EU COUNTRIES Romania – Poland Financial Intelligence Units’ Twinning Co-operation

THE END? BEGINNING! The Polish Team looks forward to working with you in order to deliver a quality project in a time-efficient manner

AT A GLANCE PROJECT TITLE - FIGHT AGAINST MONEY LAUNDERING AND TERRORISM FINANCING PROJECT NUMBER - RO/2007-IB/JH/05 FUNDING INSTRUMENT - TRANSITION FACILITY TIMEFRAME – 15 December 2009 – 14 December 2010 BUDGET – 530 000 Euro (cofinancing ……)

PARTNERS MEMBER STATE PARTNER – POLAND MAIN BENEFICIARY – ROMANIA GENERAL INSPECTOR OF FINANCIAL INFORMATION MAIN BENEFICIARY – ROMANIA NATIONAL OFFICE FOR PREVENTION AND CONTROL OF MONEY LAUNDERING IMPLEMENTING PARTNERS – ROMANIAN LAW ENFORCEMENT AGENCIES AND SUPERVISION AUTHORIETIES CONTRACTING AUTHORITY - ROMANIAN CENTRAL FINANCE AND CONTRACTIN G UNIT

MANAGEMENT PROFILE MS PROJECT LEADER – AGNIESZKA KRÓLIKOWSKA - Director of Department for Protection of the European Union Financial Interests, Ministry of Finance, Poland BENEFICIARY COUNTRY PROJECT LEADER – STELUTA CLAUDIA ONCICA - Director of the Inter-institutional Cooperation and International Relations Department RESIDENT TWINNING ADVISOR – ELŻBIETA FRANKÓW-JAŚKIEWICZ - Head of the International Cooperation Unit, Department of Financial Information, Poland RESIDENT TWINNING ADVISORS’S COUNTERPART – NICOLAE FUIOREA - Head of Inter-institutional Cooperation Department

BACKGROUND PROJECT ACTIVITIES ARE CONCENTRATED AROUND AREAS OF WORK THAT NEED SUBTANTIAL ENHANCEMENT AND DEVELOPMENT, IN PARTICULAR: CREATION OF THE NATIONAL STRATEGY IN COMBATING MONEY LAUNDERING AND TERRORIST FINANCING FUNCTIONING OF THE NOPCML COOPERATION OF THE LAW ENFORCEMENT AGENCIES TRAINING FOR THE DNFBP SECTORS

PROJECT PURPOSE The purpose of the project is to improve the capacity of the National Office for Prevention and Control of Money Laundering as a key authority in receiving, processing and analyzing cases of money laundering and terrorist financing

METHOD The Project builds up the necessary institutional capacity by transferring the know - how from the Member State (Poland) and other EU Countries (Spain, Portugal, France, United Kingdom, Cyprus, Czech Republic, Bulgaria)

PROJECT COMPONENTS Component 1: Increased capacity of the AML/CTF institutional system - National strategy on money laundering and terrorist financing elaborated and submitted to the NOPCML having a key role within the system. Component 2: Increasing the institutional capacity of the National Office for Prevention and Control of Money Laundering Component 3: An enhanced capacity of investigation /prosecution for law enforcement bodies Component 4: Guidance and training for the financial and non-financial reporting entities under direct NOPCML supervision. An increased capacity of reporting entities in order to detect and report suspicious transactions

ACTIVITIES WITHIN THE COMPONENTS Component 1: An increased capacity of the AML/CTF institutional system - National strategy on money laundering and terrorist financing elaborated and submitted with the NOPCML having a key role within the system Setting up a working group for the draft the national AML/CTF strategy Two days-meeting of the working group for the elaboration of the final Draft National AML/CFT Strategy One day seminar on the draft strategy, targeting all relevant stakeholders/management of the involved institutions

ACTIVITIES WITHIN THE COMPONENTS Component 2: Increasing the institutional capacity of the National Office for Prevention and Control of Money Laundering Organizing of five 3-day workshops for the financial analysts within the Supervision and Control Department Internships for financial analysts Organizing of two 3-day seminars for the financial analysts in NOPCML on strategic analyses using IT tools and statistical methods

