Moldova & IMF IMF Activities Publications Press Releases

Limba romana                                                                        

Office of the IMF Resident Representative
Chisinau, Republic of Moldova


IMF Technical Assistance Mission Concluded Its Work
on October 11

Mr. Giuseppe Lombardo, Consulting Counsel at the IMF’s Legal Department, worked in Chisinau during October 8-11.

The primary goal of the mission was to provide legal advice and technical assistance to the Moldovan authorities with reference to the passage of the Law on Anti Money Laundering and Countering the Financing of Terrorism (AML/CFT Law).

Mr. Lombardo met with the First Deputy Prime Minister, the Minister of Economy and Trade, the management and staff of the Center for Combating Economic Crimes and Corruption, of the National Bank of Moldova, and of the National Financial Market Commission, as well as officials from the European Commission’s Delegation to Moldova and the U.S. Embassy in Chisinau.

The mission was very pleased with the recent approval of the new Anti-Money Laundering Law and of the amendments to the Capital Amnesty Law, which constitute a significant step forward in bringing the AML/CFT legal framework in line with the international standards.

The mission also discussed with authorities the future needs for technical assistance with regard to the implementation of the new AML framework.

October 12
, 2007