Technical Support Instrument (TSI) Programme - Slovakia
Technical Support Instrument (TSI) Project on: “Enhancing the effectiveness of the anti-money laundering framework in Slovak Republic”
- Updating the ML/TF National Risk Assessment (NRA);
- Introducing a risk-based approach for virtual assets;
- Enhancing the cooperation among the Financial Intelligence Unit (FIU), law enforcement agencies (LEAs) and supervisors;
- Improving the strategic analytical capacity of the FIU;
- Improving the effectiveness of confiscation measures;
- Developing a methodology for the verification of beneficial owners of legal entities;
- Enhancing the capacities of the supervisory authorities in applying a risk-based approach.
Areas of specific focus include guidance on updating the AML/CFT NRA, conducting sectoral risk assessments and improving the national Action Plan; recommendations for developing requirements for the exchange of information between FIU, LEAs and supervisors, for developing FIU’s strategic analysis function, improving the effectiveness of confiscation measures, etc.
The total project budget is 522,222 Euros. The project is co-funded by the European Union via the Technical Support Instrument and Council of Europe and is and implemented by the Council of Europe (Economic Crime and Cooperation Division), in cooperation with the European Commission.
More information on the cooperation between the EC DG REFORM and the Council of Europe can be found here.
- Project Summary
- Reports
- Deliverables
Enhancing money laundering risk assessments in the banking sector in Slovakia
Within the support provided to the enhancement of the Slovak anti-money laundering and countering the financing of terrorism (AML/CFT) system, the Council of Europe produced methodological guidance for the assessment of money laundering and terrorist financing (ML/TF) risks in the Slovak banking...
Project stakeholders meet to discuss results and follow-up
The stakeholders of the Technical Support Instrument (TSI) Project on “Enhancing the effectiveness of the anti-money laundering framework in Slovakia” gathered for their final Project Advisory Board (PAB) Meeting in Bratislava, on the 10th of November 2023. The meeting aimed to provide the PAB...
Promoting enhanced regulation of virtual asset service providers in Slovakia
Following previous efforts towards the assessment of money laundering and terrorism financing risks related to virtual assets and virtual asset service providers, the Financial Intelligence Unit of the Police Force Praesidium (FIU) of the Slovak Republic has developed an initial understanding of...
Unit for Eastern and Southeastern Europe (E & SEE)
Head of Unit
M. Evgeni EVGENIEV
Phone: +33 (0)3 88 41 25 11
Fax: +33 (0)3 88 41 39 55
E-mail: Evgeni.EVGENIEV [at] coe.int
Programme Manager
Ms Danae ISSA
Phone: +33 (0)3 90 21 22 54
Email: Danae.ISSA [at] coe.int
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