1. Supervision
  2. Implementation of international sanctions prevention of money laundering and terrorism financing
  3. Prevention of money laundering and terrorism financing

Prevention of money laundering and terrorism financing


The National Bank of Romania has the following tasks in preventing money laundering and combating terrorism financing:

  • to oversee the enforcement of the relevant legal provisions, in accordance with the provisions of Article 26 paragraph (1) letter a) and Article 27 of Law No 129/2019 on the prevention and combating of money laundering and terrorism financing, as well as for amending and supplementing certain normative acts;
  • to adopt specific regulations for overseeing the enforcement of the legislation on preventing money laundering and combating terrorism financing;
  • to impose specific measures or sanctions for failing to observe relevant legislation.

NEW

  • FATF Jurisdictions under Increased Monitoring & FATF High-Risk Jurisdictions subject to a Call for Action - 21 octombrie 2021
  • Commission Delegated Regulation (EU) 2019/758 of 31 January 2019 supplementing Directive (EU) 2015/849 of the European Parliament and of the Council with regard to regulatory technical standards for the minimum action and the type of additional measures credit and financial institutions must take to mitigate money laundering and terrorist financing risk in certain third countries
  • 9 January 2019 EBA report on crypto-assets - Report with advice for the European Commission on crypto-assets
  • Commission Delegated Regulation (EU) 2018/1108 of 7 May 2018 supplementing Directive (EU) 2015/849 of the European Parliament and of the Council with regulatory technical standards on the criteria for the appointment of central contact points for electronic money issuers and payment service providers and with rules on their functions
  • Amendments to Commission Delegated Regulation (EU) 2016/1675 of 14 July 2016 supplementing the European Parliament and Council Directive (EU) 2015/849 by identifying high risk third countries with strategic deficiencies
    • Commission Delegated Regulation (EU) 2018/1467 of 27 July 2018 amending Delegated Regulation (EU) 2016/1675 supplementing Directive (EU) 2015/849 of the European Parliament and of the Council, as regards adding Pakistan to the table in point I of the Annex
    • Commission Delegated Regulation (EU) 2018/212 of 13 December 2017 amending Delegated Regulation (EU) 2016/1675 supplementing Directive (EU) 2015/849 of the European Parliament and of the Council, as regards adding Sri Lanka, Trinidad and Tobago, and Tunisia to the table in point I of the Annex
    • Commission Delegated Regulation (EU) 2018/105 of 27 October 2017 amending Delegated Regulation (EU) 2016/1675, as regards adding Ethiopia to the list of high-risk third countries in the table in point I of the Annex
  • Commission Delegated Regulation (EU) 2016/1675 of 14 July 2016 supplementing Directive (EU) 2015/849 of the European Parliament and of the Council by identifying high-risk third countries with strategic deficiencies
  • The Risk-Based Supervision Guidelines - Joint Guidelines on the characteristics of a risk‐based approach to anti‐money laundering and terrorist financing supervision, and the steps to be taken when conducting supervision on a risk‐sensitive basis
  • 3 martie 2021 - Opinion of the European Banking Authority on the risks of money laundering and terrorist financing affecting the European Union’s financial sector
  • 1 martie 2021 - The ML/TF Risk Factors Guidelines – Guidelines on customer due diligence and the factors credit and financial institutions should consider when assessing the money laundering and terrorist financing risk associated with individual business relationships and occasional transactions (‘The ML/TF Risk Factors Guidelines’) under Articles 17 and 18(4) of Directive (EU) 2015/849
  • 23 January 2018 - Joint Opinion of the three European Supervisory Authorities (EBA, EIOPA and ESMA) on the use of innovative solutions by credit and financial institutions in the customer due diligence process
  • 6 December 2017 - Regulatory Technical Standards of the three European Supervisory Authorities (EBA, EIOPA and ESMA) on the implementation of group wide AML/CFT policies in third countries
  • The Risk-Based Supervision Guidelines - Joint Guidelines on the characteristics of a risk‐based approach to anti‐money laundering and terrorist financing supervision, and the steps to be taken when conducting supervision on a risk‐sensitive basis
  • 22 September 2017 - The Fund Transfers Guidelines - Joint Guidelines under Article 25 of Regulation (EU) 2015/847 on the measures payment service providers should take to detect missing or incomplete information on the payer or the payee, and the procedures they should put in place to manage a transfer of funds lacking the required information.
  • 12 April 2016 - Opinion of the European Banking Authority on the application of customer due diligence measures to customers who are asylum seekers from higher-risk third countries or territories
  • Regulation (EU) 2015/847 of the European Parliament and of the Council of 20 May 2015 on information accompanying transfers of funds and repealing Regulation (EC) No 1781/2006.
T: +4031 132 2321
E: press@bnro.ro