Co-funded by the Swiss State Secretariat for Economic Affairs and the Council of Europe, and implemented by the Council of Europe.

The Swiss State Secretariat for Economic Affairs (SECO) and the Council of Europe signed an agreement on the funding of the project “Countering Money Laundering in Albania” in September 2025. The project has a budget of EUR 1,177,778, with 90% provided by SECO and 10% by the Council of Europe, and will run for 48 months.

The project aims to support Albanian authorities in strengthening the prevention and fight against money laundering and terrorist financing (ML/TF) through a strategic, risk-based approach. Developed in cooperation with the Financial Intelligence Agency (the Albanian Financial Intelligence Unit), it builds on Albania’s latest national risk assessment and national AML/CFT strategy. The project focuses on enhancing the institutional capacities of the Financial Intelligence Agency and supervisory bodies, improving policy and law enforcement responses, and providing actionable guidance to both public authorities and private sector entities. 

The expected results of the project are:

• Consolidated implementation of anti-money laundering policies.

• Improved capacity of non-financial businesses and professions to manage economic crime risks.

The project will enable the coherent functioning of all components of the anti-money laundering framework. It will do so by strengthening the institutional capacities of the Financial Intelligence Agency and supervisory authorities for oversight and preventive action, as well as by supporting the development of policies and law-enforcement capacities to address identified risks through criminal-law measures.

The project will also provide good practices and guidance on measures that financial and non-financial entities can implement to mitigate and address corruption and money-laundering risks, and to meet their obligations arising from the relevant domestic legislation.

• Project summary