FEDERAL LAW OF THE RUSSIAN FEDERATION

of December 29, 2015 No. 407-FZ

About modification of separate legal acts of the Russian Federation and recognition voided separate provisions of legal acts of the Russian Federation

Accepted by the State Duma on December 18, 2015

Approved by the Federation Council on December 25, 2015

Article 1

Bring in article 7 of the Federal Law of August 7, 2001 No. 115-FZ "About counteraction of legalization (washing) of income gained in the criminal way and to terrorism financing" (The Russian Federation Code, 2001, No. 33, Art. 3418; 2002, No. 44, Art. 4296; 2004, No. 31, Art. 3224; 2006, No. 31, Art. 3446; 2007, No. 16, Art. 1831; No. 49, Art. 6036; 2009, No. 23, Art. 2776; 2010, No. 30, Art. 4007; 2011, No. 27, Art. 3873; No. 46, Art. 6406; 2013, No. 26, Art. 3207; No. 52, Art. 6968; 2014, No. 19, Art. 2315; No. 23, Art. 2934; No. 30, Art. 4219; 2015, No. 1, Art. 37; No. 18, Art. 2614; No. 24, Art. 3367; No. 27, Art. 3945, 4001) following changes:

To add 1) with Items 1.5-2 and 1.5-3 of the following content:

"1.5-2. The credit institution, microfinance company has the right to charge based on the agreement of credit institution carrying out identification or the simplified identification of the client - physical person, and also identification of the representative of the client, the beneficiary and the beneficial owner for the purpose of the conclusion with the specified client of the agreement of consumer loan (loan) granted to the client - to physical person by means of money transfer according to the legislation on national payment system.

1.5-3. Requirements to credit institutions to which carrying out identification or the simplified identification according to Item 1.5-2 of this Article can be entrusted are established by the Bank of Russia in coordination with authorized body. The Bank of Russia in coordination with authorized body establishes requirements to microfinance companies which according to Item 1.5-2 of this Article can charge to credit institutions carrying out identification or the simplified identification.";

Disclaimer! This text was translated by AI translator and is not a valid juridical document. No warranty. No claim. More info