Framework of regulation of preventing, combating money laundering to be changed in Moldova

Chisinau, 16 April /MOLDPRES/ - The framework of regulation of the prevention and combating of the money laundering will be adjusted to the European Union’s legislation. A draft law to this effect was approved at an online meeting of the parliamentary commission for national security, defence and public order. 

The draft is aimed at ensuring the state’s security, protecting the financial and banking system and the financial and non-banking one and of the free-lance workers, as well as at defending the interests of the state’s private people and legal entities. The draft transposes the Directive of the European Parliament and of the Council from 20 May 2015 on the prevention of the use of the financial system for the purposes of money laundering or terrorist financing.

The provisions of the draft are applied to the deeds, including the actions committed in Moldova, the goal of which is to infringe the law on the prevention and combating of money laundering and terrorist financing.

The national authorities in charge of the enforcement of the stipulations of this law are the service for the prevention and combating of money laundering, the National Bank of Moldova and the National Commission of Financial Market.