EU Anti-Money Laundering and Countering the Financing of Terrorism (AML/CFT) is a comprehensive legal and institutional framework designed to protect the European Union's financial system from illegal funds, criminal activities, and terrorist financing.
Key Institutions
- Anti-Money Laundering Authority (AMLA): Based in Frankfurt am Main, AMLA is the EU's central supervisory agency for AML/CFT tasks, coordinating national Financial Intelligence Units (FIUs) and directly supervising high-risk, cross-border financial institutions.
- Financial Intelligence Units (FIUs): National bodies that analyze suspicious transaction reports and cooperate across borders via platforms like FIU.net.
Also see Europol joins forces with EU FIUs to fight terrorist financing and money laundering - EU Global Facility on AML/CFT: An external action tool established by the European Commission to assist third-country partners in strengthening their compliance with international FATF and UN standards.
For Moldova pls visit: Anti-Money Laundering (AML) - Moldova.
The financial intelligence unit of the Republic of Moldova is the Service for Prevention and Combating Money Laundering, hereinafter referred to as the Service.
