The document is a mutual evaluation report by MONEYVAL that assesses Moldova's anti-money laundering and counter-terrorist financing measures. It finds that Moldova achieved substantial or moderate effectiveness for most outcomes, except low effectiveness for preventing proliferation financing. Technically, it was largely or partially compliant for most recommendations, except fully compliant for 4-5 recommendations. The report provides ratings on Moldova's effectiveness and technical compliance with Financial Action Task Force standards.

1. Anti-money laundering and counter-terrorist financing measures in Moldova: Mutual Evaluation Report – July 2019
Mutual evaluation
report by the
Committee of
Experts on the
Evaluation of Anti-
Money Laundering
Measures and the
Financing of
Terrorism
MONEYVAL 1
Anti-money laundering and counter-
terrorist financing (AML/CFT)
measures in Moldova
Fifth Round Mutual Evaluation
Ratings
July 2019
http://www.fatf-gafi.org/publications/mutualevaluations/documents/mer-moldova-2019.html

2. Anti-money laundering and counter-terrorist financing measures in Moldova: Mutual Evaluation Report – July 2019
Mutual evaluation
report by the
Committee of
Experts on the
Evaluation of Anti-
Money Laundering
Measures and the
Financing of
Terrorism
MONEYVAL
Ratings – Effectiveness (1/3)
2
Immediate outcome of an effective system to combat money
laundering (ML) and terrorist financing (TF)
Extent to
which
Moldova has
achieved this
objective
1. ML and TF risks are understood and, where appropriate,
actions co-ordinated domestically to combat ML and TF
Substantial
2. International co-operation delivers appropriate information,
financial intelligence, and evidence, and facilitates action
against criminals and their assets
Substantial
3. Supervisors appropriately supervise, monitor and regulate
financial institutions and designated non-financial
businesses and professions (DNFBPs) for compliance with
AML/CFT requirements commensurate with their risks.
Moderate
4. Financial institutions and DNFBPs adequately apply AML/CFT
preventive measures commensurate with their risks, and
report suspicious transactions.
Moderate

3. Anti-money laundering and counter-terrorist financing measures in Moldova: Mutual Evaluation Report – July 2019
Mutual evaluation
report by the
Committee of
Experts on the
Evaluation of Anti-
Money Laundering
Measures and the
Financing of
Terrorism
MONEYVAL 3
Immediate outcome of an effective system to combat money
laundering (ML) and terrorist financing (TF)
Extent to
which
Moldova has
achieved this
objective
5. Legal persons and arrangements are prevented from misuse
for money laundering or terrorist financing, and information
on their beneficial ownership is available to competent
authorities without impediments
Moderate
6. Financial intelligence and all other relevant information are
appropriately used by competent authorities for money
laundering and terrorist financing investigations.
Moderate
7. Money laundering offences and activities are investigated
and offenders are prosecuted and subject to effective,
proportionate and dissuasive sanctions
Moderate
8. Proceeds and instrumentalities of crime are confiscated. Moderate
Ratings – Effectiveness (2/3)

4. Anti-money laundering and counter-terrorist financing measures in Moldova: Mutual Evaluation Report – July 2019
Mutual evaluation
report by the
Committee of
Experts on the
Evaluation of Anti-
Money Laundering
Measures and the
Financing of
Terrorism
MONEYVAL 4
Immediate outcome of an effective system to combat money
laundering (ML) and terrorist financing (TF)
Extent to
which
Moldova has
achieved this
objective
9. Terrorist financing offences and activities are investigated
and persons who finance terrorism are prosecuted and
subject to effective, proportionate and dissuasive sanctions.
Substantial
10. Terrorists, terrorist organisations and terrorist financiers are
prevented from raising, moving and using funds, and from
abusing the non-profit sector.
Moderate
11. Persons and entities involved in the proliferation of weapons
of mass destruction are prevented from raising, moving and
using funds, consistent with the relevant United Nations
Security Council Resolutions.
Low
Ratings – Effectiveness (3/3)

5. Anti-money laundering and counter-terrorist financing measures in Moldova: Mutual Evaluation Report – July 2019
Mutual evaluation
report by the
Committee of
Experts on the
Evaluation of Anti-
Money Laundering
Measures and the
Financing of
Terrorism
MONEYVAL 5
Ratings – Effectiveness

6. 6
Ratings – technical compliance
(1/5)
AML/CFT POLICIES AND COORDINATION
1. Assessing risks & applying a risk-based approach Largely CompliantLargely CompliantLargely CompliantLargely CompliantLargely Compliant
2. National cooperation and coordination Largely CompliantLargely CompliantLargely CompliantLargely CompliantLargely Compliant
MONEY LAUNDERING AND CONFISCATION
3. Money laundering offence Largely CompliantLargely CompliantLargely CompliantLargely CompliantLargely Compliant
4. Confiscation and provisional measures CompliantCompliantCompliantCompliant Compliant
TERRORIST FINANCING AND FINANCING OF PROLIFERATION
5. Terrorist financing offence Largely CompliantLargely CompliantLargely CompliantLargely CompliantLargely Compliant
6. Targeted financial sanctions related to terrorism & terrorist
financing Partially CompliantPartially CompliantPartially CompliantPartially CompliantPartially Compliant
7. Targeted financial sanctions related to proliferation Partially CompliantPartially CompliantPartially CompliantPartially CompliantPartially Compliant
8. Non-profit organisations Partially CompliantPartially CompliantPartially CompliantPartially CompliantPartially Compliant

