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Romania has taken steps to strengthen its measures against money laundering and terrorism financing (AML/CFT) but still needs to address several deficiencies, the Council of Europe's Committee of Experts on the Evaluation of Anti-Money Laundering Measures and the Financing of Terrorism (Moneyval) concludes in a report released on Monday.Moneyval notes that, since the previous monitoring report adopted in June 2025, Romania has improved its technical compliance with two Financial Action Task Force (FATF) recommendations concerning the implementation of targeted financial sanctions related to terrorism, terrorist financing and the proliferation of weapons of mass destruction. These recommendations are now rated as "largely compliant".The report also finds limited progress on several other FATF recommendations, including national cooperation and coordination (Recommendation 2), non-profit organisations (Recommendation 8), financial-institution secrecy laws (Recommendation 9), politically exposed persons (Recommendation 12), transparency and beneficial ownership of legal persons (Recommendation 24), and the collection and maintenance of statistics relevant to the effectiveness of the AML/CFT system (Recommendation 33).Overall, out of the 40 FATF recommendations, Romania is currently rated compliant with seven, largely compliant with 20, and partially compliant with 13. None of the recommendations is assessed as non-compliant.Romania will remain subject to Moneyval's enhanced follow-up procedure, the report states. The country is expected to report on all progress made in strengthening measures against money laundering, terrorist financing and proliferation financing in May 2027.Moneyval is a monitoring body of the Council of Europe and a regional FATF-style organisation that evaluates compliance with international standards on combating money laundering, terrorist financing and proliferation financing, as well as the effectiveness of their implementation. The committee includes 35 jurisdictions, of which 32 are assessed exclusively by Moneyval.
Romania’s Sheep Industry, Slaughterhouses and Dairy Processors Firmly Reject Mass Vaccination of Animals Industry leaders warn that unless the proposal is abandoned, Romania’s slaughterhouse sector could collapse and sheep’s milk will have to be imported. Romania risks losing billions of euros and devastating two key industries—slaughterhouses and dairy processing—if, instead......
BEACH, PLEASE! 2026 Keeps the Momentum Going: Day 1 Delivers Spectacular Performances and an Electrifying Atmosphere That Lasted Late into the Night Following the official opening of the NIBIRU resort and a spectacular start to its anniversary edition, Beach, Please! 2026 continued with an unforgettable first festival day marked by...
The Agroland Group (BVB: AG), which operates in the retail, agribusiness, food production, and animal nutrition sectors, reported solid operating results in the second quarter of 2026. The evolution was driven by accelerated growth in the egg production segment, the expansion of the Agribusiness division’s production capacity, and the positive performance of its retail network. […]
Romania’s population will reach 15.633 million people in 2080, compared with 19.043 million on January 1, 2025, according to the latest projections made by the National Institute of Statistics (INS), published on Friday on the occasion of World Population Day. The country’s resident population will therefore decrease by 3.41 million people, or -17.9%, by 2080. […]
Pepco Group N.V. – Third Quarter FY26 Trading Update On 3 June 2026, the Group announced that it had agreed the sale of its Dealz Poland business, completing its strategic exit from fast-moving consumer goods (FMCG) retail and creating a pure-play Pepco business. Accordingly, the highlights below focus on the Group......