On the 10th of September, the Council of Europe’s Economic Crime and Cooperation Division conducted an on-line workshop for Bulgarian authorities on how to prepare for the development of the National Action Plan to counter money laundering and terrorist financing.

The main aim of the workshop was to support Bulgarian authorities in their efforts to put together the National Money Laundering/Terrorist Financing Risk Assessment (NRA) Action Plan by providing practical guidance on how to design objectives, activities and actions that would reflect the NRA findings on ML/TF risks. Croatian authorities also participated in parts of the workshop in order to share their recent experience with putting together an AML/CFT Action Plan. Issues discussed during the workshop included formulation of priorities, institutional considerations, resource implications, and potential mechanisms to monitor and evaluate progress.

The activity was organised within the framework of the Structural Reform Support Programme initiative “Enhancing Capabilities of Bulgarian Authorities to Effectively Mitigate Money Laundering and Terrorism Financing Risks”, funded by the European Commission Directorate General for Structural Reform Support (DG REFORM) and the Council of Europe and implemented by the Council of Europe.