Regulatory Alerts2013-05-02
Decision of the Council of Administration of the National Bank of Moldova no.91 on the list of jurisdictions not implementing international transparency standards
The Council of Administration of the National Bank of Moldova issued Decision no.91 to formally approve a list of jurisdictions that fail to implement international standards of transparency. This regulatory action is grounded in the Law on the National Bank of Moldova and related financial legislation, aiming to identify non-compliant offshore and tax havens. The decision mandates the inclusion of specific countries and territories in the attachment and enters into force upon its publication in the Official Monitor of the Republic of Moldova.
Note: The translation is unofficial, for information purpose only Official Monitor of the Republic of Moldova, 2013, no.141-144, Art. 1036 COUNCIL OF ADMINISTRATION OF THE NATIONAL BANK OF MOLDOVA REGISTERED: Minister of Justice of the Republic of Moldova no.923 of June 27, 2013 Oleg Efrim DECISION no.91 of May 2, 2013 on the determination of the list of jurisdictions that do not implement the international standards of transparency Pursuant to the provisions of letter d) Art.5, Art.11 and Art.44 of the Law on National Bank of Moldova no.548-XIII as of July 21, 1995 (Official Monitor of the Republic of Moldova, 1995, no.56-57, Art.624), with further amendments and completions, paragraph (6) Art.15 of the Law on Financial Institutions no.550-XIII of July 21, 1995 (republished in the Official Monitor of the Republic of Moldova, 2011, no.78-81, Art.199), with further amendments and completions, and Art.VII, Art.IX of the Law on amending and complementing certain normative acts no.31 as of March 7, 2013 (Official Monitor of the Republic of Moldova, 2013, no.69-74, Art.223), the Council of Administration of the National Bank of Moldova DECIDED:
- To approve the list of jurisdictions that do not implement the international standards of transparency according to the Attachment to this Decision.
- This Decision shall enter into force on the date of publication in the Official Monitor of the Republic of Moldova. Chairman of the Council of Administration Dorin DRĂGUŢANU
Attachment to the Decision the Council of Administration of the National Bank of Moldova no.91 of May 2, 2013 List of jurisdictions that do not implement the international standards of transparency
Andorra Anguilla Antigua and Barbuda Aruba Bahamas Bahrain Barbados Belize Bermuda Bermuda-Darussalam Campion Cayman Islands Cook Islands Costa Rica Cyprus, northern part Democratic People's Republic of Korea Djibouti Dominica Ecuador Ethiopia Gibraltar Grenada Guam Guernsey Haiti Hong Kong Indonesia Iran Island of Jersey Island of Madeira Isle of Man Kenya Liberia Macao Malaysia Malta Mariana Islands Marshall Islands Mauritius Micronesia Montserrat Myanmar
Nauru Netherlands Antilles Nigeria Niue Pakistan Panama Philippines Porto Rico Samoa São Tomé and Príncipe Seychelles Singapore Sri Lanka St. Kitts and Nevis St. Lucia St. Vincent Syria Tangier Tanzania Turks and Caicos Islands United Arab Emirates Uruguay Vanuatu Vietnam Virgin Islands Yemen Botswana Cabo Verde Cambodgia Curacao Ghana Fiji Labuan Island Maldives Oman American Samoa Marocco Mongolia Palau Thailand Tunisia Trinidad and Tobago.