Irina Grekova, Director of the Institute of Compliance and Business Ethics at the School of Economics, “Hitting the Primer”the bank can block customer accounts after receiving a signal from Rosfinmonitoring.
After blocking the account, the client cannot make any transactions with the money until the conditions are clarified and the block is unblocked.
According to Grekova, Rosfinmonitoring sends a signal to the bank that the client’s account should be blocked if they are on the list of organizations and individuals suspected of involvement in extremist activities or terrorism, the proliferation of weapons of mass destruction, or if they exist. It is an interdepartmental coordinating body responsible for combating terrorist financing and has decided to freeze its money or other assets.
In such cases, it is necessary to apply to the court to remove the blocking.
Previously reported About the arrest of 35 accounts of Elena Blinovskaya.