OSCE Mission to Montenegro supported Annual South East Europe Conference on Anti-Money Laundering
The OSCE Mission to Montenegro, in co-operation with Montenegrin Administration for Prevention of Money Laundering and Terrorism Financing, hosted the 8th Regional Conference of the Heads of Financial Intelligence Units (FIU) of South-East Europe on 20 and 21 October 2014 in Podgorica.
The Heads and Senior Management of the FIUs of Slovenia, Croatia, Bosnia and Herzegovina, Serbia, Albania and FYR of Macedonia attended the conference.
The participants discussed importance of regional co-operation and data exchange in the fight against money laundering, as well as new money-laundering typologies, and implementation of new Financial Action Task Force (FATF) recommendations.
“Fast developing technologies are making it hard for authorities to keep up with the new trends in money-laundering and financing terrorism, so therefore improvement and strengthening of regional co-operation is of crucial importance”, said Vesko Lekic, Director of Montenegrin FIU.
Rob Force, OSCE Programme Manager of Rule of Law and Human Rights, said that the Administration has an enormously important and challenging task which is getting more and more difficult every day. “We will continue to work with Montenegrin Administration supporting their efforts to constantly improve in this area”.
The event was supported by the OSCE Field Operations in the region as well as the Office of the Co-ordinator of OSCE Economic and Environmental Activities.