Amendments to the Criminal Code of BiH, in part which refers to financing of terrorist activities, needs to be translated in English and delivered to the Moneyval Committee, which will assess if they are in accordance with the recommendations of this body of the Council of Europe, which would remove a threat of placing BiH on a grey list of uncooperative countries, said Deputy Minister of Security of BiH Mladen Ćavar.
Ćavar said that the Ministry of Security of BiH went through the same procedure, given they completed commitments that were under jurisdiction of this institution earlier, by amending the Law on Prevention of Money Laundering and Financing of Terrorist Activities.
He said it is difficult to predict the final decision of Moneyval.
‘’According to all indicators, recent amendments to the BiH Criminal Code should be sufficient to remove the danger of BiH being placed on a grey list. Apart from that, we have done everything to convince Moneyval Committee that we do not deserve to be sanctioned, because we have solid laws and visible results in combating money laundering and financing of terrorism, which have been additionally improved with these amendments,’’ said Ćavar.
Moneyval Committee set a deadline for BiH at its last session to adopt amendments to the Criminal Code by April 13, the part which refers to financing of terrorist activities.
House of Representatives and House of Peoples of the Parliamentary Assembly recently adopted the amendments to the BiH Criminal Code.