AML Programs for Regulated Entities
Banks, IFNs, payment institutions and gambling operators share the duties of Law 129/2019. We build AML programs that match the business's real risks and defend them in inspections.
Updated 28 October 2026 · General information, not legal advice
What the work covers
Risk assessment
Business-wide risk assessment and customer risk scoring.
Policies
AML policies, KYC procedures and record keeping.
Reporting
Suspicious transaction and cash reports to ONPCSB.
Testing
Independent review and training.
- Proportionality. Controls must match the risk assessment; copied policies fail inspections.
- Beneficial owners. Identifying and verifying UBOs is a frequent weak point.
- Sanctions screening. Screening against international sanctions lists is expected.
- AML gap analysis
- Policies and procedures
- Inspection support
Who supervises AML compliance in Romania?
ONPCSB is the financial intelligence unit and supervises entities without another supervisor. BNR, ASF and ONJN supervise the entities they regulate.
How often should the AML risk assessment be updated?
Regularly and when the business changes, for example when new products, channels or markets are added.
Tell us the decision you need to make
Describe the transaction or regulatory issue, the Romanian assets involved and your timetable.
Consultation