Anti-corruption & Investigations
Corruption is defined as the abuse of entrusted power, authority or influence for private gain. It is considered as one of the most challenging obstacles for economic and social development. Corruption might impose significant additional costs of doing business in many developing countries, such as North Macedonia.
In 2018, North Macedonia made a step forward towards fighting corruption by enacting new legislation for anti-money laundering and prevention of financing terrorism, which is developed in accordance with EU Law standards. The aim of the new legislation is the provision of measures, activities and procedures which the subjects, competent authorities and bodies should undertake in order to uncover and prevent money laundering or other related criminal activities and prevent funding terrorism.
Our team of lawyers provide legal support and assistance in compliance with anti-money laundering laws and regulations, including drafting and revision of internal acts and documents, risk assessment of money laundering and financing of terrorism, as well as support in third-party compliance audits and other legal services which might be needed for compliance with anti-corruption regulations and investigations in North Macedonia,
- Drafting of internal framework
- Compliance checks and training
- Support in internal compliance investigations