PGG III: Enhancing national capacities for effective prevention and fight against economic crime in Armenia
The project aims to support further improvements of the legislative and institutional framework against corruption, money laundering and economic crime in Armenia and ensure the effectiveness of its implementation. Focus will be placed on anticorruption education, improving the knowledge of public officials, and raising public awareness in the field of preventing corruption and integrity.
Additionally, it aims to strengthen the coordination mechanisms between anticorruption bodies and making effective use of international cooperation and mutual legal assistance tools. The project will address specific needs for the assessment of money laundering and terrorism financing risks, and their mitigation, in emerging risk sectors.
This project is implemented within the third Phase of the joint programme of the European Union and the Council of Europe “Partnership for Good Governance” running from 2023 until 2026. It builds on the results of the previous phases of the Partnership for Good Governance in the field of countering economic crime (Phase I 2015-2018 and Phase II 2019-2023).
The overall objective of the project is to support further improvement of the legislative and institutional framework against corruption, money laundering and economic crime in Armenia, and ensure the effectiveness of its implementation.
The project has the following specific objectives:
1. Strengthen legislative, strategic, and institutional frameworks and capacities for the effective prevention of corruption.
2. Increase effectiveness of detection, investigation, prosecution, and adjudication of corruption-related offences.
3. Advance legislative and institutional frameworks and increase technical capacities in anti-money laundering, countering terrorism financing and related asset recovery.
The project is expected to achieve the following results:
1. Developed and harmonized legal and institutional framework and tools against corruption, in line with recommendations provided by the Group of States against Corruption (GRECO).
2. Improved awareness, understanding and application of the integrity system and anticorruption measures among public servants and the larger public.
3. Strengthened capacities of law enforcement and judiciary authorities to investigate, prosecute, and adjudicate corruption-related offences.
4. Enhanced effectiveness of inter-agency and international cooperation against economic crime.
5. Improved legal framework on anti-money laundering, combating financing of terrorism and asset recovery.