The EU High Level Advisers’ Mission, together with the National Bank of Moldova organized a seminar dedicated to the prevention and fight against money laundering and terrorism financing (AML/CFT). The event brought together over 20 participants, including the Governor of the National Bank of Moldova, Anca Dragu, members of the executive management and relevant departments of the NBM.
During the seminar, the EU High Level Adviser on Financial Services, Nicolae Grigore, presented the best practices of Central Banks in assessing the risks associated with money laundering and terrorism financing based on his extensive experience in the field. The essential aspects of assessing money laundering and terrorism financing risks were covered, emphasizing both the importance of adopting a risk-based approach and the necessity of an on-going AML/CFT risk assessment of the entities supervised by the Central Bank. Another topic of discussion was the procedure for establishing sanctions and supervisory measures to ensure their consistency and effectiveness.
The seminar represented a valuable opportunity for the exchange of best practices and support for the improvement of supervisory and regulatory policies and practices in the field of prevention and fight against money laundering and terrorism financing, emphasizing the importance of dialogue and cooperation between experts and relevant institutions in this field.
