Romania: 4th AMLD Implementation — Draft Legislative Decree

The government of Romania is consulting on the draft law on preventing and combating money laundering and terrorism financing, which will transpose the 4th Anti-Money Laundering Directive (4th AMLD) into national law.

In Romania, the prevention and combating of money laundering and funding terrorism is regulated by Law no. 656/2002. Given the obligations that the country has as a result of commitments made under the treaty of accession to the European Union, it is necessary to amend this law to fulfil the provisions of the 4th AMLD.

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