ANTI-MONEY LAUNDERING LAW IN SERBIASerbian money laundering regulations are contained in the 2005 Prevention of Money Laundering Law and are enforced by the Administration for the Prevention of Money Laundering. Money laundering is broadly defined, and sanctions vary according to the degree of intent and the value of the transactions involved. This article offers and outline of Serbia's Antimony Laundering Law, sanctions, enforcement authorities, and entities obliged to abide by this law.
The following questions have been addressed in this article:What is considered a “transaction” for the purposes of the Money Laundering Law?
What is not considered a “transaction”?
Which Institutions have a duty to prevent money laundering under Serbian law and how enforcement is conducted?
What are the sanctions for the money laundering crime?
Is enabling money laundering a crime in Serbia?