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Description

Rosfinmonitoring adds Meta to list of "terrorists and extremists"

On 11 October 2022, the Russian financial monitoring agency Rosfinmonitoring added Meta (the parent company of Facebook and Instagram) to its national list of "terrorists and extremists" organisations, demanding Russian financial institutions freeze its assets and block domestic financial transactions. The decision was taken in accordance with Art. 6 of Federal Law No. 115-FZ "On counteracting the legalization (laundering) of proceeds from crime and the financing of terrorism".

Original source

Scope

Policy Area
Authorisation, registration and licensing
Policy Instrument
Prohibition of goods and services
Regulated Economic Activity
platform intermediary: other
Implementation Level
national
Government Branch
executive
Government Body
central government

Complete timeline of this policy change

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2022-10-11
adopted

On 11 October 2022, the Russian financial monitoring agency Rosfinmonitoring added Meta (the parent…