(ANSA) - BELGRADE, JUNE 24 - The anti-money laundering and
counter terrorist financing body of the Council of Europe,
'MONEYVAL', has welcomed the removal of Serbia from the
monitoring of the Financial Action Task Force (FATF) regarding
the global anti-money laundering and counter-terrorist financing
compliance process, the so called 'grey list', the Council of
Europe said in a statement today.
Last week, FATF announced that Serbia will be no longer
subject to monitoring and congratulated Belgrade for the
"significant progress made in addressing" the deficiencies
previously identified.
"I would like to warmly congratulate Serbia for its
tremendous progress in a very short time period," said
MONEYVAL's Chair, Daniel Thelesklaf.
The MONEYVAL Committee is a Council of Europe body that
assesses compliance of countries with the international and
European standards to counter money laundering and terrorist
financing, and makes recommendations to national authorities.
(ANSA).
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