RESOLUTION OF NATIONAL BANK OF THE REPUBLIC OF MOLDOVA

of November 7, 2024 No. 281

About approval of Regulations about requirements to identification and check of the identity of clients by means of electronic means

Based on part (3) Art. 5-1 of the Law on the prevention and anti-money laundering and terrorism No. 308/2017 financing (The official monitor of the Republic of Moldova, 2018, No. 58-66, the Art. 133), with subsequent changes, the Executive committee of National Bank of Moldova DECIDES:

1. Approve Regulations about requirements to identification and check of the identity of clients by means of electronic means according to appendix.

2. This resolution becomes effective from the date of its publication in the Official monitor of the Republic of Moldova. The reporting units which implemented information decisions for establishment of remote business relations of clients on the date of entry into force of this resolution will conform to new requirements within 6 months.

Appendix

to the Resolution of National Bank of the Republic of Moldova of November 7, 2024 No. 281

Regulations about requirements to identification and check of the identity of clients by means of electronic means

Chapter I. General provisions

1. These Regulations about requirements to identification and check of the identity of clients by means of electronic means (further - Regulations) are directed to establishment of requirements concerning necessary the politician and procedures, internal control system, risks and measures of protection, and also as the minimum technical requirements for the purpose of identification of clients and check of their personality by the reporting units specified in the item 3, in case of establishment of business relations with clients without physical presence.

2. The requirements and rules concerning identification and check of the identity of clients with physical presence are applied also to clients whose remote identification is performed according to requirements of these Regulations, and measures for the prevention and anti-money laundering and financing of terrorism will be applied according to requirements of the Law on the prevention and anti-money laundering and terrorism No. 308/2017 financing (further - the Law No. 308/2017) and the regulations published for its realization.

3. The reporting units provided in the item a), e), g) and i) parts fall under action of provisions of these Regulations (1) Art. 4 of the Law No. 308/2017.

4. The terms and expressions used in these Regulations have the values established by the Law No. 308/2017, the Law on electronic identification and confidential services No. 124/2022 (further - the Law No. 124/2022) and the regulations published for their realization. Also for the purposes of these Regulations the following terms and expressions are used:

biometric data - the personal data obtained as a result of special methods of processing, concerning physical, physiological or behavioural characteristics of physical person which allow or confirm unique identification of this person, for example images of person or dactyloscopic data;

identification and check of the identity of clients by means of electronic means - process of identification and check of the identity of the client remotely on the basis of the corresponding risk assessment and with use, depending on risk, at the same time one or several methods provided by part (2) Art. 5-1 of the Law No. 308/2017;

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