Requirements for Audit Firms Regarding the Prevention and Combating of Money Laundering

Sergiu Soimu (), Galina Badicu () and Diana Rencheci ()
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Sergiu Soimu: Academy of Economic Studies of Moldova, Chisinau, Republic of Moldova / „Stefan cel Mare” University of Suceava, Romania
Galina Badicu: Academy of Economic Studies of Moldova, Chisinau, Republic of Moldova
Diana Rencheci: Academy of Economic Studies of Moldova, Chisinau, Republic of Moldova

Ovidius University Annals, Economic Sciences Series, 2023, vol. XXIII, issue 1, 1094-1102

Abstract: Money laundering is a global problem, respectively, and the effort to combat it in order to ensure the integrity of financial systems is global. At the international level, there are anti-money laundering policies, encompassing a number of common regulations and requirements, some of which, however, vary by country and jurisdiction. The study is based on research focused on regulation in the field, emphasizing the role of audit entities. The investigation was supported by the legislative acts of the Republic of Moldova, as well as the international ones. The research methodology includes academic research methods, such as qualitative, dialectical and the methods inherent in economic disciplines. The qualitative method allowed the analysis of the research theme present in the published works, which can be found in the Web of Science, Scopus and EBSCO databases. The study constitutes a significant contribution to the specialized literature regarding the requirements for audit entities in combating money laundering.

Keywords: audit firms; preventing money laundering; combating of money laundering; Republic of Moldova (search for similar items in EconPapers)
JEL-codes: M42 (search for similar items in EconPapers)
Date: 2023
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