WMD). Particular attention is paid to virtual asset service providers (hereinafter referred to as VASPs).