AGREEMENT BETWEEN DEPARTMENT OF FINANCIAL MONITORING OF THE STATE CONTROL COMMITTEE OF THE REPUBLIC OF BELARUS AND FEDERAL SERVICE FOR FINANCIAL MONITORING (RUSSIAN FEDERATION)

of January 22, 2016

About interaction in the field of counteraction of legalization (washing) of income gained in the criminal way and to terrorism financing

The department of financial monitoring of the State Control Committee of the Republic of Belarus and Federal Service for Financial Monitoring (Russian Federation) which are hereinafter referred to as with the Parties

being guided by mutual interests in the field of counteraction of legalization (washing) of income gained in the criminal way and to terrorism financing, and also the criminal activities connected with it,

in view of need of implementation of cooperation most in an efficient manner,

agreed as follows:

Article 1

The parties perform interaction, including information exchange, according to provisions of this agreement, being effective within the competence with compliance with law and the international obligations of each of the states of the Parties.

Article 2

The parties perform interaction, including information exchange, at stages of collection, processing and analysis of information on transactions which is at their disposal with money or other property concerning which there are suspicions that they are connected with legalization (washing) of income gained in the criminal way, financing of terrorism and the criminal activities connected with it and also interaction on exchange of information about activities of the physical persons and legal entities participating in making of these transactions.

Article 3

1. Exchange of information is performed in writing, including as agreed by the parties by means of use of technical means of transfer of the text, on initiative or based on requests of the Parties.

2. The request includes:

a) the name of the requesting Party;

b) name of the required Party;

c) summary of being of request and its reasons (if the request is urgent, the requesting Party shall prove need of urgent request);

d) description of contents of required information;

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