The number of one-day firms in Russia increased sharply 07:39

The launch of “Know Your Customer” (KYC) from the Central Bank of the anti-money laundering platform has caused the number of front companies to start increasing sharply in Russia. About 1,000 such companies are opened every day, which is 15% higher than before the launch of this service. About this RBC declaration Ilya Yasinsky, Director of the Department of Financial Monitoring and Currency Control at the Bank of Russia.

“The first step of our competitors is the sharp increase in the number of newly registered legal entities. About 1,000 new legal entities are registered every day, and according to our estimates, this is about 15% more than before the launch of the KYC platform,” said Yasinsky.

According to him, most of these new companies are technical. In other words, they serve to integrate into the system. At the same time, about 500 such companies are detected per day and immediately enter the red zone (the red zone is the highest-risk group, which is most closely monitored). At the same time, before the launch of the platform, banks could refuse to serve technical companies, but this happened in manual mode. Everything is done automatically now.

Market experts evaluated that one-day firms may become rare in the future due to the new mechanism of the Central Bank. However, it should not be forgotten that an effective mechanism should be established to appeal the erroneous decisions attributed to the high-risk group. At the same time, there should be no moratorium on the creation of new companies, as it is almost impossible to leave it after only being on this list once.

January 18, agency TASS cites a study by the audit and advisory network FinExpertiza reportedLast year, 242.1 thousand new companies were opened in Russia. At the same time, 280.2 thousand commercial enterprises were closed. Thus, the number of closed companies exceeded the number of opened companies by 38.1 thousand or 13.6%.