Law on Measures against Money Laundering (LMML), 1998

The Law on Measures against Money Laundering (LMML) was adopted on 24 July 1998 and amended by 11 April 2006.

According to Art. 1, the objective of the Law is prevention and revealing of the activities of individuals and corporate bodies aimed at money laundering. With this law shall be determined the measures against money laundering as well as the organisation and the control for their implementation.

The Bulgarian Financial intelligence unit, officially called Financial Intelligence Agency (FIA), was established by the Law on Measures against Money Laundering.