On 12.02.2025, the Financial Intelligence Agency (FIA) organized an awareness-raising meeting with the Albanian Association of Banks (AAB) on the topic “Education Strategy on the Risk of Preventing Money Laundering and Terrorism Financing in Society”.

Representatives of the  emphasized the important role that banking institutions play , not only in implementing measures to prevent money laundering and terrorism financing but also in the crucial role that this sector should play in financially educating clients about the risks posed by this phenomenon in our society.

Additionally, FIA also thanked the Albanian Association of Banks for its effective role in the Inter-Institutional Technical Working Group (ITWG)   as well as for its contribution to the drafting of the “National Strategy for the Prevention of Money Laundering and Terrorism Financing 2024-2030”.

During the meeting, the participants were introduced to the innovations developments brought about by the adoption of Instruction No. 1/2025  “On the Methods and Procedures for Implementation by Entities Involved in Financial Activities” and the measures that financial institutions must take in implementing this instruction.

Among those present, there was a discussion about the challenges that this sector faces and the important role that cooperation and coordination between the responsible authority and financial institutions have play, both in real-time information exchange and in effective collaboration to prevent new technological challenges where raising awareness of professional capacities is one of the main priorities.

At the end of the meeting, the AAB Association and representatives of the FIA committed to continuing joint meetings both with representatives of the banking sector  and beyond, . as part of implementing the financial education strategy.