FSB and the Ministry of Internal Affairs of Russia will be able to decide on the blocking of Russian money transfers for ten days. And they can do it without a court decision. The bill with relevant changes has developed Rosfinmonitoring.
As explained in the explanatory note to the bill, these changes were required, since accounts or electronic wallets were used to commit a number of crimes, open for a short period of time on the ducts.
What will the accounts block?
The document creates that the translations from maps and electronic wallets will be blocked if the operations are performed in order to pay for narcotic drugs, financing terrorism and extremist activities. Also, the document states that the decision can be accepted “in cases that do not endure declaration, and in the presence of sufficient information” On the use of funds for organizing a rally.
In the explanatory note, the document states that the extrajudicial blocking of operations will be valid only 10 days, “since the suspension of operations entails the restriction of the rights of citizens related to the use and disposal by their funds.” After this period, the blocking can continue to operate, but only by court decision.
Signs of illegal operations
The main criterion of illegal money transfer will be “possible harm, the likelihood of the occurrence of socially dangerous consequences of unlawful acts.” It is reported by RBC with reference to the press service of the Rosfinmonitoring.
Emergency situations include preparing for the commitment of a terrorist act or sales of a large batch of drugs.
Blocking mechanism
The decision on blocking operations will be able to accept the heads of the Federal Security Service, Ministry of Internal Affairs and the Federal Service for Financial Monitoring, as well as their deputies and individual leaders of the territorial units of the specified departments.
It is clarified that during the day the security forces will have to transmit messages about the blocking of the General Prosecutor’s Office. The agency will be able to challenge the decision to block operations if it was taken with a violation of legislation. The term of consideration of such a protest is 48 hours.
To block operations or its cancellation of the FSB, the Ministry of Internal Affairs or Rosfinmonitoring will have to transmit their decisions into banks. This mechanism will work by analogy with the provision of a list of organizations and individuals in respect of which there are information about their involvement in extremist activity or terrorism, to block cash or other property.