News in English     | 16.01.2018. 12:30 |

BiH CoM Chairman Zvizdić i Minister Mektić meet with technical mission of FATF

FENA Press release

SARAJEVO, January 16 (FENA) - Chairman of the BiH Council of Ministers Denis Zvizdić and BiH Minister of Security Dragan Mektić met today in Sarajevo with the technical mission of the Financial Action Task Force (FATF) with whom they discussed the implementation of laws and by-laws in the field of prevention of financing of terrorism and money laundering.

Chairman Zvizdić informed the FATF delegation about the priorities of the BiH Council of Ministers and stressed the commitment to the European path, economic development and preservation of stability, including the fight against all forms of crime and terrorism.

He emphasized the commitment of Bosnia and Herzegovina to the establishment of a secure system for the prevention of money laundering and terrorist financing by implementing the Action Plan created on the basis of FATF recommendations. He expressed expectations that this visit will result in a positive report that will allow BiH to be removed from the FATF’s gray list at a plenary session next month, which would be a positive signal for all business people as well as BiH citizens.

Minister Mektić emphasized the commitment of BiH institutions to the fight against terrorism and added that the implementation of the Action Plan has been slower due to the specific constitutional structure of BiH, but that an efficient system was ultimately established.

Chairman Zvizdić and Minister Mektić emphasized that the implementation of the Action Plan and enacting of twelve laws and by-laws on the state and entity levels do not mean that the work is done and they emphasized the commitment of BiH to continuously continue the fight against the financing of terrorism and the prevention of money laundering.

The FATF representatives praised the work done by the BiH Council of Ministers on the implementation of the Action Plan and expressed satisfaction with the progress achieved. They pointed out that the implementation of the Action Plan was only the first step in the fight against the financing of terrorism and the prevention of money laundering, the BiH Council of Ministers said.

(FENA)
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