The capacity-building training for competent authorities responsible for AML/CFT supervision of lawyers and notaries in Bosnia and Herzegovina was organized on 15-16 October 2024 in Sarajevo. The aim of the training was to enhance the application of a risk-based approach in supervising selected DNFBPs – legal professionals. Among the central principles discussed was the need for supervisors to have a deep understanding of the money laundering and terrorism financing risks in their respective sectors. The workshop stressed the importance of a continuous dialogue with supervised entities, providing them with clear and accessible guidance on their obligations.

This training built on the previously conducted analysis the existing regulatory framework, outlined in the "Analysis of the existing entity-level rulebooks of the Bar Associations and Notary Chambers on the prevention of Money Laundering and Terrorist Financing in Bosnia and Herzegovina - Recommendations and preventive measures for the effective application of risk-based supervision of lawyers and notaries."

This workshop is a part of the action against combating corruption, money laundering, and terrorist financing in Bosnia and Herzegovina, funded under the European Union/Council of Europe Horizontal Facility for Western Balkans and Türkiye III and by a voluntary contribution of the Council of Europe.