Ministries

The Anti-Money Laundering and Counter-Terrorist Financing (AML/CFT) Directorate within the Ministry of Justice is responsible for national coordination with all stakeholders. It prepares the National Strategy and National Risk Assessments, while also ensuring coordination with the Financial Action Task Force (FATF).

Additionally, it contributes to the development of the legal and regulatory framework for combating money laundering and terrorist financing.

The Ministry of Finance oversees the regulation of the financial sector and relations with international financial institutions. In cooperation with the Ministry of Justice, it develops the legal and regulatory framework for AML/CFT prevention and the supervision of financial sector entities.

The Ministry of Finance is also responsible for the legal framework concerning international financial sanctions and handles all matters related to their implementation by obliged entities.

In addition to the Ministries of Justice and Finance, the following ministers also play a role in AML/CFT matters:

• The Minister responsible for Internal Security,
• The Minister responsible for Foreign and European Affairs,
• The Minister responsible for Development Cooperation,
• The Minister responsible for Business Licensing.