Announcements

Chairman Zvizdić and Minister Mektić with FATF Technical Mission

Announcements

01/16/2018

Vijeće ministara Bosne i Hercegovine

Chairman of the Council of Ministers Dr Denis Zvizdić and Minister of Security of BIH Dragan Mektić talked today in Sarajevo with the Financial Action Task Force (FATF) Technical Mission on implementation of anti-money laundering and financing terrorism related laws and by-laws. 

Chairman Zvizdič informed the FATF delegation on priorities of the Council of Ministers of BIH, pointing at the commitment to the European road, economic development and preserving stability, including the fight against all forms of crime and terrorism. He emphasised the resoluteness of Bosnia and Herzegovina to have in place a safe system for prevention of money-laundering and financing of terrorism through the implementation of the Action Plan, drafted based on FATF recommendations. He expressed his expectations that the Mission visit would result in a positive report to enable our state to be removed from the FAATF grey list, as soon as the next month at the scheduled FATF Plenary Session, which would be a positive signal for all business people and for  citizens of BIH, as well.

Minister Mektić emphasised the commitment of BIH Institutions in fight against terrorism, adding that despite the implementation of the Action Plan proceeded with some slowness due to the specific constitutional structure of BIH, however an effective system was finally established.

Chairman Zvizdić and Minister Mektić said that the implementation of the Action Plan, adoption of twenty laws and by-laws at both State and Entity levels was by no means the end of the efforts, underlining the dedication of our country to continue fight against financing terrorism and money laundering.

The FATF representatives commended the work of the Council of Ministers of BIH concerning the implementation of the Action Plan, and expressed their satisfaction with the progress achieved. They said that the implementation of the Action Plan is just the first step in the process of fight against financing terrorism and money laundering.

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