Moldova included Russia in the list of countries that do not observe transparency in finances

On March 6, the Moldovan government approved a list of countries and autonomous regions that do not implement international standards of transparency. The list includes 75 countries, including Russia. This was announced by Justice Minister Veronica Mihailov-Moraru.

“The government approves a list of jurisdictions that do not comply with international transparency standards. The Russian Federation is on the list of EU jurisdictions that do not cooperate for tax purposes. At the same time, although in 2021 the Russian Federation was in the process of reassessment by the Organization for Economic Cooperation and Development, at the moment, there is no information about the final assessment in this area,” she explained.

According to the government’s statement, the compilation of such a list is stipulated by the plan of measures to limit the excessive influence of private interests on economic, political and public life (Deoligarchization Plan).

The list includes 75 jurisdictions and autonomous regions that are deemed not to meet international transparency standards. In addition to countries in Africa, some countries in the Middle East, East Asia, and other regions, the list includes Russia. It will be used by the authorities to set conditions for participation in privatisation procedures, public-private partnerships, public procurements and concessions. Besides, Moldova will be able to better control financial flows due to this decision, Prime Minister Dorin Recean said.


The list was compiled by a specific procedure stipulated in the Methodology for Identification of Jurisdictions/Autonomous Regions Not Implementing International Transparency Standards, approved by the Government in November 2023, by the Service for Prevention and Combating Money Laundering in coordination with the National Bank of Moldova, the National Financial Market Commission, the National Anti-Corruption Center, the Ministry of Finance, the Ministry of Economic Development and Digitalization and the Ministry of Foreign Affairs and European Integration.

nu-199-mj-2024 by Ольга Горчак

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