Romania has taken steps to enhance its anti-money laundering and terrorist financing (AML/CFT) measures but still needs to tackle some shortcomings, concludes the Council of Europe’s Committee of Experts on the Evaluation of Anti-Money Laundering Measures and the Financing of Terrorism (MONEYVAL) in a follow-up report released today.

MONEYVAL finds that, since the previous monitoring report adopted in June 2025, Romania has improved its technical compliance with two Financial Action Task Force (FATF) recommendations on the implementation of targeted financial sanctions related to terrorism and terrorist financing, and to the proliferation of weapons of mass destruction, now rated largely compliant.

Romania has also demonstrated some limited progress with FATF recommendations related to national cooperation and coordination (Recommendation 2), non-profit organisations (Recommendation 8), financial institution secrecy laws (Recommendation 9), politically exposed persons (Recommendation 12), transparency and beneficial ownership of legal persons (Recommendation 24) and the collection and maintenance of  statistics relevant  to the effectiveness of the AML/CFT system (Recommendation 33). 

Overall, out of the 40 recommendations, Romania is currently rated compliant with seven recommendations, largely compliant with 20 recommendations and partially compliant with 13 recommendations. None of the FATF recommendations are assessed as non-compliant.

In line with its rules, MONEYVAL has decided that Romania will remain under MONEYVAL’s enhanced follow-up process. The country is expected to report back on further progress in strengthening its anti-money laundering and combatting terrorism financing measures in one year’s time.

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The Committee of Experts on the Evaluation of Anti-Money Laundering Measures and the Financing of Terrorism (MONEYVAL) is a Council of Europe monitoring body and a Financial Action Task Force-style Regional Body which assesses compliance with the main international standards to counter money laundering, the financing of terrorism and the financing of proliferation of weapons of mass destruction, as well as the effectiveness of their implementation. It comprises 35 jurisdictions, 32 of which are assessed solely by MONEYVAL.