Albania: EU-Funded Project to Boost Regulatory Bodies Against Financial Crimes

Strengthening Anti-Corruption and Anti-Money Laundering Measures in Albania

A new project, Action against Economic Crime in Albania (AEC-AL), has been launched with a total budget of €800,000. The project is part of the European Union’s Horizontal Facility program, aiming to increase trust in the rule of law and democracy in Albania.

Partnerships and Objectives

The project will work closely with various government bodies, including:

• Parliament of Albania
• Ministry of Justice
• Ministry of Interior
• Bank of Albania
• Civil society organizations
• Private sector entities

The goal is to support authorities in implementing recent recommendations from international monitoring bodies, such as the Council of Europe’s MONEYVAL and GRECO. The project aims to achieve key results, including:

Key Areas of Focus

• Strengthening legislation and regulatory frameworks
• Institutional capacity building
• Enhanced inter-agency and international cooperation

The project will focus on several areas to prevent and combat corruption, money laundering, and countering terrorist financing.

Expected Results

• Improved legislation and institutional framework to prevent and combat corruption, money laundering, and countering terrorist financing
• Strengthened asset recovery and management practices

Funding and Support

The European Union and the Council of Europe have jointly funded the project with a budget of €800,000. The project is part of the overall Horizontal Facility program worth around €41 million.

Contact Information

For more information about the project, please visit the Economic Crime Division website or contact:

• Marija Simić, Horizontal Facility Communication Officer
  • email: [email protected]
  • phone: +381 63 601 337