Financial Crime World

The Impact of Recent Agreements on Trade and Environmental Implications

The Effect on EU Producers

Recent agreements on trade are expected to have a negligible impact on EU producers, with neither significant gains nor losses anticipated. This outcome suggests that the agreements will not substantially alter the market dynamics or competitiveness of EU producers.

Environmental Concerns

However, the environmental implications of these agreements could be substantial, particularly in areas related to land use and deforestation.

Money Laundering in Albania: Key Institutions and Laws

In Albania, money laundering is a significant concern that involves various institutions and laws. The following entities are responsible for monitoring and supervising illegal activities related to money laundering:

  • The Coordination Committee for the Fight against Money Laundering (CCFML): Oversees and coordinates efforts to combat money laundering.
  • The Albanian State Police (ASP): Has a Directorate for Investigation of Economic Financial Crime, which focuses on investigating economic and financial crimes, including money laundering.
  • The General Prosecutor’s Office: Exercises criminal prosecution and brings charge trials in the name of state, handling cases related to money laundering.
  • The General Directorate of Customs: Cooperates with other law enforcement structures and sends reports to prosecutor’s offices for criminal offenses identified in the customs area.
  • The General Directorate of Taxation: Targets crimes in the economic field, including money laundering.
  • The Agency for the Administration of Seized and Confiscated Assets (AASCA): Performs its activity in cooperation with other relevant institutions, handling assets seized or confiscated due to criminal offenses.
  • The High Inspectorate of Declaration and Audit of Assets and Conflict of Interest’s (HIDAACI): Mission is to fight corruption and economic crime through declaration and control of assets of elected and public officials and prevention of conflict of interests in the exercise of their public functions.

These institutions work together to prevent and combat money laundering in Albania.