National Strategy of preventing and combating money laundering and terrorist financing of the 2020-2025 years
On February 5 was published in the official Gazette the National Strategy and the Action Plan for preventing and combating money laundering and terrorist financing for the 2020-2025 years and its Action Plan, both adopted by the Decision N 239/2020 of the Parliament of the Republic of Moldova.
These two documents were developed in cooperation with EU experts and forms the state policy in the area of preventing and fighting against money laundering and terrorist financing for a period of 6 years with the following basic objectives:
- reducing the risks of money laundering and terrorist financing through policies and coordination and cooperation activities at national and international levels;
- preventing entering to the financial sector and other sectors of the proceeds of crime and the funds used for money laundering and terrorist financing purposes, as well as their identification and reporting;
- identifying and tackle national and international threats of money laundering, punishing perpetrators and confiscation of the properties and proceeds of crime;
- identifying and tackle threats to terrorist financing, depriving terrorists of resources and sanctioning persons who support terrorism.
The Office for Prevention and Fight against Money Laundering is responsible for monitoring the implementation of the Action Plan by the 23 authorities and institutions, and annually by February 1 they will present to the Parliament and to the Government the report on the implementation of the mentioned Strategy.
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