The inaugural meeting of the Steering Committee for the Council of Europe's initiative against economic crime in Bosnia and Herzegovina took place on 4 September 2024 in Sarajevo. The meeting aimed to introduce key project activities and establish a detailed implementation timeline for the next six months. This initiative focuses on strengthening institutional capacities to prevent corruption, advancing risk-based supervision to ensure compliance with measures against money laundering and terrorist financing, and supporting the effective implementation of asset seizure and confiscation measures.

The Steering Committee includes representatives from key project beneficiaries at state and entity levels. The overarching goal of the “Action against Corruption, Money Laundering, and Terrorist Financing in Bosnia and Herzegovina” is to foster trust in the rule of law and democracy by combating economic crimes and aligning with internationally recognized standards.

The Action is funded under the joint European Union and Council of Europe programme, “Horizontal Facility for the Western Balkans and Türkiye III,” and through voluntary contributions. The next Steering Committee meeting is scheduled for March 2024.