PARIS, May 15 (RIA Novosti) - Licenses of a dozen Russian banks can be cancelled for illegal activities, like it happened to Sodbiznesbank, head of the federal financial monitoring service Viktor Zubkov told RIA Novosti. He was taking part in the FATF session at the ministerial level in Paris.
According to Mr. Zubkov, the service's analytical work and information exchange with the Russian Central Bank allow to get full data on banks giving incomplete or false information or concealing it.
"This work is carried out every day. We give information to the Central Bank and the latter shares its data on the banks which can be involved in money laundering," Viktor Zubkov said.
In his words, this work revealed a dozen of other banks, which activities are close to those of Sodbiznesbank.
Mr. Zubkov is convinced that methods of the federal financial monitoring service let the Central Bank take proper measures regarding the law-breakers.
"We see these banks and know what they are doing," Viktor Zubkov stressed.
