Workshops for obliged entities of the Law on Prevention of Money Laundering and Financing of Terrorism

Ministry of Finance - Administration for the Prevention of Money Laundering and the Serbian Chamber of Commerce organized three workshops for obliged entities of the Law on Prevention of Money Laundering and Financing of Terrorism. The workshops were organized in Belgrade, from 24 to 26 of February 2020, having, as a main topic, the presentation of amendments to the Law on Prevention of Money Laundering and Financing of Terrorism and obligations under the Law on Restriction of Disposal of Property in order to prevent terrorism and proliferation of weapons of mass destruction.

The aim of these workshops was to ensure better preparation of obliged entities (investment fund management companies, voluntary pension fund management companies and broker-dealer companies) for the implementation of amendments to the Law, in particular in the area of ​​licensing of authorized persons.  

Representatives of the Administration for the Prevention of Money Laundering and representatives of the National Bank of Serbia spoke about the novelties in the legal solutions at these round tables.

The workshop was organized within the framework of Project “EU Support to Serbia in Prevention of Money Laundering”, funded by the European Union. Project beneficiary is the Ministry of Finance - Administration for the prevention of Money Laundering, and the project is implemented by a consortium led by KPMG.