After the Administration for the Prevention of Money Laundering sent an official request to all commercial banks in Serbia to provide information and documentation concerning the accounts and financial transactions undertaken by 57 CSOs, media, and individuals, Serbian CSOs have been particularly concerned about the use of oversight powers to target the financing of terrorism to obtain banking information and information of all targeted stakeholders. The UN Special Rapporteurs expressed their concern, including the FATF, which responded with a strong statement. To provide an in-depth background of the situation, BCSDN member Civic Initiatives and ECNL provided a brief, covering all information regarding the “list” case. Read more here.
Source: FATF/ Civic Initiatives