ACTIVITIES WITHIN THE COMPONENTS Component 3: An enhanced capacity of investigation /prosecution for law enforcement bodies Internships for prosecutors Internship for Financial Guard representatives Internship for policemen

ACTIVITIES WITHIN THE COMPONENTS Component 4: Guidance and training for the financial and non-financial reporting entities under direct NOPCML supervision. An increased capacity of reporting entities in order to detect and report suspicious transactions Setting up a working group formed by STEs and financial analysts within the National Office in order to draft the Handbook on risk based approach and indicators of suspicious transactions for reporting entities Presentation and dissemination of the Handbook to the different categories of reporting entities, during six 2-day seminars, at territorial level

ACTIVITIES WITHIN THE COMPONENTS Component 4: Guidance and training for the financial and non-financial reporting entities under direct NOPCML supervision. An increased capacity of reporting entities in order to detect and report suspicious transactions Organizing six 2-days workshops, at territorial level, for the independent legal professions

ACHIVEMENT OF MANDATORY RESULTS AND BENCHMARKS COMPONENT 1 Under the technical coordination of the MS experts from Poland and Czech Republic, a working group including representatives of: National Office for the Prevention and Control of Money Laundering, Ministry of Justice, Public Ministry, Ministry of Administration and Home Affaires, Ministry of Public Finance (Financial Guard, National Agency for Fiscal Administration), National Bank of Romania, Securities Supervision Commission, Insurance Supervision Commission, Private Pensions System Supervision Commission, Romanian Intelligence Service Foreign Intelligence Service, have drafted the National Strategy on AML/CFT

ACHIVEMENT OF MANDATORY RESULTS AND BENCHMARKS COMPONENT 2 Five 3- day workshops for the financial analysts within the Supervision and Control Department completed - 10 analysts trained in supervision activities - supervision’s documentation designed 4 internships (Bulgaria, Cyprus, Poland, Portugal) - 16 financial analysts trained in the area of AML&C TF are able to act as trainers for new NOPCML staff and reporting entities personnel Two 3-day seminars for the financial analysts in NOPCML on strategic analyses using IT tools and statistical methods - 40 analysts trained in the area on strategic analyses using IT tools and statistical methods

ACHIVEMENT OF MANDATORY RESULTS AND BENCHMARKS COMPONENT 3 - 4 internships for Romanian prosecutors organized ( 2x Spain, Portugal, France) - 1 internship for Financial Guard (Poland) - 1 internship for Police (Poland) - 24 representatives of LEA trained and able to act as trainers in different LEA units, working in AML cases

ACHIVEMENT OF MANDATORY RESULTS AND BENCHMARKS COMPONENT 4 - working group formed of two designated STEs and financial analysts from the NOPCML for drafting the Handbook on risk based approach and indicators of suspicious transactions for reporting entities - Handbook elaborated, printed and disseminated - Presentation and dissemination of the Handbook to the different categories of reporting entities during six 2-day seminars, at territorial level (270 representatives of the reporting entities trained) - Six 2-days workshops, at territorial level, for the independent legal professions (180 representatives of the independent legal professions trained)

RESOURCES Romanian Project Team from the NOPCML Polish Project Team from the Department of Financial Information RTA Team 14 STEs (12 from Poland, 1 from UK, 1 from Czech Republic)

Why Poland?

Still lot of work ahead…

RECOMMENDATIONS Recommendations should be inserted into the continuation of the inter-institutional work in carrying out the National Strategy on Combating Money Laundering and its Action Plan Additional legislative improvements are needed to follow the EU best practices in the area of controlling the reporting entities (NOPCML empowered to provide the controls of credit institutions in cooperation with other supervision authorities Introducing of the new tools like e-learning in order to provide more effective trainings for reporting entities

Thank you for your attention Elzbieta Frankow-Jaskiewicz RTA Department of Financial Information Ministry of Finance Phone: + 48 22 674 54 52 E- mail: elzbieta.frankow-Jaskiewicz@mofnet.gov.pl