Council of Europe

MOLI Serbia: Project against Money Laundering and Terrorist Financing in Serbia

Organised crime, corruption and money laundering are serious threats to economies, democracy and the rule of law across the world. South-Eastern Europe is particularly vulnerable to these threats due geographical, political and historical reasons. Criminal activity generates proceeds the amount of which is difficult to ascertain. Yet, money laundering alone costs the Serbian economy between 3%-5% of GDP every year.

Following the expression of interest by the Serbian government and with the funding from the European Commission under IPA 2010, the Council of Europe will soon launch (as from 15 November 2010), a new technical assistance Project against Money Laundering and Terrorist Financing in Serbia (MOLI-Serbia). The project’s duration will be of 36 months. The total amount of funds of the project is 2,200.000 Euro (90.91% EU funds and 9.09% CoE funds). This project builds on the results and recommendations of the previous joint project funded by the European Union and implemented by the Council of Europe, PACO-Serbia (2005-2007).

MOLI-Serbia’s overall objective is to contribute to democracy and the rule of law through prevention and control of money laundering and terrorist and other forms of economic and financial crime in Serbia. The purpose of the Project is to enhance the capacities of the anti-money laundering and counter-terrorist financing system in Serbia in terms of legislation, operations and capacities.

Study visit to the EUROPOL and Belgian Federal Police (The Hague and Brussels, 2-6 April 2012)

[11 April 2012, Strasbourg] MOLI Serbia Project organised a five-day study visit to the EUROPOL Headquarters in The Hague, Netherlands, and the Belgian Federal Police in Brussels, Belgium, for the analysts of the Serbian Administration for the Prevention of Money-laundering and the Serbian Financial Investigation Unit. During the visit to these institutions between 2 and 6 April 2012, the Serbian delegation had an opportunity to hear about strategic and operational analysis, and learn the appropriate methodology on writing strategic reports.
Agenda

---

Conference on Combating Money Laundering and Terrorism Financing in the Securities Market (28-30 March 2012, Aranđelovac)

[11 April 2012, Strasbourg] MOLI Serbia Project organised a three-day Conference on Combating Money Laundering and Terrorism Financing in the Securities Market, which took place on 28, 29 and 30 March 2012 in Arandjelovac, Serbia. More than seventy representatives of custody banks, broker-dealer companies and investment funds were be trained in AML/CFT compliance regime in securities market and discussed improving effectiveness of the system. The conference also contributed to creation of a dedicated AML committee and association representing the compliance professionals of the securities market sector.

Agenda

Initial Workshop on National Risk Assessment (Belgrade, Serbia, 18-20 January 2012)

[12 January 2012, Strasbourg] MOLI-Serbia Project is organising an Initial Workshop on National Risk Assessment in the Republic of Serbia, which will take place from 18-20 January 2012, in Hotel Continental in Belgrade. The initial workshop has been jointly organized by the Council of Europe (CoE) and the World Bank (WB) and in cooperation with the Administration for the Prevention of Money Laundering of the Republic of Serbia (APML). The Organization for Security and Co-operation in Europe (OSCE) is facilitating the participation of representatives from other countries of the region (Albania, Bosnia and Herzegovina, Croatia, FYR of Macedonia, Montenegro, and Slovenia) as observers. The workshop is aiming to introduce the World Bank’s National ML Risk Assessment Methodology and Models, to start the assessment process and to identify the needs for further information and data collection to fully complete the NRA. 

Agenda
Photos

MOLI Serbia Project organised a multi-agency study visit to Tallinn, Estonia and Vilnius, Lithuania between 22 and 25 November 2011 with the aim of gaining an insight into best practices on money laundering and terrorist financing in the Baltic countries. The Serbian delegation, consisting of representatives of the Administration for the Prevention of Money Laundering (APML), National Bank of Serbia, State Public Prosecutor’s Office and Customs Administration, held bilateral meetings with Estonian and Lithuanian Financial Intelligence Units, Financial Supervision Authorities, Law Enforcement Agencies and Central Banks.

Agenda

Photos

Agenda

Agenda

Photos

Agenda

Participants

Minutes

Conference on Money Laundering and Financing of Terrorism in Serbia (Belgrade, Serbia, 31 May 2011)

The Council of Europe and the European Union held a high-level Conference on Prevention of Money Laundering and Terrorist Financing in the Context of Serbia’s Role in European Integration, which marked the start of the MOLI-Serbia Project. The Conference was held at Hotel Continental in Belgrade on 31 May 2011. The Conference was opened by Prime Minister Mirko Cvetkovic, Head of the Delegation of the European Union to Serbia H.E. Ambassador Vincent Degert, and Director of Co-operation of the Council of Europe Marja Ruotanen.

Agenda English
Media Advisory English
Pictures

1st Steering Committee meeting and the start-up workshop (Belgrade, Serbia, 24 March 2011)

The MOLI-Serbia project’s 1st Steering Committee meeting and the start-up workshop took place in Belgrade on 24 March 2011. The participants of the workshop discussed the proposed workplan of activities and approved the final version of it. The members of the Steering Committee were also presented to the workshop and confirmed by the latter. The workshop also decided to hold a high visibility event in May 2011 to raise awareness about the money laundering and terrorism financing issues in Serbia.

Agenda English
List of participants
Minutes

Agenda  English
Workplan Minutes English
Participant List