These efforts were part of the project “Responding to the Threat of Corrosive Capital in Armenia: Enhancing Coordination between the Public and Private Sectors,” funded by UK International Development from the UK government. By focusing on practical, sector-driven solutions, the initiative helped build long-term resilience and foster stronger coordination between public and private actors.
Collective Impact
- Over 190 private sector professionals trained
- More than 90 companies represented across the sessions
- 10+ follow-up mentorship sessions delivered to support policy development, risk assessment, and due diligence procedures
Program Highlights by Sector
- Union of Banks of Armenia: provided advanced training and institutional mentorship to representatives of all Armenian banks. Read more on LinkedIn.
- Association for Credit Organizations of the Republic of Armenia (ACORA): delivered compliance training and structured mentorship.
- Corporate Governance Center and Business Integrity Club: offered theory and practice-based training, webinars, and one-on-one guidance. Read more on LinkedIn.
- Real Estate Agencies Association of Armenia (REAAA): focused on sector-specific risks and FATF implementation tools. Read more on LinkedIn.
- Union of Employers of Information and Communication Technologies (UEICT): addressed digital economy vulnerabilities with tailored support. Read more on LinkedIn.
These June 2025 initiatives underscore Armenia’s growing commitment to safeguarding its economy from the threats posed by illicit finance and corrosive capital. Through CIPE’s support—and in alignment with international standards—these targeted efforts are helping build a more transparent, accountable, and secure investment environment.
The activities were made possible as part of the broader CIPE project “Responding to the Threat of Corrosive Capital in Armenia: Enhancing Coordination between the Public and Private Sectors,” funded by UK International Development from the UK government.