meta_id 3077754

On April 10, 2026, Albania's Financial Intelligence Agency published a draft law on the "Prevention of Money Laundering and Terrorist Financing" for public consultation. The draft law establishes a comprehensive national regulatory framework aligned with European Union standards and international best practices to combat money laundering and terrorist financing. The draft law introduces several key provisions. It establishes measures targeting high-risk sectors and sets requirements for the registration, identification, and verification of senior management of obliged entities. The legislation addresses the identification and assessment of national-level risks to strengthen Albania's anti-money laundering and counter-terrorism financing (AML/CTF) framework. The draft law defines rules governing access to beneficial ownership registers, bank accounts, and real estate information to enhance transparency and oversight across the financial system. It clearly delineates the responsibilities and functions of the Financial Intelligence Agency and supervisory authorities in implementing and enforcing these measures. The law also emphasises inter-institutional cooperation and international collaboration, including engagement with European Union and foreign counterpart authorities to support cross-border compliance and information sharing. The Financial Intelligence Agency invites all institutions, reporting entities, stakeholders, and members of the general public to submit comments, suggestions, and contributions on the draft law. Responses should be submitted via the public consultation portal at https://www.konsultimipublik.gov.al/Konsultime/Detaje/957. The consultation period and response deadline have not been specified in the available information.