Volume of suspicious transaction with funds abroad for 9M does not exceed $8 bln - Central Bank
MOSCOW. Nov 11 (Interfax) - The volume of suspicious transaction regarding funds abroad for the 9M of this year does not exceed $8 billion, the deputy chair of the Central Bank of Russia, Dmitry Skobelkin, said at the ARB conference on Tuesday.
For the same period of last year the volume of such operations was $23 billion.
The Central Bank is seeing a steady downward trend for funds going abroad as part of suspicious transactions. While this figure was $39 billion in 2012, it fell to $26 billion in 2013.
In addition, several clients are continuing to look for illegal encashment schemes or ways to send funds abroad using precious metals, bonds or even maternity capital, Skobelkin said.
Skobelkin added that the Central Bank's measures have reduced suspicious transactions to sending funds abroad via so-called "Belorussian-Kazakh" schemes to almost nothing. They are currently estimated at around $100 million.
Illegal encashment transactions fell 33.4% in 2013 and 50% year-on-year in H1 2014, Skobelkin said, though he did not say how much these transactions totaled.
