North Macedonia regulates AML/CTF through sector supervisors, the Financial Intelligence Office, and the Law on Prevention of Money Laundering and Financing of Terrorism. See the obligations and how MemberCheck supports them.
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North Macedonia regulates AML/CTF under the Law on Prevention of Money Laundering and Financing of Terrorism. Supervision is divided between the National Bank, the Insurance Supervision Agency, the Securities and Exchange Commission and the Public Revenue Office by sector, with the Financial Intelligence Office acting as the country's financial intelligence unit and supervising the obliged entities no other body covers. As a MONEYVAL member, the country builds its regime to align with the FATF international standards.
Obliged entities must run customer due diligence on customers and beneficial owners, keep records, monitor transactions, and report suspicious activity to the Financial Intelligence Office. Supervisors expect a documented compliance framework, a named responsible officer, and continual staff training.
MemberCheck helps teams meet these obligations by screening customers and entities against global sanctions, PEP, and adverse-media data, verifying identities, and monitoring risk continuously, with a clear audit trail behind every decision.
North Macedonia's financial intelligence unit. It receives, analyses, and disseminates suspicious transaction reports and coordinates with domestic authorities and counterpart FIUs. Under Article 146 of the AML law it also supervises the obliged entities that no sector supervisor covers, and may supervise jointly with those supervisors.
The country's principal AML statute. It sets customer due diligence, record-keeping, and reporting duties for obliged entities across the financial and designated non-financial sectors.
North Macedonia is assessed by MONEYVAL, the Council of Europe body that evaluates compliance with international AML/CTF standards and issues mutual evaluation reports.
The National Bank of the Republic of North Macedonia supervises banks, savings houses, exchange offices and payment providers. The Insurance Supervision Agency covers insurers and brokers, the Securities and Exchange Commission covers brokerage firms and investment funds, and the Public Revenue Office covers games of chance, estate agents, tax advisers and pawnbrokers.
Supervision is split by sector under Article 146 of the AML law. The National Bank of the Republic of North Macedonia supervises banks, savings houses, exchange offices and payment providers, the Insurance Supervision Agency covers insurers, the Securities and Exchange Commission covers brokerage firms and investment funds, and the Public Revenue Office covers games of chance, estate agents and tax advisers. The Financial Intelligence Office is the financial intelligence unit and also supervises the obliged entities that no other body covers.
The Law on Prevention of Money Laundering and Financing of Terrorism is the country's principal statute, setting customer due diligence, record-keeping, and reporting obligations.
North Macedonia is assessed by MONEYVAL, the Council of Europe regional body, and aligns its AML/CTF regime with the FATF 40 Recommendations.
MemberCheck screens customers and entities against global sanctions, PEP, and adverse-media data, verifies identities, and monitors risk continuously, with an audit trail behind every decision.
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