The First Deputy Governor of the National Bank of Moldova, Vladimir Munteanu, participated today in the opening of the workshop "Increasing Role of Compliance in International Trade", an event organized by the NBM, the European Bank for Reconstruction and Development (EBRD) and Argos Advisory.
The two-day workshop brings together international experts on financial regulation and compliance in Chisinau.
In his speech, Vladimir Munteanu emphasized the importance of compliance with international standards in the financial sector within a complex economic and geopolitical context. "The Republic of Moldova is situated in a region marked by significant challenges, and the implementation of a sound compliance framework is essential for maintaining financial stability and increasing our credibility internationally. Cooperation with the EBRD and other development partners is fundamental to strengthening the transparency and integrity of Moldova’s financial market," said First Deputy Governor Vladimir Munteanu.
The event addresses topics related to international sanctions, financial compliance regulations and strategies for preventing illicit activities, including measures applied in different jurisdictions.
The workshop will continue on 22 January providing an in-depth look at compliance topics, including case studies on international sanctions, updates from the U.S. Treasury on the OFAC (Office of Foreign Assets Control) program, and analysis of the risks associated with trade-based money laundering.
"These topics are not only relevant but also essential for strengthening our ability to meet increasingly complex challenges. Our role, whether representing authorities or financial institutions, is a very important one. Only through a collective effort and close cooperation can we continuously adapt our regulations, identify emerging risks, and align ourselves with international best practices", concluded the First Deputy Governor of the NBM.
This event marks a milestone in aligning the financial sector of the Republic of Moldova with international standards and strengthening risk prevention mechanisms in global trade.
