Albania's progress in strengthening measures to tackle money laundering and terrorist financing

Publication details

Language

English

Country

Albania

Topic

Mutual Evaluations

Albania: Follow-Up Report 2022

Filename: MONEYVAL-Follow-Up-Report-Albania-2022.pdf
Size: 489 KB
Format: application/pdf

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Overall, Albania has made progress in addressing the TC deficiencies identified in its Mutual Evaluation Report and has been re-rated on three Recommendations.

Recommendations 24 and 26 initially rated as Partially Compliant are re-rated as Largely Compliant.
Recommendation 38 initially rated as Partially Complian is re-rated as Compliant

Albania is encouraged to continue its efforts to address the remaining deficiencies.

Albania will remain in enhanced follow-up and will continue to report back to MONEYVAL on progress to strengthen its implementation of AML/CFT measures.

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9 Aug 2021

Albania's progress in strengthening measures to tackle money laundering and terrorist financing This report analyses Albania’s progress in addressing the technical compliance deficiencies identified in the FSRB assessment of their measures to combat money laundering and terrorist financing of July 2018.
20 Dec 2018

Albania's measures to combat money laundering and terrorist financing This report provides a summary of AML/CFT measures in place in Albania as at the date of the on-site visit (1 to 14 October 2017). It analyses the level of compliance with the FATF 40 Recommendations and the level of effectiveness of Albania’s AML/CFT system, and provides recommendations on how the system could be strengthened.

Committee of Experts on the Evaluation of Anti-Money Laundering Measures (MONEYVAL)

Mutual Evaluations

The FATF conducts peer reviews of each member on an ongoing basis to assess levels of implementation of the FATF Recommendations, providing an in-depth description and analysis of each country’s system for preventing criminal abuse of the financial system