The Cabinet is to approve the structure and personnel limit of the Money Laundering Prevention and Combating Service. Under the law on the prevention and combating of money laundering and terrorism financing that was adopted last year, the given Service will no longer be a subdivision of the National Anticorruption Center. This will be an independent authority subordinated to the Government, IPN reports.

According to the draft decision, the Money Laundering Prevention and Combating Service will have 25 employees, a director and two vice directors who will be chosen at contests.

The Service will have subdivisions for processing information about suspect transactions, for initiating penalization procedures, for IT security and institutional management and a subdivision responsible for international cooperation.

The salaries of employees will be set by the Cabinet. Until then the employees will be paid in accordance with the remuneration norms applied so far.