PUBLISHER’S NOTE

I INTRODUCTORY PROVISIONS

Scope of the Law
Money Laundering and Terrorism Financing
Terms
Obligors

II ACTIONS AND MEASURES UNDERTAKEN BY OBLIGORS

1. General Provisions
2. Customer due Diligence
- a) General Provisions
- b) Special Provisions pertaining to the Transfer of Funds
- b1) Special Provisions Concerning Transactions Involving Digital Assets*
- c) Exception in Customer Due Diligence for Specific Services
- d) Application of Customer due Diligence Actions and Measures
  - d1) Customer Identification and Verification of Identity
  - d2) Identifying the Beneficial Owner of a Customer
  - d3) Obtaining Data about the Purpose and Intended Nature of a Business Relationship or Transaction, and other Data under the Provisions of this Law
  - d4) Monitoring Customer Business Transactions
- e) Performing Certain Customer due Diligence Actions and Measures via Third Parties
- f) Special Forms of Customer due Diligence Actions and Measures
  - f1) Enhanced Customer due Diligence Actions and Measures
  - f2) Simplified Customer due Diligence Actions and Measures
- g) Restriction of Business Transactions with Customers
3. Sending Information, Data, and Documentation to the Administration
- Reporting Obligation and Deadlines
4. Application of Actions and Measures in Business Units and Obligor’s Majority-owned Subsidiaries of a Legal Entity
- Obligation of Applying Actions and Measures in Business Units and Obligor’s Majority-Owned Subsidiaries of a Legal Entity
5. Compliance Officer, Training and Internal Control
- a) Compliance Officer
- b) Education, Training and Improvement
- c) Internal Control, Internal Audit and Employees Integrity
- d) By-laws for the Execution of Certain Obligor Tasks

III ACTIONS AND MEASURES UNDERTAKEN BY LAWYERS, I.E. PUBLIC NOTARIES

Identifying and Verifying the Identity of a Customer
Other Actions and Measures Undertaken by the Lawyer, i.e. Public Notary
Reporting to the Administration on Persons and Transactions with Respect to which there are Reasons for Suspicion of Money Laundering or Terrorism Financing
Seeking Data from Lawyer, i.e. Public Notary
Exemptions
Prohibition of Alarming
Obligation to Develop and Apply a List of Indicators
Record Keeping

IV DELETED

V INDICATORS TO RECOGNIZE REASONS FOR SUSPICION

Cooperation in the Development of a List of Indicators
Obligation to Develop and Apply a List of Indicators

VI COOPERATION OF COMPETENT BODIES, RISK ASSESSMENT AT A NATIONAL LEVEL AND ANALYSIS OF EFFICIENCY AND EFFECTIVENESS OF THE SYSTEM

Cooperation of Competent Bodies and Risk Assessment at a National Level
Analysis of Efficiency and System Effectiveness

VII ADMINISTRATION FOR THE PREVENTION OF MONEY LAUNDERING

1. General Provisions
2. Detection of Money Laundering and Terrorism Financing
3. International Cooperation
4. Prevention of Money Laundering and Terrorism Financing
5. Other Responsibilities

VIII CONTROL OF THE CROSS-BORDER TRANSPORTATION OF PHYSICALLY TRANSFERABLE PAYMENT INSTRUMENTS

Declaring Physically Transferable Payment Instruments
Customs Control
Reasons for Suspicion of Money Laundering or Terrorism Financing
Submitting Data to the Administration

IX PROTECTION AND KEEPING OF DATA AND RECORD KEEPING

1. Data Protection
2. Keeping of Data
3. Records
4. Registers

X SUPERVISION

1. Bodies Competent for Supervision
2. Informing the Administration Concerning Supervision
3. Issuing Recommendations and Guidelines

XI PENAL PROVISIONS

XII TRANSITIONAL AND FINAL PROVISIONS

ARTICLES NOT INCLUDED IN THE FINAL TEXT (Službeni glasnik RS, No. 91/19)
LAW ON AMENDMENTS AND ADDITIONS TO THE LAW ON THE PREVENTION OF MONEY LAUNDERING AND FINANCING OF TERRORISM

ARTICLES NOT INCLUDED IN THE FINAL TEXT (Službeni glasnik RS, No. 153/20)
LAW ON AMENDMENTS AND ADDITIONS TO THE LAW ON THE PREVENTION OF MONEY LAUNDERING AND FINANCING OF TERRORISM

Legal Acts in English

Legal Acts in English

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