Indicators for recognizing suspicious transactions for banks
The Administration for the Prevention of Money Laundering, in cooperation with the National Bank of Serbia and the representatives of the banking sector, has developed а new list of indicators for recognizing reasons to suspect money laundering or terrorism financing (hereinafter referred to as: the Indicators) for banks, obliged entities according to the Law on the Prevention of Money Laundering and Terrorism Financing.
Pursuant to Article 23 of the Rulebook on the Methodology for Implementation of the AML/CFT Law, the stated obliged entities are requested to insert the Indicators from this Directive into the list of indicators they compile according to Article 50, paragraph 1 of the AML/CFT Law.
The obliged entities shall implement this list of Indicators from 1 October 2014.
The Indicators can be downloaded here:
Files for download