The objective of the assignment is provision of technical assistance to the government of Ethiopia in order to support the development of Ethiopia’s institutional capacity in anti-money laundering (AML), combating the financing of terrorism (CFT), while contributing to full compliance with FATF standards.
It is further an objective to, throughout the program, to support the institutional capacity of both Ethiopian Financial Intelligence Centre (EFIC) and the federal attorney general (AG) by deeding their capacity to deter, detect and punish facilitators, initiators and beneficiaries of illicit financial flows.
As a part of the Danish peace and stabilisation program for the horn of Africa, Denmark will provide support to the thematic program on promote exercise of authority across regional land and maritime borders. In order to ensure sustainability and effective interventions, the capacity building and in the form of technical assistance to the relevant Ethiopian government institutions has been included.
Improving the national legal framework through different activities including drafting new legislation and amending the existing legislation based on the dynamic nature of the international system is another objective.