In line with the Fund's TA advice, submit to the Parliament draft amendments to the AML/CFT law and to the relevant provisions of the Criminal Code to strengthen the AML/CFT legal framework. These provisions include the criminalization of money laundering and terrorist financing; identification, tracing and freezing of terrorist assets; confiscation of funds related to money laundering; and customer due diligence measures for all financial institutions.
Introduced at R2. Macroeconomic rationale: Bring the AML/CFT legislation in line with the Financial Action Task Force standard.