The joint European Union and the Council of Europe Action against Economic Crime in Albania, in co-operation with the Financial Intelligence Agency, concluded a series of focus groups meetings with responsible Albanian institutions and private sector entities to review the draft National Risk Assessment  on Money Laundering and Terrorist Financing.

Prepared by the Financial Intelligence Agency according to the Council of Europe methodology, the National Risk Assessment will help the relevant authorities to identify, assess and address its money laundering and terrorist financing risks in a coordinated manner.

Valuable insights provided by the representatives of law enforcement agencies and supervisors of financial and non-financial institutions from public and private sector will ensure that the final National Risk Assessment report is comprehensive, and its results are realistic, accurate and supported by all relevant stakeholders.

The Action will continue supporting public authorities for the finalisation of the National Risk Assessment Report which will serve as the basis for the 3-year Action Plan on the fight against Money Laundering and Financing of Terrorism in Albania.

The Action against Economic Crime in Albania is part of the Horizontal Facility for the Western Balkans and Türkiye III, a joint programme of the European Union and the Council of Europe, which aims at assisting Beneficiaries in the Western Balkans region and Türkiye to comply with the Council of Europe standards and the European Union acquis in the framework of the enlargement process, when relevant.