Countering the legalization of proceeds from crime: current issues

This scientific article examines the problems of countering the legalization (laundering) of assets that were obtained illegally. The legalization of assets that were acquired illegally poses a real threat to sustainable development and law and order in the country. The final result of the legalization of assets obtained from illegal activities is legal status. This scientific article examines the problems of the legalization (laundering) of funds that were obtained illegally. To achieve the results of the scientific research, an analysis of the legislation of the Russian Federation for 2023 was carried out, which were aimed at reducing risks in the field of countering money laundering and financial support for terrorism. To assess the effectiveness of the AML/CFT system, indicators have been compiled that can be used in the development of a system of financial security indicators. During the research, actual problems were identified in terms of controlling the counteraction to the legalization (laundering) of assets obtained from illegal activities (lack of legislation, weak staff qualifications, various technical limitations, gaps in cooperation, cross-border transactions, incomplete transparency of the financial system, tactics of evading control and tax payments), and measures were drawn up that are focused on countering legalization of illegally obtained income.