The 5th Steering Committee Meeting of the project “Preventing Money Laundering and Terrorist Financing in Serbia” took place in Belgrade on 14 December 2022. During the meeting, the members of the Steering Committee discussed the progress of the project and confirmed the proposed update of the project workplan for the following period. The project beneficiaries expressed satisfaction with the extension of the project, as this will provide sufficient time to conduct all planned activities more effectively. The head of the Administration for Prevention of Money Laundering emphasized the benefits of the new project timeline that corresponds with the Government’s Action Plan for the implementation of the PMLTF Strategy for 2022-2024. 

The project team presented the major activities implemented in the past year and some of the results achieved within the project, such as: supporting the promotion of the latest ML/TF National Risk Assessment results and starting to support the development of the ML/TF Risk Assessment of the Real Estate sector, development of guidelines for handling and reporting suspicious activities, supporting the development of a new legislative framework for the transparency of beneficial ownership and exchange of best practices in processing ML/TF cases. The steering committee discussed and approved the workplan of the project for the next six months taking into account the priorities of Government in the fight against money laundering and terrorism financing.

The activity has taken place within the Project “Preventing Money Laundering and Terrorist Financing in Serbia”, funded by the Swedish International Development Agency, and implemented by the Council of Europe.