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Albania Strengthens Anti-Corruption and Anti-Money Laundering Laws

TIRANA, ALBANIA - October 2022

The Albanian government has taken a significant step towards strengthening its anti-corruption and anti-money laundering laws with the establishment of new regulatory bodies. The Action against Economic Crime in Albania (AEC-AL) aims to bring Albania’s financial crime regulations in line with European standards, boosting trust in the country’s rule of law and democracy.

Key Objectives

• Strengthen legislation and regulatory frameworks to prevent and combat corruption, money laundering, and countering terrorist financing
• Improve institutional capacity building and enhance inter-agency and international cooperation

Partnerships and Support

The project will work closely with various government agencies, specialized institutions, and supervisory bodies, including:

• Ministry of Justice
• Ministry of Interior
• Ministry of Finance
• Prime Minister’s Office
• High Inspectorate on Declaration and Audit of Assets and Conflicts of Interest (HIDAACI)

Project Funding

The total budget of the Action is 800,000 EUR, with funding provided by the European Union and the Council of Europe.

Learn More

For more information on the project, visit the Economic Crime Division website at www.coe.int/econcrime or contact Marija Simić, Horizontal Facility Communication Officer, at [email protected] or +381 63 601 337.