Action against Economic Crime in Albania
Tirana 8 November 2019
The conference entitled “Fighting Corruption and Economic Crime“ will be held at the Law Faculty...
Towards the establishment and functioning of the electronic system for asset declarations in AlbaniaTirana 08 April 2019
The High Inspectorate for the Declaration and Audit of Assets and Conflicts of Interest (HIDAACI)...
Strengthening the criminal justice capacities on “Investigation, Prosecution and Adjudication of Money Laundering” in AlbaniaDurrës, Albania 7 February 2019
During 6-8 February, the joint Council of Europe/European Union Horizontal Facility Programme...
Third training on “Asset tracing and identification for purposes of seizure and confiscation in a criminal case”Albania 10 January 2019
Some 50 representatives from district prosecutor’s offices, regional police directorates, offices...
Action area: Albania
Budget: 800.000 Euro
Funding: European Union / Council of Europe
Implementation: Council of Europe
Duration: 36 Months (as of 24 May 2019)
Background on Horizontal Facility II
The European Union/Council of Europe Horizontal Facility for the Western Balkans and Turkey - phase II (also referred to as: Horizontal Facility phase II or HF II) is a co-operation initiative of the European Union and Council of Europe for South East Europe. The first phase of the Horizontal Facility ran from May 2016 to May 2019, and was succeeded by Horizontal Facility phase II, which will be implemented from May 2019 to May 2022. The second phase of the Horizontal Facility will continue to build on the Statement of Intent signed on 1 April 2014 by the Secretary General of the Council of Europe and the European Union Commissioner for Enlargement and European Neighbourhood Policy, in which both Organisations agreed to further strengthen their co-operation in key areas of joint interest.
The Horizontal Facility includes Albania, Bosnia and Herzegovina, Kosovo*, Montenegro, North Macedonia, Serbia and Turkey. Beneficiaries and counterparts include governmental bodies at all levels, notably specialised structures within the Ministries of Justice, Interior and Finance; anti-corruption bodies; Judicial and Prosecutorial Services, supervisory bodies; Financial Intelligence Units (FIUs), and representatives of civil society.
According to reports issued by Council of Europe monitoring bodies (GRECO and MONEYVAL), as well as EU Progress Reports, all countries in the region continue to suffer from weaknesses in their respective corruption/money laundering/terrorist financing prevention and suppression systems. Identified shortcomings have resulted in 2 participating jurisdictions being listed by the Financial Action Task Force (FATF) as jurisdictions with significant systemic deficiencies.
Action Approach in Albania
The Action against Economic Crime in Albania (AEC-AL) aims at enhancing the rule of law and governance by strengthening economic crime prevention and enforcement tools. It builds upon the results achieved in the implementation of Phase I of the Horizontal Facility by continuing its support to effective implementation of key recommendations of the Council of Europe’s Group of States against Corruption (GRECO) and the Committee of Experts on the Evaluation of Anti-Money Laundering Measures and the Financing of Terrorism (MONEYVAL). The Action aims to achieve this by further strengthening institutional capacities to counter and prevent corruption; money laundering; and the financing of terrorism in accordance with European standards.
The action will focus on supporting the authorities in several directions including:
- Support for the strengthening of legislation and institutional framework to prevent and combat corruption;
- Enhanced criminal asset recovery and asset management;
- Enhanced mechanisms to prevent and suppress ML/TF; and
- Fostered inter- institutional cooperation in combating economic crime.
Overall and Specific Objectives
The overall objective of the action is to contribute to and increase the trust in the rule of law and democracy in Albania through prevention and control of economic crimes in accordance with European and other international standards.
The specific objectives of the action are:
Asset disclosure conflict of interests,lobbying
Intermediate Outcome 1: Improved legal and institutional framework to prevent corruption
- Immediate Outcome 1: Strengthened Regulatory and institutional frameworks of the conflict of interest and asset disclosure
- Immediate Outcome 2: Regulatory framework on lobbying promoted and proposed
Asset recovery and management
Intermediate Outcome 2: Strengthened asset recovery and management practices
- Immediate Outcome 1: Improved Institutional framework for asset seizure and management
- Immediate Outcome 2: Strengthened capacities of authorities to trace and manage criminal assets
- Immediate Outcome 3: International good practices on Non-conviction-based confiscation are promoted and made available
Anti-money laundering and countering the financing of terrorism
Intermediate Outcome 3: Enhanced mechanisms to prevent and suppress ML/TF
- Immediate Outcome 1: Capacity and institutional building for AML Risk-based compliance and supervision concerning financial and non-financial sector
- Immediate Outcome 2: Improved regulatory framework and operational policies on the financing of terrorism
- Immediate Outcome 3: Enhanced capacity to apply targeted financial sanctions to counter financing of proliferation of weapons of mass destruction
- Immediate Outcome 4: Enhance the regulatory framework and capacities of competent authorities on Transparency of Beneficial Ownership
Intermediate Outcome 4: Fostered inter-agency cooperation in combating economic crime.
- Immediate Outcome 1: Enhance tools of inter-agency cooperation concerning investigation and prosecution of money laundering and terrorism financing
- Immediate Outcome 2: Capacities to record and share statistical data relating to criminal investigations strengthened
Implementation and Arrangements
As a key actor in this thematic area, the Council of Europe’s Economic Crime and Cooperation Division (ECCD) is in charge of implementing the activities under HF II-AEC-AL.
For the purpose of implementing various specific activities, the Action engages international experts with demonstrated experience in the field of fighting against economic crime as well as local experts from Horizontal Facility countries in order to ensure that the project delivers high quality assistance to the beneficiaries.
*This designation is without prejudice to positions on status and is in line with UNSC 1244 and the ICJ Opinion on the Kosovo Declaration of Independence.
This webpage has been produced using funds of a joint project between the European Union and the Council of Europe. The views expressed herein can in no way be taken to reflect the official opinion of the European Union.
Economic Crime and Cooperation Division
Action against Crime Department
Information Society and Action against Crime Directorate
Directorate General Human Rights and Rule of Law, DG I
Council of Europe
F-67075, Strasbourg, Cedex, FRANCE
Head of Unit
+ 33 3 90 21 45 50
+33 3 90 21 42 14
Senior Project Officer
+355 4 45 40 219
+355 4 45 40 218