Albanian CSOs seek to improve risk assessment processes
CSOs work together to bolster relationships between themselves, the government, supervisory bodies, and financial institutions, to limit harmful AML/CTF measures. In Albania, all CSOs are considered high-risk entities for anti-money laundering and counter-terrorism financing (AML/CFT) purposes. They have joined forces with the tax authority and other actors from the state and financial institutions to develop methods to improve these regulations. Klotilda Kosta, Director of Programs at Partners Albania for Change and Development, describes what PA together with other CSOs are doing to create change.