The Action against Economic Crime in North Macedonia organized a training for the staff of the Secretariat of the State Commission for Prevention of Corruption to enhance their understanding of anti-money laundering practices. This type of training proved necessary to the work of the Commission as it acts on reports with  of money laundering where corruption appears as a predicate offence. 

The training equipped the participants with the knowledge and skills needed to effectively combat financial crimes, identify corruption related financial patterns, and ensure legal compliance. This training enhances the Commission’s ability to investigate corrupt individuals and legal entities which exercise public powers, and fostered collaboration with other stakeholders in the fight against corruption.

As part of the training, the participants discussed such topics as  the basics and insights of money laundering through sharing the roles of relevant organisations, practical case studies including cases connected to loan misuse in money laundering and corruption schemes by politically exposed persons, and emerging money laundering trends and money laundering typologies.  Furthermore, the ways of navigating the functions and the impact of MONEYVAL on safeguarding of financial integrity were presented. 

This activity was organised by ‘Action against economic crime in North Macedonia’, within the framework of the European Union/Council of Europe Joint Programme Horizontal Facility for the Western Balkans and Türkiye (Horizontal Facility III), co-funded by the European Union and the Council of Europe and implemented by the Council of Europe.