BiH sets up body to combat money laundering, terrorism financing


  • World
  • Friday, 25 Jul 2025

SARAJEVO, July 24 (Xinhua) -- The Council of Ministers of Bosnia and Herzegovina (BiH) adopted a decision on Thursday to establish a permanent coordination body for the prevention of money laundering, the financing of terrorist activities, and the financing of the proliferation of weapons of mass destruction.

The decision aims to ensure proper enforcement of the Law on the Prevention of Money Laundering and Financing of Terrorist Activities, and to align BiH's efforts with the recommendations of MONEYVAL, a monitoring body of the Council of Europe.

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