The Administration for the Prevention of Money Laundering (APML) is an administrative body within the Ministry of Finance. Its powers are governed in the Law on the Prevention of Money Laundering and the Financing of Terrorism (AML/CFT Law). In accordance with the AML/CFT Law, the APML performs financial-intelligence activities: it collects, processes, analyses and disseminates to the competent authorities information, data and documentation obtained in line with the AML/CFT Law, and performs other activities related to the prevention and detection of money laundering and terrorism financing in accordance with the law.
The APML is the financial intelligence unit (FIU) of the Republic of Serbia. It is an administrative-type FIU and a member of the Egmont Group (as of 2003). It exchanges information with its counterpart FIUs through the Egmont Secure Web and in other appropriate manner, and takes part in international AML/CFT cooperation.
The APML is represented at the national Coordination Body for the Prevention of Money Laundering and Terrorism Financing (AML/CFT Coordination Body) by five employees, four in the capacity of member and one secretary of the AML/CFT Coordination Body.
The APML has a range of other functions in accordance with national legislation. In terms of staff capacities, the current Regulation on APML Internal Organisation and Job Classification, provides for 34 positions, to be filled by 42 civil servants. Its offices are located in Belgrade, 24 Resavska St.
In December 2016, the Government appointed Mr Željko Radovanović as the Director a.i. of the Administration for the Prevention of Money Laundering (Head of Serbian FIU)
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Law on the Prevention of Money Laundering and the Financing of Terrorism