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The document ceased to be valid since October 28, 2018 according to Item 2 of the Resolution of the National commission on the financial market of the Republic of Moldova of August 24, 2018 No. 38/1

It is registered

Ministry of Justice

Republic of Moldova

On November 22, 2011 No. 855

RESOLUTION OF THE NATIONAL COMMISSION ON THE FINANCIAL MARKET OF THE REPUBLIC OF MOLDOVA

of October 21, 2011 No. 49/14

About approval of Regulations on application of measures for the prevention and anti-money laundering and financing of terrorism in the non-bank financial market

(as amended on 26-06-2015)

Based on Art. 20 of the item (1), Art. 21 of the item (1), Art. 22 of the item (1) and the Art. (2), Art. 25 of the item (2) the Law No. 192-XIV of 12.11.1998 "About the National commission on the financial market" (it is repeatedly published in the Official monitor of the Republic of Moldova, 2007, No. 117-126 BIS) and Art. 10 of the item (2) the Law No. 190-XVI of 26.07.2007 "About the prevention and anti-money laundering and terrorism financing" (The official monitor of the Republic of Moldova, 2007, No. 141-145, the Art. 597) the National commission on the DECIDES: financial market

1. Approve Regulations on application of measures for the prevention and anti-money laundering and by financing of terrorism in the non-bank financial market it (is applied).

2. Reporting units till 3 months from the date of entry into force of this resolution will be developed and will approve according to the legislation own programs for the prevention and anti-money laundering and terrorism financing, considering provisions of these Regulations.

3. Reporting units will inform the National commission on the financial market within 30 days on execution of item 2.

4. To impose control over execution of provisions of item 2 of this resolution on general management of supervision of securities, general management of supervision of insurance and general management of collective investments and microfinancing.

Deputy Chairman of the National commission on the financial market

Victor Kaptar

Appendix

to the Resolution of the National commission on the financial market of October 21, 2011 No. 49/14

Regulations on application of measures for the prevention and anti-money laundering and financing of terrorism in the non-bank financial market

I. General provisions

1. The regulations on application of measures for the prevention and anti-money laundering and financing of terrorism in the non-bank financial market (further - Regulations) are developed for professional participants of the non-bank financial market - reporting units, certain Art. 4 of the Law No. 190-XVI of 26.07.2007 "About the prevention and anti-money laundering and terrorism financing" (further - the Law No. 190 from 26.07.2007). These Regulations are transposition of Articles 2, 6-7; parts (2) Article 8; parts (1) and (6) Article 9; parts (1) - (2) and (4) – (6) Article 13; Articles 20, 22, 25 and parts (1) Article 28; Article 32 and parts (1) – (2) Article 34; parts (1) Article 35 and part (1) Article 39 of the Directive 2005/60/EC of the European Parliament and Council of October 26, 2005 about the prevention of use of the financial system for money laundering and financing of terrorism published in the Official magazine of the European Union by L 309 of November 25, 2005 (the relevant text for SEE).

2. The purpose of these Regulations is establishment of requirements for creation of own programs for the prevention and anti-money laundering and financing of terrorism in the non-bank financial market.

3. The actions subject to risk of money laundering and financing of terrorism, are:

1) difficult and unusual transactions;

2) international financial transactions;

3) the transactions performed using information technologies;

4) broker transactions;

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