The Republic of Serbia Securities Commission announced that the Government of the Republic of Serbia adopted a National Risk Assessment on money laundering, terrorist financing and the financing of the proliferation of weapons of mass destruction, updating the country’s assessment of risks in the prevention system based on work conducted in 2024. The update reviewed prior assessments, including risks of money laundering and terrorist financing, misuse of the non-profit sector for terrorist financing, and risks related to legal entities and legal arrangements. It also placed specific emphasis on proliferation financing risks and risk assessment in the digital assets sector. The work was carried out from June to December 2024 by a public-private working group including the Securities Commission, the Administration for the Prevention of Money Laundering, the Supreme Court, the National Bank of Serbia, the Security and Intelligence Agency, the Ministry of Internal Affairs, the Ministry of Justice and other authorities, with participation from over 200 representatives across financial and non-financial sectors.
Republic of Serbia Securities Commission 2025-01-03
Republic of Serbia Securities Commission announces Government adoption of updated National Risk Assessment on money laundering, terrorist financing and proliferation financing
The Republic of Serbia Securities Commission announced the adoption of a National Risk Assessment on money laundering, terrorist financing, and proliferation financing by the Government of the Republic of Serbia. Updated based on 2024 work, it reviewed risks in the prevention system, including digital assets and misuse of the non-profit sector. Conducted by a public-private working group, it involved over 200 representatives from financial and non-financial sectors.