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The Office for Prevention and Fight against Money Laundering (OPFML) in Moldova

National Risk Assessment

The national risk assessment has identified money laundering and terrorist financing as a medium-risk level issue. The financial market in Moldova is less developed, limiting integration into the global financial system. As a result, the internal threat of money laundering is higher than the external threat.

  • Risk Level: Medium
  • Financial Market Development: Less developed, limiting integration into the global financial system

Financial Sectors at Risk

The following sectors in Moldova are considered to be at risk for money laundering and terrorist financing:

  • Banking Sector (70% of GDP): Considered the most attractive for money laundering, with a high risk yield.
  • Remittance Sector (15.4% of GDP): Has a high average risk yield.
  • Securities Sector (1.64% of GDP): Has a medium risk yield.
  • Insurance Sector (0.8% of GDP): Has a low risk of money laundering and terrorist financing.

The Office for Prevention and Fight against Money Laundering

The OPFML operates as an independent division within the National Anticorruption Centre, with the following functions:

  • Preventing and combating money laundering and terrorist financing by receiving, analyzing, and transmitting information on suspicious transactions.
  • Developing and implementing policies and strategies for preventing and combating money laundering and terrorist financing in Moldova.
  • Coordinating and ensuring implementation of international standards in the field.

Management Structure

The OPFML has a management structure that includes:

  • Head of Office: Appointed and dismissed by the Director of the Centre.
  • Deputy Head: Appointed and dismissed by the Director of the Centre on a proposal from the Head of Office.
  • Staff Members: Employed based on their skills and aptitudes in financial, banking, legal, and economic activities.

Annual Reports

The Head of Office submits annual reports to the Director of the Centre, containing an overall analysis and evaluation of information received, as well as trends in money laundering and terrorist financing.