(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).