Bosnia and Herzegovina: continued lack of progress in anti-money laundering / counter-terrorist financing legislation

Publication details

Language

English

French

Country

Bosnia and Herzegovina

Topic

High-risk and other monitored jurisdictions

Bosnia and Herzegovina: continued lack of progress in anti-money laundering / counter-terrorist financing legislation

The publication of this MONEYVAL statement on the FATF website does not constitute an official endorsement by the FATF. However, this public statement contains relevant information that countries and the private sector, as part of their implementation of the risk-based approach, should be aware of.

MONEYVAL issues a revised public statement on Bosnia and Herzegovina

The Council of Europe’s anti-money laundering body MONEYVAL today adopted, at its 45th plenary meeting (15-19 September), a public statement under Step 3 of its Compliance Enhancing Procedures in the light of continued lack of progress on legislation to address MONEYVAL’s concerns.

The Committee noted that Bosnia and Herzegovina has amended the Anti-Money Laundering and Counter Financing of Terrorism Law, which came into force on 25 June 2014. However, the required amendments to the Criminal Code have still not been adopted.

MONEYVAL urges Bosnia and Herzegovina to immediately and meaningfully address its deficiencies on its anti-money laundering and counter terrorist financing legislation, in particular by adopting necessary amendments to its Criminal Code.

 

See also: Bosnia and Herzegovina: lack of progress in adopting necessary legislation. 

For more information, see the MONEYVAL website. 

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