of July 26, 2007 No. 190-XVI
About the prevention and anti-money laundering and terrorism financing
The Parliament adopts this organic law.
This law establishes measures for the prevention and anti-money laundering and terrorism financing, being intended for protection of the rights and legitimate interests of physical persons and legal entities, and also the states.
This law extends to the actions for money laundering and financing of terrorism made, directly or indirectly, by citizens of the Republic of Moldova, foreign citizens, stateless persons, legal entities - residents or nonresidents in the territory of the Republic of Moldova, and also, according to international treaties, to the actions made outside the Republic of Moldova.
For the purpose of this law the following basic concepts are used:
money laundering - the actions determined by article 243 of the Criminal code performed for the purpose of giving of legal nature to source and origin of the illegal income or for the purpose of concealment of origin or accessory of such income;
terrorism financing - the actions determined by article 279 of the Criminal code performed for the purpose of intentional provision or collection by any physical person or legal entity by any methods, directly or indirectly, of any property got in any way or rendering any material or financial support with intention that they were used, or when understanding that they will be used, in parts or in full, for terrorist activities;
property - financial resources, any sort of the value (assets), material or non-material, movable or immovable, tangible or intangible, and also legal documents or tools in any form, including electronic or digital, the confirming title or the right, including any share (interests) in such values (assets);
illegal income - any property intended or used for crime or got, directly or indirectly, as a result of crime execution any benefit received from this property and also any property converted or transformed, in parts or in full, from the property intended or used for crime or got as a result of crime execution and from the benefits received from this property;
the vygodopriobretayushchy owner - physical person which eventually controls physical person or legal entity or person at the request of whom operation is performed or is performed activities and/or which has, directly or indirectly, the property right or control over at least than 25 percent of shares or voting powers of the legal entity;
politically vulnerable persons are the physical persons holding or holding important state positions at national and/or international level and also members of their families and persons, related;
the physical persons holding important state positions at the international level - heads of states, the governments and the Cabinets of Ministers, members of the governments, deputies, management of People's Assembly of Gagauzia and executive body of Gagauzia, heads of political parties, judges, the high-ranking military officials, members of the leading and administrative authorities of state-owned companies, members of royal families;
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