COMBATING MONEY LAUNDERING – A MANDATORY TOPIC FOR THE PROFESSIONAL ACCOUNTANT

• Main Author: LAPTEȘ Ramona
• Format: Article
• Language: English
• Published: Transilvania University Press 2020-12-01
• Series: Bulletin of the Transilvania University of Brasov. Series V : Economic Sciences
• Subjects: money laundering; the european directive no. 2015/849; the european directive no.2018/843; the good practice guideline of cfar; lawno. 129/2019
• Online Access: http://webbut.unitbv.ro/bulletin/Series%20V/2020/BULETIN%20I%20PDF/15_LAPTES.pdf
• ISSN: 2065-2194; 2065-2194

In recent years, the European Union has intensified concerns about money laundering and terrorist financing, with direct impact in Romania, too. The 4th and 5th European Directives, drafted in this regard, require the extension of the role and responsibility of the professional accountant (expert accountant or financial auditor) in the complex process of preventing and combating money laundering and terrorist financing. There is a specific regulatory framework, but also several stages that define the money laundering process, which must also be known by professional accountants.