New obligations for real estate agents, real estate developers and traders
- Real estate agents, including when they act as intermediaries in the rental of real estate, who carry out transactions with a minimum limit representing the equivalent in lei of 10,000 Euros and
- Professionals who sell goods and carry out cash transactions with a minimum limit representing the equivalent in lei of 10,000 Euro
have the obligation to notify exclusively electronically, the National Office for the Prevention and Combating of Money Laundering regarding the beginning, suspension or cessation of the activity covered by Law 129/2019 within 15 days from the date of beginning, suspension or cessation of this activity.
The ones mentioned above who are already carrying out the activity have the obligation to notify the National Office for the Prevention and Combating of Money Laundering regarding the beginning, suspension or cessation of the activity until July 1, 2022.
Failure to comply with the notification obligation constitutes a contravention and is sanctioned with a warning or a fine between 5,000-10,000 lei.
The form and content of the notification were established by the Order of the National Office for Prevention and Combating Money Laundering no. 145/2022.
Law 129/2019 for preventing and combating money laundering and terrorist financing was supplemented with the above provisions by GEO no. 53/2022 published on 21.04.2022.
