Money Laundering and Terrorism Financing Risk Compliance: Implementing a National Mechanism to Assess and Manage Money Laundering and Terrorism Financing Risks in Romania

SRSP ProgrammeWithin the framework of the 2020 CoE/EU Structural Reform Support Programme (SRSP) envelope, the Economic Crime and Cooperation Division is assisting Romanian authorities with enhancing national AML/CFT framework to ensure effective mitigation of money laundering and terrorism financing risks. The project begun on 29 June 2020, and will last for 24 months. Through tailored activities, the project seeks to contribute to:

  • A nation-wide assessment of AML/CFT risks;
  • Putting in place appropriate AML/CFT risk mitigation mechanisms.

Areas of specific focus include conduct of a National ML/TF Risk Assessment (NRA), development of the NRA Action Plan, training and guidance on implementation of the Action Plan measures, high-risk sectoral risk assessments, and regulation of virtual assets and virtual assets service providers.

The total project budget 723,674.95 Euros. The project was funded by the European Union via the Structural Reform Support Programme and implemented by the Council of Europe - Economic Crime and Cooperation Division, in cooperation with the European Commission.

Project documents
Project News

Closing Conference of the Structural Reform Support Programme (SRSP) initiative for Romania

16 December 2022 Bucharest, Romania

The Council of Europe’s Economic Crime and Cooperation Division organised the Closing Conference of the Structural Reform Support Programme (SRSP) initiative “Money laundering and terrorism financing risk compliance: “Implementing a national mechanism to assess and manage money laundering and...

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Romanian investigators and prosecutors trained to train their peers on financial investigations

13-15 December 2022 Bucharest, Romania

The Council of Europe Economic Crime and Cooperation Division organised a three-day Training of Trainers on money laundering and terrorist financing (ML/TF) financial investigations, in Bucharest, Romania, from 13 to 15 December 2022. The event was organised based on the gaps and needs identified...

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Peer-to-peer exchange on the effective implementation of AML/CFT supervision of agents and distributors of payment service providers

13 December 2022 Bucharest, Romania

On 13 December 2022 the Council of Europe Economic Crime and Cooperation Division organised the workshop “Risk-based supervision: Effective implementation of Anti-Money Laundering and Countering Financing of Terrorism (AML/CFT) supervision of agents and distributors of payment service providers”,...

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Contacts

Programme Manager
Ms Danaé ISSA
Phone: +33 (0)3 88 41 22 54
Fax: +33 (0)3 88 41 39 55
Email: Danae.ISSA [at] coe.int

Administrator
M. Tomislav SERTIC
Phone: +33 (0)3 90 21 46 16
Fax: +33 (0)3 88 41 39 55
Email: Tomislav.SERTIC [at] coe.int

Junior Professional
Ms Sabina SINJEREAN
Phone:+33 (0)3 88 41 2493
Fax: +33 (0)3 88 41 39 55
Email: Sabina.SINJEREAN[at] coe.int

Highlights

  Annual Reports

      2013 - 2014 - 2015 - 2016 - 
      2017 - 2018 - 2022

  Activities annually

      2015 - 2016 - 2017 - 2018 -
      2019 - 2020 - 2021 - 2022

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