The NBS Head Office Building was built from 1888 – 1890, on the basis of blueprints designed by Konstantin Jovanovic (Vienna 1849 – Zurich 1923), son to distinguished artist Anastas Jovanovic...
In order to keep abreast with the international standards in the area of anti-money laundering and combating the financing of terrorism, the relevant documents produced by the FATF (Financial Action Task Force) were translated into Serbian: International Standards on Combating Money Laundering and the Financing of Terrorism and Proliferation of Weapons of Mass Destruction – the FATF Recommendations and Methodology for Assessing Compliance with the FATF Recommendations and the Effectiveness of AML/CFT systems.
The FATF Recommendations set out a comprehensive and consistent framework of measures which countries should implement in order to combat money laundering and terrorism financing, as well as the financing of proliferation of weapons of mass destruction. The FATF Recommendations, therefore, set an international standard, which countries should implement through measures adapted to their particular circumstances.
The translated document can be accessed via the following link:
On the other hand, the Methodology represents the basis for assessing technical compliance with the FATF Recommendations and for reviewing the level of effectiveness of a country’s AML/CFT system. It consists of three sections. The first section is the Introduction, presenting an overview of the assessment methodology, its background and how it will be used in evaluations/assessments. The second section sets out the criteria for assessing technical compliance with each of the FATF Recommendations. The third section sets out the outcomes, indicators, data and other factors used to assess the effectiveness of implementation of the FATF Recommendations.
The translated document can be accessed via the following link:
As these translations are not updated for the latest changes to the Recommendations from 2019, it is advised to consult the English original as well.
The translated document can be accessed via the following link:
