The Chairman of the Council of Ministers of BiH Denis Zvizdic met with US Ambassador to BiH Maureen Cormack on Monday afternoon in BiH capital Sarajevo. At the meeting, two interlocutors spoke about the current economic and political situation in BiH.
Ambassador Cormack congratulated chairman Zvizdic on answering the European Commission’s (EC) Questionnaire as well as on the taking BiH off the Financial Action Task Force on Money Laundering (FATF) greylist.
The Chairman of the Council of Ministers of BiH Denis Zvizdic met with US Ambassador to BiH Maureen Cormack on Monday afternoon in BiH capital Sarajevo. At the meeting, two interlocutors spoke about the current economic and political situation in BiH.
Ambassador Cormack congratulated chairman Zvizdic on answering the European Commission’s (EC) Questionnaire as well as on the taking BiH off the Financial Action Task Force on Money Laundering (FATF) grey list.
The Financial Action Task Force (FATF) is an inter-governmental body established in 1989 by the Ministers of its Member jurisdictions. The objectives of the FATF are to set standards and promote effective implementation of legal, regulatory and operational measures for combating money laundering, terrorist financing and other related threats to the integrity of the international financial system. The FATF is therefore a “policy-making body” which works to generate the necessary political will to bring about national legislative and regulatory reforms in these areas, the official website says.
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