Rosfinmonitoring Proposes Temporary Account Blocks for Data Matches
Rosfinmonitoring proposed blocking accounts when client data partially matches data of individuals on the terrorist list...
Consensus
- Rosfinmonitoring has proposed new criteria for blocking bank accounts based on partial data matches with individuals in the terrorist and extremist registry.
- The proposed rule would allow temporary suspension of transactions for five working days if there is a partial match in client data.
- If no extension is approved, the block would be automatically lifted after five working days.
- The criteria for partial matching will be defined by Rosfinmonitoring itself.
- The proposal aims to prevent evasion of sanctions through variations in name spelling.
- As of February 1, 2026, over 800 individuals in the registry had multiple data variants.
- The draft law is under public review, with the discussion ending on September 24.
Points of divergence
- Rosfinmonitoring does not expect a surge in account freezes due to data matching, and emphasizes that the law allows temporary suspension but not outright refusal of operations. — vedomosti
- Experts predict a 20% increase in account blocks, with 90–95% of AML system alerts being false positives due to formal criteria. — vedomosti
- There were 81,200 social media reports about account freezes over two years, with 53,500 in the last year alone. — vedomosti
- The registry includes over 15,000 people, including Pavel Durov, Boris Akunin, and Yekaterina Schulman. — meduza
- Banks must currently freeze funds within one day of identifying a match. — tg_tvrain
Coverage (5 sources)
- Rosfinmonitoring refutes risk of mass account blocks — Ведомости
- Rosfinmonitoring proposes to establish new criteria for blocking accounts. This was reported by Izvestia citing p... — ТАСС (Telegram)
- Rosfinmonitoring proposed blocking bank clients' accounts if their data matches data from the register of terrorists and extremists — Meduza
- Rosfinmonitoring proposed blocking accounts at partial match of client data with data of people from the terrorist list... — Дождь (Telegram)
- Rosfinmonitoring proposes setting new criteria for account blocking. Izvestia reported this based on... — ТАСС (Telegram)