Monitoring of the Federal Legislation dated 2.11.2001

Decree of the President of the Russian Federation No. 1263 of November 1, 2001 on the Authorized Body in Charge of the Counteraction Against Legalization (Laundering) of Incomes Obtained in a Criminal Way

Forms the Committee of the Russian Federation for Financial Monitoring subordinate to the Ministry of Finance of the Russian Federation. The Committee shall be the federal body of executive power authorized to take measures against the legalization (laundering) of incomes obtained in a criminal way and coordinating the activities in this sphere of other federal bodies of executive power.
The Committee shall be entitled to send information to the law enforcement bodies in compliance with their sphere of reference if there are reasons to suspect that an operation or deal pertains to the legalization (laundering) of incomes obtained in a criminal way. The Committee shall also be in charge of the collection, processing and analysis of information on operations with monetary resources or other property subject to control.
The Bank of Russia shall set forth within three months the procedure of presenting information and documents by credit organizations to the Committee to implement its tasks. The same time limit is fixed to define the procedure of sending requests by the Committee to the organizations engaged in operations with monetary resources or other property.
The Decree is entered into force from the day of its official publication.

Decision of the Government of the Russian Federation No. 745 of October 25, 2001 on the Endorsement of the Tied Federal Program "Creation of the Automatic System of Keeping the State Land Cadastre and the State Records of Objects of Immovable Property (Years 2002-2007)"

Envisages the creation of the uniform system of state registration of immovable property containing the lists of the objects of registration and information on them and providing information to the public. It is also planned to create automatic databases on state cadastral registration of land plots of all forms of ownership and their associated objects of immovable property subject to registration. Implementation of the given measures will permit to create a convenient system of management of immovable property, reformation and regulation of the land and property relations and is also expected to increase the receipts from the land tax and rent for the land.