Access to International Law Enforcement
We commit to implement bilateral arrangements that will ensure law enforcement and financial intelligence units in one partner country has full and effective access to the beneficial ownership information of companies incorporated in the other partner country.
Country: Russia
Status: no data
Themes: Beneficial ownership
Last updated: December 2020
Classification:
Concrete: Concrete | New: New | Ambitious: Ambitious
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11 Evidence:
Law ratifying Russian-Nigerian agreement on mutual legal assistance in criminal matters
Russian Federation ratifies the Second Additional Protocol to the European Convention on Mutual Assistance in Criminal Matters
Treaty between the US and Russia on Mutual Legal Assistance in Criminal Matters
Law ratifying Russian-Namibian treaty on mutual legal assistance in criminal matters
Federal tax service continues to exclude countries from its blacklist as making agreements to exchange tax info
Tax officers learned about foreign accounts and assets of Russians in 58 countries
Russia is part of the Global Forum on Transparency and the Exchange of Information for Tax Purposes
New Beneficial Ownership Toolkit will help tax administrations tackle tax evasion more effectively
British Tax Havens to Share Data With Russian Authorities
the Council of Europe Convention on Laundering, Search, Seizure and Confiscation of the Proceeds from Crime and on the Financing of Terrorism
SIGNATORIES OF THE MULTILATERAL COMPETENT AUTHORITY AGREEMENT ON THE EXCHANGE OF COUNTRY-BY-COUNTRY REPORTS (CbC MCAA) AND SIGNING DATES:
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6 Notes:
Russia is a party to the Council of Europe Convention on Laundering, Search, Seizure and Confiscation of the Proceeds from Crime and on the Financing of Terrorism. Article 7 of this Convention states that Party shall adopt such legislative and other measures as may be necessary to enable it to determine whether a natural or legal person is a holder or beneficial owner of one or more accounts, of whatever nature, in any bank located in its territory and, if so obtain all of the details of the identified accounts. Despite the fact that the treaty was ratified in 2017, and entered into force in 2018, there is no public evidence that law enforcement agencies and financial intelligence units collect and share Beneficial Ownership information. In addition, despite having a number of MLA agreements, and requests, it is not clear whether these have resulted in the sharing of beneficial ownership information. Despite Russia’s participation in a number of exchange agreements, such the ones highlighted in the evidence, there is still lack of transparent implementation and enforcement.
Peer reviewer: 1
Updated: October 31, 2020
Russia has recently ratified the Second Additional Protocol to the European Convention on Mutual Assistance in Criminal Matters and they also have a treaty with the US. Russia also has an MLA with Namibia, and very recently, Russia signed an MLA agreement with Nigeria. However, ratification does not mean implementation, so it is important to continue monitoring the enforcement of these MLAs, to ensure they actually support on sharing of Beneficial Ownership information and asset recovery.
Peer reviewer: 1
Updated: April 30, 2020
No evidence of any news on the committment; the competent authority did not respond to information request
Updated: October 30, 2019
Automatic tax info exchange is proceeding.
Updated: May 30, 2019
Federal tax service continues to exclude countries from its blacklist as making agreements to exchange tax info
Updated: October 30, 2018