Workshop on Effective Implementation of Customer Due Diligence Requirements

With a grant from the government of the Netherlands, the Legal Department of the International Monetary Fund (IMF) started a project to assist the Moldovan authorities in the implementation of the Anti Money Laundering and Countering the Financing of Terrorism (AML/CFT) law, revised in July 2007 with the assistance of the IMF.

In the context of this project a workshop on the new customer due diligence requirements is being conducted from July 24-25, 2008 at the National Bank of Moldova. The workshop has been organized in collaboration with the National Bank of Moldova and the Council of Europe- MOLICO Project. Representatives of the banking sector, NBM officials, and international experts , as well as of the IMF are participating.

Speakers from the IMF, the Council of Europe, the Moldovan Banking Association, the National Bank of Ukraine, and the National Bank of Moldova will make presentations on various aspects and challenges faced by financial institutions in the implementation of these new anti-money laundering requirements and international best practice on customer due diligence. Also, participants will engage in practical exercises dealing with internal customer due diligence measures, AML/CFT procedures and controls.

For further information about the anti-money laundering workshop, please contact
Mr. Giuseppe Lombardo, Consulting Counsel, Project Coordinator, IMF Legal Department, Financial Integrity Group, through the office of the IMF Resident Representative in Moldova (tel.: 23-32-32, email: imf@imf.md).
 

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ADDITIONAL INFORMATION:

Project Information

Workshop's Agenda

Opening Remarks by Johan Mathisen, IMF Resident Representative in Moldova

More information about the event can be found on the NBM's website

Photo: NBM

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