Romania regulates AML/CTF through the National Office for Prevention and Control of Money Laundering under Law No. 129/2019. See the obligations and how MemberCheck supports them.
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Romania regulates AML/CTF through the National Office for Prevention and Control of Money Laundering, which is both its financial intelligence unit and a supervisory authority for reporting entities that have no sector regulator of their own. Law No. 129/2019 is the principal statute, and as an EU member state Romania transposes the EU Anti-Money Laundering Directives. The National Bank of Romania, the Financial Supervisory Authority, and the National Office for Gambling supervise compliance in their sectors.
Obliged entities must apply customer due diligence, identify beneficial owners, maintain risk management systems that flag politically exposed persons, and retain records for at least five years. They must designate responsible persons, establish internal ML/TF risk procedures, and report suspicious transactions to the ONPCSB.
MemberCheck helps teams meet these obligations by screening customers and entities against global sanctions, PEP, and adverse-media data, verifying identities, and monitoring risk continuously, with a clear audit trail behind every decision.
Romania's financial intelligence unit and a supervisory authority in its own right. It collects, stores, analyses, and discloses financial intelligence under Law No. 129/2019, and supervises reporting entities that fall under no other supervisor.
The National Bank of Romania, the Financial Supervisory Authority, and the National Office for Gambling monitor compliance with key obligations under the AML Law in their sectors.
Romania's principal AML statute. It sets customer due diligence, risk management, record-keeping, and reporting duties for obliged entities.
As an EU member state, Romania transposes the EU Anti-Money Laundering Directives, aligning its regime with the wider European framework.
The ONPCSB is both Romania's financial intelligence unit and a supervisory authority, and it supervises reporting entities that have no sector regulator of their own. Sector supervision sits elsewhere: the National Bank of Romania for banks, the Financial Supervisory Authority for insurance and capital markets, and the National Office for Gambling for gambling operators.
Law No. 129/2019 on preventing and combating money laundering and terrorism financing is Romania's principal AML statute, setting due diligence, risk management, and reporting obligations.
Yes. As an EU member state, Romania transposes the EU Anti-Money Laundering Directives, and it is a member of MONEYVAL.
MemberCheck screens customers and entities against global sanctions, PEP, and adverse-media data, verifies identities, and monitors risk continuously, with an audit trail behind every decision.
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