The Central Bank of Russia (CBR), will change the criteria by which banks can block customer accounts due to suspicious transactions, iHodl Russia has learned.
The list has not been changed since 2012. Now it contains more than 100 items.
Under the new amendments, the regulator will begin to block bank accounts related to the trading of virtual assets.
The amendments should "eliminate obsolete and add new schemes for unusual transactions, taking into account the current development of the financial market and the general digitalization of banking services," representatives of the Central Bank said.
It is known that the CBR excluded from the list of suspicious transaction operations with high fees and various types of complex settlements using non-standard schemes. However, if the client refuses a one-time operation or insists on closing the account and withdrawing money after requests from the regulator, this will be considered as the reason for the account banning.
Also, the Central Bank proposes to add to the list of suspicious transactions regular cash withdrawals by individuals if money to the account comes from a legal entity or an individual entrepreneur. This also includes remote operations that are performed from one gadget or from one group of IP addresses on accounts of different companies and individuals.
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