The key facts
- Putin spoke on November 5 at the event marking the 25th anniversary of Rosfinmonitoring at the Kremlin Palace
- The president linked the reliability of the financial system to the competitiveness of Russian companies in the global market
- Earlier, in his congratulation, he called the service one of the key structures of the country's economic security
Statement at the 25th anniversary of Rosfinmonitoring
The reliability and security of the financial system directly affect Russia's competitiveness and that of domestic businesses in the global market, said Russian President Vladimir Putin at a ceremonial event marking the 25th anniversary of Rosfinmonitoring, held on November 5 at the State Kremlin Palace. reports his words, citing Life.ru.
What this means in practice
According to the statement, financial security is viewed not only as the protection of monetary transactions, but also as a condition for Russian companies operating abroad and for the country's attractiveness for doing business. For the companies themselves, this means that the status of the national jurisdiction is directly tied to access to the global market — however, according to the publication, no specific measures or decisions were announced in the speech.
Assessment of the service's work
Earlier, Life.ru reportedthat in his congratulation on the service's 25th anniversary, Putin highly praised Rosfinmonitoring's work in combating corruption, money laundering of criminal proceeds, and terrorism financing, calling the agency one of the key structures ensuring the country's economic security. The outlet also reported that the president stated Russia's financial intelligence can operate at the level of the world's best.
