MOLICO - Project against corruption, money laundering and the financing of terrorism in Moldova
2.1 Relevant legislation in line with international standards and best practices
Major changes to
AML/CTF legislation were introduced, making the national AML/CTF
system compliant with international standards. Some changes were
induced by negative reactions from the international bodies on the
controversial tax amnesty.
2.2 Competencies, status and organisational set-up of the FIU in line with Moneyval recommendations and international best practices
The FIU of Moldova
is fully operational and capable of exchange of information with
other FIUs. The FIU is an Egmont Group member, which opens up
possibilities to exchange information with more than 100 Egmont
2.3 System of collection, processing, analysis, protection and exchange of information on transactions designed and procured for the FIU
IT equipment procurement
2.4 Capacity of the FIU to co-operate with the FIUs of other countries in accordance with the Egmont Group standards will have increased
FIU is capable of
co-operating with foreign FIUs, especially with police FIUs, but not on
2.5 National AML/CTF strategy including effective mechanisms to ensure co-operation between the FIU and law enforcement, criminal justice and regulatory authorities adopted and implemented
The National Strategy and Action Plan-2007 were adopted.
Interagency workgroup in AML area was approved by the CCCEC order.
Action Plan 2008 has been adopted in June 2008.
AML Strategy and Action Plan
more about activities under Output 2.5...
2.6 Capacity of obliged entities and their regulators and supervisors to meet their obligations under the AML/CTF legislation will have increased
- AML/CFT Training
for Financial Markets Commission
2.7. Capacity of law enforcement and judicial bodies to meet their obligations under the AML/CTF legislation will have increased
- AML/CFT Training for judges and prosecutors