Regulatory Alerts2025-05-16
Added · Updated
List of Indicators for Recognising Grounds for Suspicion of Financing the Proliferation of Weapons of Mass Destruction for Obligors within the Jurisdiction of the National Bank of Serbia
The National Bank of Serbia issued a regulatory list establishing specific indicators that supervised financial obligors must use to identify grounds for suspecting the financing of weapons of mass destruction proliferation. The document mandates that banks, insurance entities, payment institutions, and virtual currency service providers apply a General Part of common red flags alongside Special Part indicators tailored to their specific business activities and risk profiles. These requirements become effective on 13 May 2025 and must be incorporated into obligors' internal acts to ensure compliance with anti-money laundering and counter-terrorism financing laws.
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