The Council of Europe/European Union Horizontal Facility II Action against Economic Crime in North Macedonia continues to support beneficiaries in strengthening AML/CFT legislative and policy framework. In addition to assistance with updating the National Risk Assessment (NRA) last year, the Action is contributing to the development of a new National Anti-Money Laundering and Combating Financing of Terrorism (AML/CFT) Strategy. To this end, key representative of the Financial Intelligence Office, Council of Europe expert and the Action team discussed and agreed, through a video conference, on the next steps in this direction. National Working Group will be formed to draft the new AML/CFT Strategy based on the findings of the updated NRA. The draft will be shared with the Council of Europe consultant for further comments and recommendations for finalisation.
The Action against Economic Crime in North Macedonia will also support beneficiaries in the revision of the AML/CFT law in line with the findings of the updated NRA.