Photo: Ilya Pitalev / RIA Novosti
The Central Bank is preparing a new mechanism for assessing the reliability of companies, writes owned by Grigory Berezkin RBC. They will be divided into three groups, each of which is assigned its own color.
About the upcoming innovation said the head of the Department of financial monitoring and currency control of the Central Bank Ilya Yasinsky. According to him, the principle of “traffic light” will become a new measure to combat money laundering, more convenient for banks, which now do not have to deny service to bona fide customers.
It is expected that the regulator will monitor the behavior of companies according to the special system to which they will be obliged to connect. This approach will replace the current, under which the Central Bank monitors the payment systems, banks, law enforcement agencies and Rosfinmonitoring.
The platform has already received the preliminary title Know Your Customer (“Know your customer”, KYC), informally participants of the market call its “traffic light”. The Central Bank will analyze the operations of the enterprises, their honesty in paying taxes, as well as reputation and behavior, and depending on these factors to assign one of three colors: red, yellow or green. The first group of participants will be checked especially carefully in real time, the second partial and third in the usual order.
The reason for the development of a new approach led to numerous complaints from banks, which are required to fulfill the requirements of the law on combating money laundering. It provides a list of terms and parameters that suspicious customers get blacklisted and denied service. Often get law-abiding companies and citizens, to the detriment of both themselves and the banks.
Video, photo All from Russia.