About us
The function of the Financial Intelligence Unit of the Republic of Moldova has been exercised continuously since 2003, having been established The Office for Prevention and Fight against of Money Laundering (SPCSB) by the official Order of the Center for Combating Economic Crimes and Corruption, a specialized structure created to strengthen the state's capacities in the field of preventing and combating money laundering and terrorist financing. The establishment of this structure was carried out in the context of the international commitments assumed by the Republic of Moldova in the process of aligning with relevant standards in the field of preventing and combating money laundering and terrorist financing, as well as the need to establish a specialized national unit, according to established international practices.
In the subsequent stage, as a result of the developments of the national institutional framework, the duties of the Financial Intelligence Unit were exercised within the National Anticorruption Center, ensuring the functional continuity of specific activities, including the reception, registration, processing, analysis and transmission of information. Throughout the entire period, these functions were performed continuously, in accordance with the international obligations assumed by the Republic of Moldova and with the confidentiality and information protection requirements applicable to such a mechanism.
The consolidation of the legal and institutional status of the Financial Intelligence Unit was achieved by adopting Law no. 308/2017 on the prevention and combating of money laundering and terrorist financing, a normative act by which the Office for the Prevention and Fight against of Money Laundering was established as an independent public authority, organized as an autonomous central specialized body. The transfer of rights and obligations in the field of preventing and combating money laundering and terrorist financing from the competent structure within the National Anticorruption Center to the newly established Service was enshrined in the final and transitional provisions of Law no. 308/2017. In this framework, the Service took over, under the terms of the law, the institutional relations of cooperation and exchange of information corresponding to the mandate of the Financial Intelligence Unit.
The institutional and legal continuity of the Service is established both by taking over the full powers and international commitments, and by taking over the institutional identity, including the corporate symbols, re-registered in the name of the Office for Prevention and Fight against Money Laundering, under the terms of the acts adopted by the competent authorities.
Currently, the Office for the Prevention and Fight against of Money Laundering exercises the mandate of the Financial Intelligence Unit of the Republic of Moldova in full continuity with the previous structures, ensuring the stability, coherence and credibility of the national mechanism for preventing and combating money laundering, terrorist financing and the proliferation of weapons of mass destruction, in strict accordance with the national legal framework and applicable international standards.