Tax Administration and accountants officially in charge of "money laundering" prevention

The Ministry of Finance of Serbia announced yesterday (October 28, 2009) that the series of seminars for the employees of the Tax Administration, as the supervising organ, and accountants, as interested parties, had been organized in Novi Sad, Niš and Kragujevac.

According to the new Law on Prevention of Money Laundering and Terrorism Financing, the Tax Administration is explicitly listed, for the first time, as one of the supervisory organs, while accountants are interested parties, and they are given the authority to contribute, to a greater extent, to the process of money laundering prevention. Trainings are organized in the period between October 9 and October 27.

Seminars were organized by the Money Laundering Prevention Administration of the Republic of Serbia, the USAID Project for Support to Economic Development of Serbia, the Tax Administration of Serbia, and the Accounting and Auditing Association of Serbia. Trainings were attended by total of 170 representatives of the Tax Administration and over 100 accountants, and they all got the certificates confirming they completed the training.

Ministarstvo finansija Republike Srbije

Poreska uprava Srbije

Law on Prevention of Money Laundering and Terrorism Financing

Money Laundering Prevention Administration of the Republic of Serbia

Accounting and Auditing Association of Serbia