Technical Support Instrument (TSI) Project on: “Risk-based supervision of anti-money laundering and financing of terrorism in Croatia”

Within the framework of the 2021 Council of Europe/EU Technical Support Instrument (TSI) envelope, the Economic Crime and Cooperation Division is assisting Croatian authorities with enhancing the effectiveness of the AML/CFT regime in line with Financial Action Task Force (FATF) recommendations and the EU Directive on the prevention of the use of the financial system for the purposes of money laundering or terrorist financing. The project begun on 18 June 2021 and will last for 24 months.

Through tailored activities, the project seeks most notably to contribute to enhancing the risk-based AML/CFT supervision in the financial system in Croatia.

Areas of specific focus include the development of new risk assessment methodologies and trainings for the supervisory authorities’ staff, mapping of data sources for the introduction of a reporting system ensuring risk profiling, advice on the design and format of supervisory tools and for the development of an IT supervisory tool for an automated ML/TF risk assessment, development of supervisory manuals.

The total project budget is 500,000 Euros. The project was funded by the European Union via the Technical Support Instrument and implemented by the Council of Europe - Economic Crime and Cooperation Division, in cooperation with the European Commission.

Unit for EU Member States & Neighbourhood

Head of Unit
Edmond DUNGA
Phone: +33 3 90 21 66 52
Fax: +33 (0)3 88 41 39 55
E-mail: Edmond.DUNGA [at] coe.int

Programme Manager
Ms Zahra AHMADOVA
Phone: +33 (0)3 90 21 28 44
Fax: +33 (0)3 88 41 39 55
Email: Zahra.AHMADOVA [at] coe.int

Junior Professional
Ms Sabina SINJEREAN
Phone:+33 (0)3 88 41 2493
Fax: +33 (0)3 88 41 39 55
Email: Sabina.SINJEREAN [at] coe.int

Project Assistant
Mr Simeon SIMEONOV
Phone: +33 (0)3 90 21 58 45 
Email: Simeon.SIMEONOV [at] coe.int