September 11 2019
In a report published today, the Council of Europe anti money laundering body MONEYVAL calls on the Moldovan authorities to fully and consistently use its legislative framework to combat money laundering and to increase the effectiveness of confiscation of proceeds, in particular regarding extended confiscation (see the summary of the report).
The report makes a comprehensive assessment of the effectiveness of the Republic of Moldova’s anti money laundering and countering the financing of terrorism (AML/CFT) system and its compliance with the Recommendations of the Financial Action Task Force (FATF).
