The situation regarding money laundering and terrorism financing in Moldova will be analyzed by a team of experts of the Council of Europe. Prime Minister Pavel Filip on October 1 met with an assessment team of the Council of Europe Committee of Experts on the Evaluation of Anti-Money Laundering Measures (Moneyval), which will conduct the analysis, IPN reports, quoting the Government’s press service.
The Premier reiterated the authorities’ firm commitment to implement the international standards in the field, saying the assessment results and the experience of the Moneyval team are very important for deciding the future measures. “I’m convinced that we will cooperate in a proper way, will present all the necessary information and will provide explanations where there are questions. We are determined to take all the necessary measures so as to prevent money laundering and tax evasion,” he stated.
According to the Government’s press service, during the past two years the executive has taken action to stabilize the banking system, improve the business environment and fight corruption, money laundering and frauds. There was strengthened the institution responsible for the prevention and combating of money laundering that is now directly managed by the Government.
The Moneyval team will work in Moldova until October 12. In the period, this will have working meetings with representatives of the authorities involved in the process of preventing and combating money laundering and terrorism financing at national level.
The assessment report will be presented in the first half of 2019.
