Serbia: Government Adopts Money Laundering and Terrorist Financing Risk Assessment

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August 20 2018

On 31 May 2018, the Government of the Republic of Serbia adopted the national Money Laundering and Terrorist Financing Risk Assessment (ML/TF Risk Assessment). The assessment is a result of cooperation among relevant state authorities and representatives of the private sector (financial and non-financial), and was carried out in line with the World Bank methodology. The NBS participated in the assessment of vulnerability of a part of the Serbian financial system subject to its supervision, i.e. the sectors of banking, insurance, financial leasing, voluntary pension funds, payment institutions and electronic money institutions.