Situation within money laundering, terrorist financing in Moldova to be analised by team of experts from Council of Europe

Chisinau, 01 October /MOLDPRES/ – Prime Minister, Pavel Filip, has met today with the Moneyval evaluation team of the Committee of Experts of the Council of Europe to analise the situation in the area of ​​money laundering and terrorism financing in Moldova, the government’s communication and protocol department has reported.

The Prime Minister reiterated the strong commitment of authorities to implementing international standards in this area, noting that the results of the evaluation, as well as the experience of the Moneyval team, have been very important for establishing future actions. "I have all the conviction that we will work together qualitatively, present all necessary info, and where there are questions, we will come up with explanations. We are determined to take all necessary steps to prevent money laundering and tax evasion," said PM.

Over recent two years, the government has taken several steps to stabilise the banking system, improve the business environment, and step up action to counter corruption, money laundering and fraud. In this sense, the institution in charge for preventing and combating money laundering, which is currently under the direct authority of the Government, has been strengthened.

The Moneyval evaluation team will be in Moldova by 12 October 2018, during which there will be held working sessions with the representatives of the authorities involved in the prevention and combating of money laundering and terrorism financing at national level. The evaluation report will be presented in the first half of 2019.