Money laundering and terrorism, Albania out of the black list

"Albania will not be part of the group of countries that are under constant monitoring for money laundering and financing of terrorism". This is what the report of Onsite Team group of ICRG says.



The report, which was discussed and approved at the next session of the ICRG in Paris, on February 24-25th reflects the results at the end of a one-year-work.



Albania is a country that has fulfilled all deficiencies reported in years by the FATF (Financial Action Task Force), which monitors the implementation of measures against money laundering and financing of terrorism in the world. Member States of this group have praised the efforts made by Albania in this regard.



According to the report, Albania addressed the items in the action plan and that "implementation has begun and is being supported by the government", whose representatives, according to the same source, "has shown a strong commitment to their duties".



This result is the logical consequence of the reforms undertaken over the past two years, reforms that have already improved Albania's image, not only in the eyes of international institutions, but also in the eyes of foreign investors.



The strong commitment of the Albanian Government to mark the outcomes of the legal and financial sector, has made the country more reliable, which means more domestic and foreign investment, higher rates of economic growth and employment.