Abstract
The present article is dedicated to the analysis of the International Standards on Combating Money Laundering and the Financing of Terrorism & Proliferation, dated 2012, - the FATF (Financial Action Task Force) Recommendations. This act modified the FATF Recommendations, dated 2003. The present article gives a comparative study of the above two documents. The third and currently the final mutual evaluation of Russia took place in 2008. In case mutual evaluation of Russia happens today, which will the evaluation results be? The author gives their understanding of the possible results of such mutual evaluation of the RF under the risk-based approach. The article also dedicates to the impact of such risk-based approach on Russia and the steps the RF undergoes to follow the International Standards of FATF.
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