FATF places Bosnia and Herzegovina on the list of countries under increased monitoring

SARAJEVO, June 21 (FENA) – The Financial Action Task Force (FATF) added Bosnia and Herzegovina to its list of jurisdictions under increased monitoring on its website. This means the country is expected to actively cooperate with FATF in addressing strategic deficiencies in its systems for combating money laundering, terrorist financing, and the financing of the proliferation of weapons of mass destruction.