Financial Crime World

Title: COE-EU Partnership: Boosting Georgia’s Financial Crimes Fighting Capabilities

Introduction

The European Council of Europe (CoE) and the EU’s partnership for Good Governance (PGG) have launched a new project to strengthen Georgia’s capabilities in preventing and suppressing money laundering and terrorist financing. This component, one of the four National Components of the PGG programme, uniquely focuses on financial crime prevention.

Project Overview

  • Primary goal: Enhance Georgia’s Anti-Money Laundering and Counter-Terrorist Financing (AML/CFT) system as per European and international standards.
  • Objectives: Improve legislation, institutional frameworks, skills, and operational capabilities for a robust AML/CFT system.
  • Mission: Equip Georgia with necessary tools and knowledge to effectively combat financial crimes.

Key Personnel

Project Headquarters, Strasbourg, France

  1. Mr Mustafa Ferati, Head of Unit I [+33 (0)3 90 21 52 06 (phone), +33 (0)3 88 41 39 55 (fax), Mustafa.FERATI [at] coe.int (email)]
  2. Ms Zahra Ahmadova, Programme Co-ordinator [Tel: +33 (0)3 90 21 28 44, Previous contact details]
  3. Ms Natia Jgenti, Project Co-ordinator [Same contact details as Ms. Ahmadova]

Project Co-ordinator Office, Tbilisi, Georgia

  • Ms Tea Zarnadze [+995 322913870/71/72/73 (phone), Tea.ZARNADZE [at] coe.int (email)]

Address

Council of Europe Office in Tbilisi Pixel Business Centre - 8th floor 34 Chavchavadze Avenue 0179 Tbilisi Fax: +995 (32) 291 38 74 Email: informtbilisi[at] coe.int

Conclusion

The COE-EU PGG-GE Project is a significant step in the partnership’s endeavour to combat financial crimes and boost economic security in Eastern Partnership countries. Addressing the root causes of money laundering and terrorist financing shall create lasting, positive change in these regions.