Beneficial ownership transparency has become a priority. The misuse of legal entities facilitates tax evasion, corruption, and money laundering. Professionals working in the field need to stay updated, to ensure fiscal transparency, financial stability, and effective law enforcement. A series of tailor-made trainings were organised in co-operation with the Service for Prevention and Combating Money Laundering of the Republic of Moldova.
Participants from various relevant sectors, including banks, non-bank lending organisations, representatives of the Public Services Agency, the State Tax Service, as well as lawyers, notaries and bailiffs, received in-depth training on beneficial ownership identification and reporting.
During this event, participants gained a thorough understanding of complex ownership structures, national and global regulatory standards, and techniques for identifying and verifying beneficial owners. Financial compliance officers, legal professionals and regulatory consultants participated, in person and online, in case studies analysing risk management strategies and improved reporting practices. As a result, they became better equipped to navigate and mitigate the risks associated with beneficial ownership.
These training prepare institutions in the Republic of Moldova to better meet international compliance standards and underline the country's commitment to strengthen the integrity of its financial sector and its resilience to economic crime.
This event is part of the European Union and Council of Europe programme "Partnership for Good Governance", co-funded by the European Union and the Council of Europe and implemented by the Council of Europe, in the framework of the project "Strengthening the regime for the prevention of money laundering and asset recovery in the Republic of Moldova".
