Financial Crime World

Council of Europe Boosts Financial Intelligence Unit in Moldova with Strategic Analysis Workshop

Enhancing Capabilities to Combat Economic Crimes

The Council of Europe has concluded a two-day workshop aimed at strengthening the strategic analysis capabilities of the Republic of Moldova’s Financial Intelligence Unit (FIU). The training sessions focused on equipping FIU staff with specialized analytical tools and techniques to identify and mitigate risks associated with money laundering and terrorist financing.

Workshop Details

  • Date: June 6-7
  • Location: Chisinau, Republic of Moldova

Objectives and Outcomes

The primary goal of the workshop was to improve strategic analysis processes within the FIU. To achieve this, experts from the Council of Europe and the FIU’s operative and analytical departments collaborated on interactive exercises and discussions.

Key Topics Covered

  • Simulation of a trade-based money laundering scheme
  • Identifying and understanding typologies relevant for strategic analysis products
  • Reporting and disseminating strategic analysis results

Feedback from Participants

Adrian Munteanu, Deputy Director of the FIU, expressed gratitude to the Council of Europe for their continued support in strengthening Moldova’s anti-money laundering and counter-terrorist financing regime.

“This workshop represents a meaningful step forward in equipping FIU personnel with the necessary skills and knowledge to combat economic crimes effectively,” Munteanu said.

Partnership for Good Governance

The event is part of the European Union and the Council of Europe joint program “Partnership for Good Governance,” co-funded by both organizations and implemented by the Council of Europe. The project aims to strengthen Moldova’s anti-money laundering and asset recovery regime, underscoring the importance of international cooperation in combating economic crimes.

Commitment to Supporting Moldova’s Efforts

The workshop is a testament to the continued commitment of the Council of Europe and its partners to supporting Moldova’s efforts in enhancing financial intelligence and mitigating the risks associated with money laundering and terrorist financing.