The new norms for implementing the provisions of Law no. 129/2019 for preventing and combating money laundering and terrorist financing

In the Official Gazette, Part I no. 240 of March 9, 2021, it was published the Norms for the application of the provisions of Law no. 129/2019 for preventing and combating money laundering and terrorist financing, as well as for amending and supplementing some normative acts, for the reporting entities supervised and controlled by the National Office for Prevention and Combating Money Laundering, from 02.03.2021.
This normative act replaces the application norms in force from 22.01.2020 which were abrogated by Order no. 37/2021 of March 9, 2021 and brings clarifications regarding the obligations of the regulated entities and the internal procedures that must be implemented in order to fulfill the legal obligations.

Read more