AML training program for non-bank market participants

The National Commission for Financial Markets (NCFM), in partnership with the USAID Moldova Financial Sector Transparency Activity (FSTA), is launching a training program in the field of preventing and combating money laundering and terrorist financing (AML/CFT). The training is addressed to all non-bank market participants supervised by the NCFM.

The training program, scheduled for February-September 2022, consists of three modules that will gradually address the most important regulations and best practices in the field of AML/CFT. The sessions will be moderated by national and international experts with extensive experience in the AML/CFT field.

The first module of the program will aim to familiarize participants with AML/CFT standards, the latest Financial Action Task Force’s (FATF’s) recommendations in this area, and the main tasks of the compliance officer. The training will also address risk assessment, monitoring and reporting of suspicious transactions, as well as procedures for verifying politically exposed persons (PEPs).

The next two modules will focus on other topical issues such as simplified, standard, and advanced due diligence measures (Simplified Due Diligence, Standard Due Diligence, and Enhanced Due Diligence), identifying the beneficial owner or Red Flag indicators. At the same time, both trainings will provide a practical component, during which the participants will analyze various case studies.

The first training will take place on February 23, 2022, starting at 13:00, and will take place online. Those interested in participating in the training are invited to register in advance to receive the access link. Registration to the event is open until February 22 and can be made by filling in the registration form.

The event will be moderated in Romanian and English, with simultaneous translation provided.

At the end of the training course, all participants in the three trainings will be awarded certificates.