Press Releases 2010 - November

23.11.2010 - Presentation of EU legal framework and practices in preventing money laundering and terrorist financing

CENTRAL BANK OF MONTENEGRO
Podgorica, 23.11.2010

Presentation of EU legal framework and practices in preventing money laundering and terrorist financing

As part of the twinning project “Strengthening the regulatory and supervisory capacity of the financial regulation”, under IPA Programme funded by the European Union, a workshop “Preventing money laundering and terrorist financing – legal framework and best practices” is organized from 22 to 25 November 2010.

The main purpose of the workshop is to address the EU and international standards on AML/CFT, the AML/CFT requirements under Montenegrin Law and to discuss with the Montenegrin banks the practical approaches to prevention and detection of ML/TF activities in order to ensure a deeper knowledge in the prevention area.

The topics of the seminar will be presented by MS experts from the Bulgarian National Bank and De Nederlandsche Bank and BC experts from the Central Bank of Montenegro, the Bank Association and APMLTF.

The workshop is a part of Montenegrin authorities’ efforts to present the fight against money laundering.