SERBIA IMPLEMENTS FATF STANDARDS BUT WARNED ABOUT ACTS AGAINST NPO

On 13 December, N1 reported that a new report adopted by the Council of Europe’s MONEYVAL has warned Belgrade it should not “intentionally or unintentionally use FATF Recommendations to suppress the legitimate activities of civil society”.  Serbia does not have any FATF Recommendations considered to be ‘non-compliant’.  Full compliance was achieved in 5 recommendations, in 34 minor deficiencies were noted, and only 1 remains ‘partially harmonised’. 

https://rs.n1info.com/english/news/moneyval-serbia-implements-fatf-standards-warning-about-acts-against-npo

Any modest contributions for my time and ongoing expenses are welcomed!  I have a page where you can do so, and where one-off contributions start as low as $3, at https://www.buymea3coffee.com/KoIvM842y

Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: