Financial Intelligence Agency

Meeting of the Interinstitutional Technical Working Group (ITWG)

The meeting of the Technical Inter-Institutional Working Group (ITWG) was held on 25.01.2024, in implementation of the decision approved in the Coordinating Committee of the Fight Against Money Laundering (CCFAML) dated on 27 December 2023.

This meeting was attended by representatives from the member institutions of the CCFAML such as the Ministry of Finance, the Ministry for Europe and Foreign Affairs, the Ministry of Defense, the Ministry of the Interior, the Ministry of Justice, the General Prosecution’s Office, the Special Prosecution’s Office, the National Bureau of Investigation, the Service State Information, General Directorate of the State Police, Bank of Albania, Financial Supervision Authority and HIDDA; other important public institutions such as the General Directorate of Taxes, the General Directorate of Customs, the National Business Center, the Public Supervisory Board, the State Cadastre Agency and the Gambling Supervisory Authority, as well as representatives from the private sector such as the National Chamber of Notaries, Albanian Association of Banks, NAREA, IEKA, Association of Foreign Exchange Agencies (AFEA) and the Builders’ Association whose representation constitutes innovation for the composition of similar groups established earlier.

In this meeting, the following ITWG’s priority tasks of for the year 2024 were approved:

  • Drafting of the national strategy “For the prevention of money laundering and terrorism financing 2024-2028” and its action plan (approval in the Coordinating Committee of the Fight against Money Laundering within the month of June 2024);
  • Preparation for the 6th evaluation round by the Moneyval Committee;
  • Following the implementation of the National Risk Action Plan;
  • Establishment of 3 working subgroups:
    • subgroup I “For virtual assets”;
    • subgroup II in the field “On the collection and quality of information for criminal investigations related to ML/TF”;
    • subgroup III “For risk analysis related to the categories of NGOs that are more vulnerable for the misuse or abuse for terrorism financing”.