FATF: Serbia among 11 high-risk countries

In the latest report compiled by FATF (Financial Action Task Force), Serbia is ranked among 11 high risk countries in terms of money laundering and financing terrorist organizations.

Other high-risk countries include North Korea, Ethiopia, Syria, Iraq, Iran, Sri Lanka, Trinidad and Tobago, Tunisia, Yemen and Vanuatu with North Korea and Iran designated as the countries requiring an urgent “call for action”.

Despite the poor ranking, the report states that Serbia has made a high-level political commitment to work with the FATF and MONEYVAL to implement its action plan to accomplish the anti-money laundering objectives.

The Financial Action Task Force (on Money Laundering) (FATF), also known by its French name, Groupe d’action financière (GAFI), is an intergovernmental organization founded in 1989 on the initiative of the G7 to develop policies to combat money laundering. In 2001 its mandate expanded to include terrorism financing. 

(Gde Investirati,  25.02.2018)



This post is also available in: Italiano

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