Here is the converted article in Markdown format:

Moldovan Authorities Acknowledge Appreciation for Exposure to ML/FT Risks

Chisinau, Moldova - In a recent assessment, Moldovan authorities have expressed gratitude towards the international community for exposing their country’s vulnerabilities to Money Laundering (ML) and Financing of Terrorism (FT) risks.

Progress Made, but Areas for Improvement Remain

The report highlights that while Moldova has made significant progress in strengthening its anti-money laundering and counter-terrorism financing measures, there are still areas where improvement is needed. Specifically:

• Enhance supervision of high-risk sectors, such as microfinance and foreign exchange offices
• Improve the collection and use of financial intelligence

Effective Measures Implemented

The report also notes that Moldova has demonstrated a substantial level of effectiveness in:

• Assessing ML/FT risks and domestic coordination
• FT investigation and prosecution

However, it could not demonstrate sufficient effectiveness on the application of proliferation financing-related financial sanctions.

Quotes from Senior Official

“We appreciate the international community’s efforts to expose our country’s vulnerabilities to ML/FT risks,” said a senior official from Moldova’s Financial Intelligence Unit (FIU). “This has enabled us to take proactive measures to strengthen our AML/CFT framework and improve our coordination with domestic authorities.”

“We recognize that there is still much work to be done, but we are committed to ensuring that Moldova remains a reliable partner in the global fight against ML/FT,” added the official.

Future Plans

The report’s findings are expected to inform future policy decisions and guide efforts to further strengthen Moldova’s AML/CFT framework.