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Romania has made limited progress in enhancing its framework against money laundering, terrorist financing and proliferation financing

June 29, 2025

Romania has taken several steps to enhance its measures to counter money laundering, terrorist financing and the financing of proliferation of weapons of mass destruction, including regarding targeted financial sanctions, but still needs to address several moderate shortcomings, concludes MONEYVAL in a follow-up report released Thursday.   MONEYVAL finds that Romania has made limited progress in addressing technical compliance deficiencies affecting the application of Financial Action Task Force (FATF) recommendations on targeted financial sanctions, virtual assets and virtual assets service providers, and statistics. The report highlights that the progress made was not sufficient to upgrade the compliance ratings of the four recommendations concerned, which remain rated “partially compliant”.   Out of the 40 FATF recommendations, Romania continues to be rated as compliant on seven recommendations, largely compliant on 18 recommendations and partially compliant on 15 recommendations.   Romania will remain under MONEYVAL’s enhanced follow-up procedure. The country is expected to report back on its overall progress in strengthening its measures to counter money laundering, terrorist financing and the financing of proliferation of weapons of mass destruction in May 2026.

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