Action against economic crime

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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 projectís 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-Serbiaís 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.


NEWS...


Activities in the past:

Workshop on Terrorism Financing Risk Assessment
(Belgrade, Serbia, 27 February 2014)

On 27 February, MOLI Serbia organised an initial Workshop on Terrorism Financing Risk Assessment. This activity was a continuation of the National Risk Assessment process, which  focuses on the assessment of risk of Terrorism Financing in Serbia. Mr Terence Donovan, CoE Expert, guided the local authorities through the process of data collection, with an aim to complete the risk assessment by the end of April 2014.


Regional Workshop on the legitimate and illegitimate use of offshore corporate structures, legal arrangements, foreign trade operations and free trade zones
(Belgrade, Serbia, 24-25 February 2014)

MOLI Serbia project organised a two day workshop on the legitimate and illegitimate use of offshore corporate structures, legal arrangements, foreign trade operations and free trade zones, which took place from 24-25 February in Belgrade. CoE had invited five highly-experienced experts from Belgium, Ireland, Poland and the UK, who presented their practical knowledge on the abuse of offshore companies, foreign trade and free trade zones for money laundering purposes. The event hosted members of Serbian government institutions, banking and securities sector, as well as representatives of government agencies from the region.

Agenda


Meeting of the Working Group for drafting the Amendments to the AML/CFT Law
(Belgrade, Serbia, 5-7 February 2014)

On 5-7 February 2014, the MOLI Serbia project held a Meeting of the Working Group for Drafting the Amendments to the AML/CFT Law. The main goal of the meeting was to discuss and adopt proposals made by Mr Herbert Zammit Laferla, CoE Expert, in his legal analyses of Serbian legislation. The Working Group consisted of representatives of the Administration for the Prevention of Money Laundering (APML) and the National Bank of Serbia. Mr Laferla also covered proposals to amend the most relevant financial regulations related to the prevention of money laundering and terrorism financing.

Agenda
Activity synopsis
Photo Gallery


Activities in the past:
January - December 2013
January - November 2012
January - November 2011


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PROJECT DOCUMENTATION & DELIVERIES

Project Summary
   English / Serbian
Description of Action (DoA)
Workplan of Activities
Steering Committee
Inception Report
Progress Reports
Monthly Reports
Technical Papers

USEFUL LINKS

MONEYVAL Reports on Serbia
APML-The Administration for the prevention of Money Laundering
EU Delegation to Serbia
CoE Office in Belgrade, Serbia

MAIN ACTIVITIES

Activities 2013
Activities 2012
Activities 2011

Photo Gallery

2014
2013
2012
2011

CONTACTS

MOLI Serbia Project