Which transactions will be monitored:

• Cash withdrawals / deposits in excess of RUB 600,000 (for accounts of legal entities). This was already the case before, but not for all types of transactions — now all such transactions must be reported.
  
  
  
  

• All real estate transactions in excess of RUB 3 million. Previously, only transactions involving a transfer of title (for example, sale and purchase) were monitored. Now all transactions above RUB 3 million will be subject to control, including leases.
  
  
  
  

• Any transactions involving digital financial assets (there was no such requirement before).
  
  
  
  

• Transactions involving the crediting / debiting of funds in connection with leasing payments in excess of RUB 600,000 (this was also not previously covered), as well as a number of other transactions.

At the same time, the previously reportable transaction involving the transfer of funds abroad to an account opened for an anonymous owner, and the receipt of funds from abroad from an account opened for an anonymous owner, is no longer subject to control.

The amendments were adopted to Federal Law No. 115-FZ of August 7, 2001, “On Countering the Legalization (Laundering) of Criminally Obtained Proceeds and the Financing of Terrorism” (Federal Law No. 208-FZ of 13.07.2020).

Their main purpose is to verify and confirm the source of income — whether it was obtained lawfully and whether taxes were paid on it. At the same time, the amendment removing mandatory control over the receipt / transfer of funds to anonymous accounts abroad clearly stands apart from the general trend toward tighter oversight of money flows.