The project ‘Countering Money Laundering in Albania’ has been supporting Albanian authorities in their ongoing efforts to enhance the effectiveness of anti-money laundering and countering the financing of terrorism (AML/CFT) measures, in line with the standards of the Financial Action Task Force (FATF).
In March and April, targeted workshops and sessions were organised, focusing on money laundering and terrorist financing risk identification, development of national anti-money laundering policies and strategies, use of financial intelligence, investigation of money laundering offences, prosecution and confiscation of criminal assets, and investigation and sanctioning of terrorist financing. These activities included practical exercises and exchanges among national authorities, private sector, and the Council of Europe international experts. Participants reviewed institutional data, co-ordination mechanisms, existing AML/CFT measures, while reflecting on comparative practices.
These activities are part of a broader initiative to strengthen Albania’s AML/CFT framework through ongoing capacity development and institutional systems. By combining targeted advice with practical exercises and comparative insights, the project has supported the ongoing efforts for a more co-ordinated and effective response to money laundering and terrorist financing risks.
This support was rendered in the framework of the project “Countering Money Laundering in Albania” co-financed by the Swiss State Secretariat for Economic Affairs (SECO) and the Council of Europe and implemented by the Council of Europe.
