Unfortunately we have to establish the fact of living at the peak of economic crime. Thus, as the Economic Security Department MIA RF reports, the number of econimic criminal actions in the first months of 2005 almost reached 80 000. To make use of criminal income the money has to be put into use. So the “derived” crime appears named money laundering.
Banking products and services are used as channels for money laundering. As a result the UniCredit Bank and seven more Russian banks published a joint declaration of principles which serve the base for their counteraction activity to such a tendency. These principles are also included in the “ Policy of UniCredit Bank in the Area of Money Laundering and Terrorism Financing Prevention”.
USA Patriot Act Certification (PDF, 1,4 MB)