Citizens and the business community will benefit from a safer financial system that is better protected against illegal schemes. The Government has approved measures to strengthen the framework for preventing and combating money laundering and terrorist financing, enabling responsible authorities to identify risks more quickly and respond more effectively.

The new measures aim to improve the training of professionals responsible for monitoring suspicious transactions, financial flows, and sector-specific risks. To this end, a training certificate in the field of anti-money laundering and counter-terrorist financing will be introduced.

As a result, the training of specialists will no longer vary from one institution to another but will follow clear and uniform rules. Responsible personnel will be trained according to the same standards, contributing to more effective enforcement of the law.

In addition, the Money Laundering Prevention and Combating Service (SPCSB) will have a clearer role in training and guiding institutions that are required to report suspicious activities. The Service will be able to organize training sessions, develop practical materials, and coordinate a national training platform.

The draft also provides for the establishment of the position of Financial Intelligence Officer within the SPCSB. At the same time, adjustments will be made to the Service’s internal organization to improve its efficiency and strengthen its ability to prevent and combat money laundering and terrorist financing.

“It is necessary for the SPCSB to have clear tools, specialized personnel, and the capacity to intervene effectively. The SPCSB is becoming the main center of expertise and coordination in this field. These amendments are necessary for the Republic of Moldova to build a functional, credible system capable of effectively preventing the risks of money laundering and terrorist financing,” said Justice Minister Vladislav Cojuhari.