KnE Social Sciences

Published date: Feb 15 2018

Journal Title: KnE Social Sciences

Issue title: III Network AML/CFT Institute International Scientific and Research Conference "FinTech and RegTech"

Pages: 139-145

DOI: 10.18502/kss.v3i2.1535

Chikhanchin Y.A.ifes@mephi.ru1 PhD in Economics, Honored Economist of the Russian Federation, Director of Federal Financial Monitoring Service. National Research Nuclear University MEPhI (Moscow Engineering Physics Institute), Kashirskoe shosse 31, Moscow, 115409

The article covers the key approaches to definition of such terms as financial and regulative technologies (FinTech and RegTech). Among them we can distinguish blockchain, cryptocurrencies and electronic payment services, methods of remote customer identification and elaboration of their financial behavior profiles. However, it should be noted that new technologies carry a number of financial risks primarily related to cybercrime. It complicates the financial monitoring experts’ work. One of the measures, designed to respond to emerging threats, the author considers the training system of highly qualified personnel and research in the AML/CFT area. The article gives a brief overview of this field’s evolution in the Eurasian region.

[1] THE FATF laundering and combating the financing of terrorism and RECOMMENDATIONS. The international anti-money proliferation http://www.fatf gafi.org/publications/fatfrecommendations/documents/fatf-recommendations.html


[2] Program «Digital Economics of the Russian Federation» [Electronic resource]. URL: http://static.government.ru/media/files/ 9gFM4FHj4PsB79I5v7yLVuPgu4bvR7M0.pdf (AML/CFT) standards. [Electronic resource]. URL:


[3] [Electronic resource]. URL: https://www.rbc.ru/technology_and_media/11/07/ 2017/596373db9a79471158fa3188