From January 1, the Central Bank will gain control over all money transfers between individuals

A new form of reporting by banks to the Central Bank has already been developed. As RBC reports, citing sources in the financial sector, from January 1, the Central Bank will receive data on all p2p transactions (from one citizen to another), including the personal data of senders and recipients of funds.

"The Central Bank has notified that it plans to periodically request information on p2p transfers in this form from 2022", - the newspaper notes.

The Central Bank plans to use the obtained information for market analysis. Not only banks, but also stores will be required to report transfers.

The Central Bank specialists will be interested in all transfers of individuals, including transfers from card to card; from account to account; from e-wallet to e-wallet, from card to wallet and vice versa; from the subscriber's account of the telecom operator to the wallet or card and vice versa; payments through the Fast Payment System.

In addition, funds transfers without opening an account will be declassified, including through payment terminals of payment agents; transfers of an individual between their own accounts within the same credit institution; transfers of individuals abroad, including through money transfer systems, such as Western Union, CONTACT and others.

Thus, the Central Bank will have information about all the facts of movement of funds through the accounts of citizens. Funds on deposits, transfers in favor of individual entrepreneurs and legal entities, as well as all facts of loan repayment will not be tracked in this format.

If suspicions arise, the Central Bank will be able to conduct investigations into individual recipients and senders of funds. For citizens who are of particular interest, data can be requested additionally.

According to the Central Bank, the volume of transactions of Russians on cards to each other in January-September this year amounted to about 42.5 trillion rubles. In total, citizens made about 8.5 billion payments.

Under the suspicion of the Central Bank, when making transactions, first of all, those citizens who have more than 10 counterparties per day or more than 50 transfers per month will fall. Suspicion will also be aroused by those who transfer more than 100 thousand rubles a day, and the amount of monthly transfers exceeds 1 million rubles.

The accounts of those citizens who are suspected of illegal activities may be frozen.

Taking into account the streamlined exchange of information between the Central Bank and the Federal Tax Service, in the long term, thanks to this data, the state will be able to "bring to clean water" the so-called "gray business", which accepts payments for goods and services on the card, but does not pay taxes from this.

At the same time, experts warn that if the tracking policy becomes aggressive on the part of the state, this may provoke the withdrawal of payers into cash-based schemes. In addition, the risk of leaks of personal data containing sensitive financial information about bank customers increases.