The regulator will start asking banks for data on all money transfers between individuals.
The Russian financial regulator has sent banks a new reporting form regarding money transfers of citizens.
According to the updated documents, the Bank of Russia will request information on all transfers between individuals, including the personal data of the sender and recipient.
According to experts, such a measure is necessary to combat illegal online casinos, crypto exchangers and businesses that accept payments for personal cards.
RBC writes about this with reference to three sources in the payment market.
As Oleg Mashtalyar, Deputy Head of the Board of Sovcombank, told the publication, the Central Bank of the Russian Federation will begin such monitoring as early as January 1, 2022.
The main goal innovations will be the optimization of data provided by banks, as well as obtaining up-to-date information on payments.
The information will be used for market analysis.
According to the clarifications, the reporting will include all incoming and outgoing transfers between individuals :
- from card to card;
- from account to account;
- from e-wallet to e-wallet, from card to wallet and vice versa;
- from the account of a subscriber of a telecom operator to a wallet or card and back;
- payments through the Fast Payment System;
- cross-border transfers by individuals;
- money transfers without opening an account, including through payment terminals;
- transfers of an individual between their own accounts in one bank;
- transfers through money transfer systems, for example Western Union, CONTACT.
Requests will begin to form for all transfers within a certain time period.
In some cases, the regulator will be able to receive information on specific operations.
The Central Bank of the Russian Federation notes that over 9 months of the outgoing year, Russians have transferred about 42.5 trillion rubles to each other by cards. About 8.5 billion transactions were made.
Most of all, Sberbank is present on the market in this regard, through which more than 0.8 billion transfers worth 4.7 trillion rubles have been made since the beginning of 2021.
According to experts, such monitoring by the Central Bank of the Russian Federation is aimed at to track suspicious transactions, which include:
- An unusually large number of individuals as both payers and recipients of funds (more than 10 per day and more than 50 per month).
- An unusually large number of transactions for crediting and withdrawing funds (more than 30 transactions per day).
- Significant volumes of transactions for debiting and crediting funds between individuals (more than 100 thousand rubles per day, more than 1 million rubles per month).
- The card or wallet is not used to pay for goods or services.
Later, the situation was commented on in the Bank of Russia itself.
As reported by TASS, citing a source of the regulator, the Central Bank of the Russian Federation is not going to introduce new reporting for banks to control the operations of individuals, but the work carried out by the regulator does not imply total control.
& # 8220; We plan to collect anonymized data from those banks that provide p2p payment services only if there is a risk of using their platforms for illegal online casino operations and bookmakers & # 8221 ;, & # 8211; explained in the Bank of Russia.
Earlier, TopNews wrote that the tax office began to track data on the accounts of Russians.
According to experts, innovations will hit the pockets of self-employed citizens.
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