The Head of the Office for Prevention and Fight against Money Laundering participated at the 4th meeting of the Republic of Moldova-EU Sub-Committee on Freedom, Security and Justice, held in Brussels, Kingdom of Belgium
The subjects discussed during the mentioned event included the justice sector reform, prevention and combating corruption, prevention and combating money laundering and terrorist financing, cooperation on migration, asylum and border management, personal data protection , prevention and combating organized crime and other illegal activities.
The Office reported the progress achieved during the reference period with the support of the EU Delegation and the Joint EU/CoE Project Controlling Corruption through Law Enforcement and Prevention(CLEP), namely:
- Drafting and approval of the new Law on Prevention and Combating of Money Laundering and Terrorism Financing;
- Methodology for identification of suspicious activities and transactions;
- Guide for the identification of transactions and activities suspectd of money laundering and terrorism financing
- Guide on terrorism financing
- Guide on Politically Exposed Persons
- Instruction for filling out and submitting special forms on activities or transactions under the incidence of the Law on prevention and combating of money laundering and terrorism financing
- Start up the process of development of the National Strategy in the field of prevention and combating money laundering and terrorism financing.
At the same time, the Office highlighted the national support in setting up the Office as an independent entity within the Government and approving the decision to appoint the management of the Service.
As well, was communicated the following information:
- initiating the access process to the FIU.Net data exchange system, managed by Europol.
- Fulfiling and submitting the questionnaires on technical and effectiveness compliance to the MONEYVAL Committee
- drafting of the law on sanctions for non-compliance with the provisions of the Law on the prevention and combating money laundering and terrorist financing.
The agenda of the meeting set a series of subjects of common interest for both the Republic of Moldova and the European Union, for which the heads of the specialized institutions of the country presented the recorded progress since the previous meeting of the Sub-Committee of June 2017.
The RM-EU Sub-Committee on Freedom, Justice and Security was created on the basis of the Association Agreement between the Republic of Moldova and the European Union. Its purpose is to monitor the fulfillment of those commitments that the Republic of Moldova has assumed before the European partners through the provisions of the Agreement.