ORDER OF THE GOVERNMENT OF THE REPUBLIC OF MOLDOVA

of May 25, 2018 No. 496

About approval of Methodology of identification of actions and transactions concerning which there are suspicions of money laundering and financing of terrorism

Based on part provisions (9) article 11 of the Law No. 308 of December 22, 2017 on the prevention and anti-money laundering and terrorism financing (The official monitor of the Republic of Moldova, 2018, Art. No. 58-66, 133) DECIDES: the Government

1. Approve Methodology of identification of actions and transactions concerning which there are suspicions of money laundering and financing of terrorism it (is applied).

2. To service according to the prevention and anti-money laundering based on Methodology of identification of actions and transactions concerning which there are suspicions of money laundering and financing of terrorism to draft the following acts of advisory nature in a month:

1) the Management on identification of actions or transactions concerning which there are suspicions of money laundering;

2) the Management according to the procedure of the reporting on doubtful actions or transactions;

3) the Management on identification of doubtful actions and transactions concerning which there are suspicions of terrorism financing.

3. To bodies with functions of supervision of reporting units in 2-month time after entry into force of this resolution based on risks assessment of money laundering and financing of terrorism at the national level to develop, approve and publish reports on the factors generating low or high risks of money laundering and financing of terrorism.

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