Bosnia and Herzegovina need to address AML/CFT deficiencies immediately and meaningfully


The publication of this MONEYVAL statement on the FATF website does not constitute an official endorsement by the FATF. However, this public statement contains relevant information that countries and the private sector, as part of their implementation of the risk-based approach, should be aware of.

MONEYVAL issues a new public statement on Bosnia and Herzegovina

The Council of Europe’s anti-money laundering body MONEYVAL today adopted, at its 46th plenary meeting (8-12 December), a public statement under Step 3 of its Compliance Enhancing Procedures in respect of Bosnia and Herzegovina.

The Committee noted that although the amendments to the Anti-Money Laundering and Counter Financing of Terrorism Law were adopted and came into force on 25 June 2014, the by-laws need also to be rapidly issued and brought into effect. The amendments to the Criminal Code have still not been adopted..

MONEYVAL urges Bosnia and Herzegovina to immediately and meaningfully address its AML/CFT deficiencies, in particular by adopting necessary amendments to its Criminal Code.

See also: MONEYVAL Public Statement on Bosnia and Herzegovina - September 2014

For more information, see the MONEYVAL website. 

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