The Finance Ministry has published Administration Guide Journal ( No. 03-2026, through which the 2018 instruction on national risk assessment and money laundering is complete and changed.
The new guidance, signed by Finance Minister Iron Murati, stipulates additional requirements for reporting institutional structure and procedures related to preventing these works.
Through Article 3 of the direction, two new paragraphs, 1.6 and 1.7, have been added to Article 4 of the base act.
Paragraph 1.6 envisions reporting on the institutional structure and general procedures of the system for preventing money laundering and fighting terrorist financing.
This report includes the Financial Intelligence Unit, tax authorities and prosecutors, as well as the data on human and financial resources shared for these institutions as much as information is available.
Meanwhile, paragraph 1.7 stipulates reporting on national efforts and resources anchored in the fight against money laundering and financing of terrorism, including the number of employees and the divided budget.
According to the Ministry of Finance, the changes are aimed at completing the directive of 2018 and full transmission of the European Union’s 2015/849 directive changed (EU) 2018/843.
These directives are related to preventing the use of a financial system for money laundering and financing terrorism.
The signal where the truth speaks before the news!
Source Layer: Signal