The list will include providers of services in the field of crypto-assets, crowdfunding, credit intermediaries, managers of voluntary pension funds, traders in cultural and high-value goods, football clubs, etc.
The Office for the Control of Public Finances and Taxes, under the Service for the Prevention and Combating of Money Laundering, will be responsible for registering reporting entities and maintaining registers of beneficial owners, payment and bank accounts, crypto-asset accounts and safe-deposit boxes.
The Service has put the relevant draft out for public consultation. Comments and proposals on the document may be submitted until 2 November 2026. It will replace the previous law from 2017. If approved, its provisions will come into force on 10 July 2027.
The new requirements for entities subject to the law form part of the European Union’s legislative package, which will also be implemented in Moldova. They involve more detailed procedures for identifying risks and verifying beneficial owners, expanded access to information and registers, supervision of reporting entities, and inter-agency cooperation.
New concepts are being introduced, such as the virtual IBAN and specific financial sanctions. Definitions relating to cash, beneficial owners, politically exposed persons, etc., are also being clarified. A separate chapter regulates the procedure for identifying beneficial owners and sets out the obligations of reporting entities regarding the collection of information.
This story was translated with the assistance of artificial intelligence.The translation was also reviewed by the Logos Press editorial team.
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