Improving Inter-Agency Cooperation
Higher Prosecutor’s Office in Novi Sad and AML/CFT supervisors joined in AML/CFT combat
NRA Coordinator and AML/CFT supervisory authorities organized a meeting with Deputy Higher Public Prosecutors on 11 June 2019 in Novi Sad. The purpose of the meeting was to improve inter-agency cooperation among supervisory AML/CFT authorities and prosecutors. The meeting was also an occasion for information exchange between the supervisory authorities and prosecutors, but also for prosecutors to learn about the powers of supervisory authorities and the way inspections are conducted. Further forms of cooperation were agreed, and discussion was held on signing memoranda of understanding, which would lead to a more efficient detection of suspicious activities and an enhanced information flow in combating ML/TF. This meeting was organized within the Project on Enhancing Quality and Efficiency of Suspicious Transactions Reporting (STR) and Administration for the Prevention of Money Laundering Core Functions“, which is financed by the European Union. The beneficiary of the Project is Ministry of Finance – Administration for the Prevention of Money Laundering, and is implemented by a consortium led by KPMG.