One outcome of this process was that all EU countries had to prepare National Reform Programmes (NRPs) outlining steps for structural reform for the period from 2005 to 2008.
AMCM is responsible for AML/CFT in the financial sector. The Financial System Act carries such provisions as well. Specific guidelines to this effect were first issued in 1996 and revised in 2002. In 2006, the revised and amended guidelines based on the most up-to-date local legislations and international standards were issued.