The Central Bank of the Republic of Kosovo (CBK) supported by the European Union Office in Kosovo and together with the responsible institutions for the fight of counterfeit currency, have taken an important step to strengthen the country’s capacity to prevent and fight counterfeit currency. This effort is part of a project funded through the EU’s TAIEX program.

The main objective of the project is to bring Kosovo’s approach in line with European Union standards by:

– Strengthening the legal and institutional framework against counterfeiting;

– Establishing the national anti-counterfeiting centers;

– Developing a new monitoring system for counterfeit currency; and

– Increasing cooperation with both national and international stakeholders.

With experts support from the Croatian National Bank engaged through the TAIEX program, this project was implemented successfully in the period of October 2024 – April 2025.

One of the major deliverables under the project was the development of the draft Law on prevention and counterfeit of currency in Kosovo, which was developed with the active participation of all key institutions in the system, which outlines the roles and responsibilities across key sectors and institutions, which will be processed further in line with the legislative process.

The purpose structure will cover the establishment of several centers, such as:

1. National Counterfeit Centre (NCC), at the Central Bank of the Republic of Kosovo;

2. National Central Office (NCO), to operate within the Kosovo Police;

3. National Analysis Centre (NAC), within the Kosovo Forensic Agency;

4. Coin National Analysis Centre (CNAC), also within the Kosovo Forensic Agency; and

5. Counterfeit Monitoring System (KCMS), designed to support currency counterfeit cases through information reporting and tracking.

The project contributed significantly to building up the capacities of the national authorities to detect, track, and prevent counterfeit currency more effectively, and the above activities aim to improve the coordination and effectiveness of Kosovo’s response to counterfeit currency, ensuring greater security and strengthening public confidence in the financial system.

Governor Ismaili received in Paris by the Chairperson of the European Banking Authority (EBA), Mr. José Manuel Campa Annual Meeting of the Economic and Financial Dialogue (ECOFIN) with regional partners held