Estonia's Ministry of Finance announced that proceeds from fines will be used to strengthen the prevention, detection and investigation of financial crime, including money laundering, cybercrime and terrorist financing. The programme also funds public awareness work and the development of procedures for freezing and confiscating criminal proceeds, including through international cooperation, and is positioned as reinforcing Estonia–United States cooperation on combating financial crime. A commission comprising the chancellors of the Ministry of Justice and Digital Affairs, the Ministry of Finance and the Ministry of the Interior, with a US representative as an observer, will steer project selection and implementation. In the first funding round, nine proposals with a combined cost of EUR 25.7 million were supported, covering corruption prevention (including a strategic framework), awareness-raising on financial fraud, improved tracing, freezing and confiscation of criminal assets, enhanced cybercrime enforcement capabilities, better identification and analysis of crypto-derived proceeds, and stronger financial supervision for more effective anti-money laundering outcomes. Delivery involves the Prosecutor’s Office, Police and Border Guard Board, Tax and Customs Board, Environmental Board, Internal Security Service, Academy of Security Sciences, the Financial Supervision Authority (Finantsinspektsioon), and the three ministries represented on the commission, including work to equip the tax authority to obtain information on crypto-asset transactions for tax collection and data exchange linked to related offences.

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