7. 7
Ratings – technical compliance
(2/5)
PREVENTIVE MEASURES
9. Financial institution secrecy laws Largely CompliantLargely CompliantLargely CompliantLargely CompliantLargely Compliant
Customer due diligence and record keeping
10. Customer due diligence Partially CompliantPartially CompliantPartially CompliantPartially CompliantPartially Compliant
11. Record keeping Largely CompliantLargely CompliantLargely CompliantLargely CompliantLargely Compliant
Additional measures for specific customers and activities
12. Politically exposed persons Partially CompliantPartially CompliantPartially CompliantPartially CompliantPartially Compliant
13. Correspondent banking Largely CompliantLargely CompliantLargely CompliantLargely CompliantLargely Compliant
14. Money or value transfer services CompliantCompliantCompliantCompliant Compliant
15. New technologies Largely CompliantLargely CompliantLargely CompliantLargely CompliantLargely Compliant
16. Wire transfers Largely CompliantLargely CompliantLargely CompliantLargely CompliantLargely Compliant

8. 8
Ratings – technical compliance
(3/5)
PREVENTIVE MEASURES (continued)
Reliance, Controls and Financial Groups
17. Reliance on third parties Largely CompliantLargely CompliantLargely CompliantLargely CompliantLargely Compliant
18. Internal controls and foreign branches and subsidiaries Largely CompliantLargely CompliantLargely CompliantLargely CompliantLargely Compliant
19. Higher-risk countries Partially CompliantPartially CompliantPartially CompliantPartially CompliantPartially Compliant
Reporting of suspicious transactions
20. Reporting of suspicious transactions CompliantCompliantCompliantCompliant Compliant
21. Tipping-off and confidentiality CompliantCompliantCompliantCompliant Compliant
Designated non-financial Businesses and Professions (DNFBPs)
22. DNFBPs: Customer due diligence Partially CompliantPartially CompliantPartially CompliantPartially CompliantPartially Compliant
23. DNFBPs: Other measures Partially CompliantPartially CompliantPartially CompliantPartially CompliantPartially Compliant

9. 9
Ratings – technical compliance
(4/5)
TRANSPARENCY AND BENEFICIAL OWNERSHIP OF LEGAL
PERSONS AND ARRANGEMENTS
24. Transparency and beneficial ownership of legal persons Partially CompliantPartially CompliantPartially CompliantPartially CompliantPartially Compliant
25. Transparency and beneficial ownership of legal arrangements Partially CompliantPartially CompliantPartially CompliantPartially CompliantPartially Compliant
POWERS AND RESPONSIBILITIES OF COMPETENT AUTHORITIES
AND OTHER INSTITUTIONAL MEASURES
Regulation and Supervision
26. Regulation and supervision of financial institutions CompliantCompliantCompliantCompliant Compliant
27. Powers of supervisors Largely CompliantLargely CompliantLargely CompliantLargely CompliantLargely Compliant
28. Regulation and supervision of DNFBPs Largely CompliantLargely CompliantLargely CompliantLargely CompliantLargely Compliant
Operational and Law Enforcement
29. Financial intelligence units CompliantCompliantCompliantCompliant Compliant
30. Responsibilities of law enforcement and investigative
authorities CompliantCompliantCompliantCompliant Compliant
31. Powers of law enforcement and investigative authorities Largely CompliantLargely CompliantLargely CompliantLargely CompliantLargely Compliant
32. Cash couriers Largely CompliantLargely CompliantLargely CompliantLargely CompliantLargely Compliant

10. 10
Ratings – technical compliance
(5/5)
POWERS AND RESPONSIBILITIES OF COMPETENT AUTHORITIES
AND OTHER INSTITUTIONAL MEASURES (continued)
General Requirements
33. Statistics Largely CompliantLargely CompliantLargely CompliantLargely CompliantLargely Compliant
34. Guidance and feedback CompliantCompliantCompliantCompliant Compliant
Sanctions
35. Sanctions CompliantCompliantCompliantCompliant Compliant
INTERNATIONAL COOPERATION
36. International instruments Largely CompliantLargely CompliantLargely CompliantLargely CompliantLargely Compliant
37. Mutual legal assistance Largely CompliantLargely CompliantLargely CompliantLargely CompliantLargely Compliant
38. Mutual legal assistance: freezing and confiscation Partially CompliantPartially CompliantPartially CompliantPartially CompliantPartially Compliant
39. Extradition Largely CompliantLargely CompliantLargely CompliantLargely CompliantLargely Compliant
40. Other forms of international cooperation Largely CompliantLargely CompliantLargely CompliantLargely CompliantLargely Compliant

11. Anti-money laundering and counter-terrorist financing measures in Moldova: Mutual Evaluation Report – July 2019
Mutual evaluation
report by the
Committee of
Experts on the
Evaluation of Anti-
Money Laundering
Measures and the
Financing of
Terrorism
MONEYVAL 11
Ratings – technical compliance
9
20
11
0
Compliant
Largely
compliant
Partially
compliant