
May 14 elections/ Berisha reveals how the municipal council candidates will be divided with PL and allies

Local elections/ Berisha convenes the Presidency, here is what is expected to be decided

The meeting ends, SP officially announces the candidates for each district, here are the NAMES

Elections of May 14/ The names are revealed, here are the SP candidates for the Tirana district

The candidates for mayor in Elbasan are revealed, here are the names

SP candidates for the Shkodër region, Elisa Spiropali reveals the names

May 14/ Ben Andoni clears up the scenario and makes a strong warning: There will be a mass boycott, the weakest elections ever held

Scary/ The world on the verge of nuclear war? Putin signed the agreement with Lukashenko: We will put nuclear weapons in Belarus

Albania, again on the gray list for money laundering, FATF gives the alarm: Problem Fiscal Amnesty, must be reviewed, or abandoned as a Government project

Written by SOT.COM.AL 28 Shkurt 2023

Even the year 2023 found Albania again on the FATF and MONEYVAL gray list for money laundering. In the decision-making after the plenary meeting held on February 22-24, the Financial Action Task Force, known as FATF, has concluded that our country has fulfilled its legal obligations, as well as increased the cases of money laundering proceedings, but it is the Fiscal Amnesty which is a strong concern for the future. For this reason, Albania is again on the Gray List of jurisdictions with a high risk for money laundering, which includes countries such as Burkina Faso, the Cayman Islands, Congo, Gibraltar, Haiti, Jamaica, Mozambique, Nigeria, Panama, the Philippines, Senegal, Syria, Tanzania, Uganda, Yemen or Turkey. As of February 2020, the Task Force points out in the summary report, when Albania made a high-level political commitment to work with FATF and MONEYVAL to strengthen the regime and effectiveness against the risk of money laundering, the country has taken steps towards improving this regime, including demonstrating a significant increase in the number of cases processed for money laundering, especially those stemming from crimes committed abroad, and the money was laundered in Albania. However, the Task Force has not yet scheduled a visit to the country to verify the implementation of Albania's reforms in the framework of the fight against money laundering. This, the document emphasizes, as the FATF has concerns over Albania's plans to implement a self-declaration of income program. which does not comply with the principles of the Task Force on Money Laundering Risk Management or best practices in this area. Albania, FATF further emphasizes, must ensure that any amnesty included in the law on self-declaration of income does not create opportunities for individuals or entities to legalize or repatriate assets of illegal origin. "Albania should review the Amnesty draft and work with Moneyval to ensure that any law on self-declaration of income has adequate safeguards to prevent any potential abuse of this program to use it for money laundering. The other alternative is for it to consider abandoning this program entirely," the document states. must ensure that any amnesty included in the law on self-declaration of income does not create opportunities for individuals or entities to legalize or repatriate assets of illegal origin. "Albania should review the Amnesty draft and work with Moneyval to ensure that any law on self-declaration of income has adequate safeguards to prevent any potential abuse of this program to use it for money laundering. The other alternative is for it to consider abandoning this program entirely," the document states. must ensure that any amnesty included in the law on self-declaration of income does not create opportunities for individuals or entities to legalize or repatriate assets of illegal origin. "Albania should review the Amnesty draft and work with Moneyval to ensure that any law on self-declaration of income has adequate safeguards to prevent any potential abuse of this program to use it for money laundering. The other alternative is for it to consider abandoning this program entirely," the document states. "Albania should review the Amnesty draft and work with Moneyval to ensure that any law on self-declaration of income has adequate safeguards to prevent any potential abuse of this program to use it for money laundering. The other alternative is for it to consider abandoning this program entirely," the document states. "Albania should review the Amnesty draft and work with Moneyval to ensure that any law on self-declaration of income has adequate safeguards to prevent any potential abuse of this program to use it for money laundering. The other alternative is for it to consider abandoning this program entirely," the document states.
Most read


The 240 million ALL fund for social enterprises is approved, as a condition for the employment of individuals who are part of social protection schemes

The next government help for the military, the Minister of Defense announces soft loans and new housing options for them

High prices mask producers' difficulties, exports in quantity fell by 2.4% in the 2nd month of 2023

Currency exchange for today/ The dollar and euro increase, what happens to other currencies

The sale of properties in a year of crisis is "boiling", in 2022 Albanians pay 62 million euros in tax, 53% more than in 2021

Citizens pay 46 million euros in taxes from salaries, income tax marked the biggest increase for January

What is happening with foreign currencies in Albania? Get to know the foreign exchange for today

Foreign currencies do not come out of the "cliff"/ Foreign exchange, March 22, 2023

Albanians "give up" coffee, consumption drops
