Short answer
AML services from a law office cover the legal side of compliance: confirming whether your activity makes you a reporting entity, drafting the internal procedures the law requires, explaining which reports go to ONPCSB and keeping your beneficial owner declaration correct. The obligations themselves are explained in our AML guide.
What the legal assistance can include
Applicability check
A written review of your actual activity against the categories of reporting entities in art. 5 of Law 129/2019, and of which authority supervises your sector.
Internal procedures
Drafting or adapting customer due diligence, record-keeping and internal reporting procedures in Romanian, aligned with your group policies.
Reporting support
Guidance on which ONPCSB report applies to a given situation and how to use the forms approved by ONPCSB.
Beneficial owner filings
Preparing the beneficial owner declaration for the Trade Register at incorporation and after every change.
Requests from authorities
Legal assistance when a supervisory authority asks for information or documents about your AML procedures.
Remote work with foreign clients
Documents can be exchanged and discussed remotely, in English, by e-mail, phone or video call.
How an engagement usually starts
- You send a short description of the company and its activity through the inquiry form
- We confirm what documents we need to review
- We agree the scope of the work in writing before it begins
Whether a service is needed at all depends on your activity; not every company is a reporting entity under Law 129/2019.
Related pages
- AML compliance in Romania — the legal obligations under Law 129/2019
- AML advisory in Romania
- AML audit (legal review) in Romania
- UBO declaration in Romania
General legal information, not legal advice. Each situation requires individual review. Cabinet de Avocatură Pantilimon Rikhárd-Árpád, based in Târgu Mureș.