The Communications Regulation Commission is actively involved with measures against money laundering and terrorist financing.
With the amendment to the Law on Measures Against Money Laundering, the Communications Regulation Commission has been designated as the supervisory authority with respect to postal operators licensed to carry out postal money transfers. Supervisory actions and remote inspections of operators have already been carried out. CRC Chairman Ivan Dimitrov commented:
"After the Covid pandemic and the widespread practice of online courier delivery and ordering services, we have created a mechanism within the working group established by the state and we already have the necessary conditions. What should have been done for postal money transfers has been done, approved and, together with other administrations, we are about to show the sustainable solution in the field of tracking postal money transfers.
A button entitled "Inquiry Signal" and "Signals on the Line of Money Laundering and Terrorist Financing" has also been integrated on the CRC website. The button leads to a contact form in Bulgarian, which allows Bulgarian citizens and organizations to submit signals for violations of the measures.
The CRC is part of the mechanism for implementing the recommendations of the Financial Action Task Force against Money Laundering and the Committee of Experts on the Evaluation of Anti-Money Laundering Measures of the Council of Europe.