(ANSA) - STRASBOURG, FEB 12 - Serbia has made progress on the fight against money laundering and terrorist financing, according to the recent report issued by Moneyval, the Council of Europe's chief monitoring instrument. In light of this progress, Moneyval has decided to change its 2016 assessment of how the country is fulfilling its obligations and underlined that now there is no longer a sector in which Serbia is non-complying. The most positive results have been recorded in the field of targeted financial sanctions against the proliferation of weapons of mass destruction (Serbia was assessed as largely compliant). The country has also made progress in other areas, including risk assessment, adequate identification, and verification of financial institution customers and bank transfers. Despite these improvements, Moneyval has decided to go on with enhanced monitoring and the country will have to present a new report on the progress made in December 2019. (ANSA).