In the first half of 2025, the volume of suspicious transactions in Russia decreased by 12 percent. This decline was mainly due to a reduction in illegal cash-out operations within the banking sector, which fell by 19 percent to 15.9 billion rubles.
Cash-out transactions involving payment cards of companies and individual entrepreneurs dropped by more than half to 1.7 billion rubles. Similar operations through individuals’ accounts also declined by 11 percent, reaching 14.2 billion rubles.
The amount of suspicious transactions with signs of money being withdrawn abroad remained stable compared to the previous year and was at its lowest point since monitoring began, totaling 8.5 billion rubles.
According to the Bank of Russia, these trends are linked to the implementation of the Know Your Customer (KYC) Platform. Since its launch three years ago, information from this platform has enabled banks to restrict account activity for over 178,000 companies and individual entrepreneurs considered high risk. The majority—97.3 percent—of business entities listed on the KYC Platform are classified as low risk.
There is significant use of a service provided by the Bank of Russia that allows users to check a company’s risk level on the regulator’s website and assess potential counterparties. Launched nearly a year ago, this service has been accessed more than 500,000 times.
