Illegal money circulation and new legislative measures to curb financial crimes in the Russian Federation

The article discusses the historical aspects of the emergence of the “black, shadow” economy, illegal trade, and the origin of the term money laundering. Entry into force of 115 Federal Law of the Russian Federation “On combating the legalization (laundering) of proceeds from crime and the financing of terrorism”, Article 174 of the Criminal Code of the Russian Federation “Legalization (laundering) of funds and other property acquired by other persons by criminal means”, as well as Article 187 Criminal Code of the Russian Federation “Illegal circulation of payment funds.” The role of the Federal Service for Financial Monitoring (Rosinfomonitoring) is revealed.