The project ‘Countering Money Laundering in Albania’ has been supporting the Albanian authorities in their ongoing efforts to enhance the effectiveness of anti-money laundering and countering the financing of terrorism (AML/CFT) measures in line with the standards of the Financial Action Task Force (FATF).

In March and April, targeted workshops and sessions were organised, focusing particularly on money laundering and terrorist financing risk identification, development of national anti-money laundering policies and strategies, use of financial intelligence, investigation of money laundering offences, prosecution and confiscation of criminal assets, and investigation and sanctioning of terrorist financing. These activities included practical exercises and exchanges between the national authorities, private sector representatives, and the Council of Europe international experts, focusing on institutional data, coordination mechanisms, existing AML/CFT measures, and provided an opportunity to reflect on comparative practices.

These activities form part of broader initiative to strengthen Albania’s AML/CFT framework through continued capacity development and institutional systems. By combining targeted advice with practical exercises and comparative insights, the project has supported the ongoing efforts for a more coordinated and effective response to money laundering and terrorist financing risks.

This support was rendered in the framework of the project “Countering Money Laundering in Albania” co-financed by the Swiss State Secretariat for Economic Affairs (SECO) and the Council of Europe and implemented by the Council of Europe.