Serbia regulates AML/CTF through the APML and the Law on the Prevention of Money Laundering and the Financing of Terrorism. See the obligations and how MemberCheck supports them.
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Serbia regulates AML/CTF through the Administration for the Prevention of Money Laundering, its financial intelligence unit, with compliance supervision split across sector regulators led by the National Bank of Serbia, under the Law on the Prevention of Money Laundering and the Financing of Terrorism. As a MONEYVAL member, Serbia 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 APML. 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.
Serbia's financial intelligence unit. It receives, analyses, and disseminates suspicious transaction reports, cooperates with counterpart FIUs, and also supervises a small set of obliged entities including accountants and factoring companies. Supervision of the financial sector sits with the National Bank of Serbia.
Serbia'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.
Serbia is assessed by MONEYVAL, the Council of Europe body that evaluates compliance with international AML/CTF standards and issues mutual evaluation reports.
The regime is built to align with the FATF 40 Recommendations, which shape expectations for financial institutions and designated businesses.
Supervision is split by sector. Under Article 109 of the AML law the National Bank of Serbia supervises banks, exchange dealers, payment and e-money institutions, leasing providers, life insurers, voluntary pension fund managers, and virtual currency service providers. The Securities Commission, the Tax Administration, and the gambling regulator cover their own sectors, and the APML supervises a small set of obliged entities such as accountants and factoring companies. The APML is also Serbia's financial intelligence unit, receiving and analysing suspicious transaction reports.
The Law on the Prevention of Money Laundering and the Financing of Terrorism is Serbia's principal statute, setting customer due diligence, record-keeping, and reporting obligations.
Serbia 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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