Prevention of money laundering and terrorist financing basic methods and options

Abstract

This paper primarily provides an overview of the current methods of money laundering, particularly those listed in the Europol Organized Crime Threat Assessment of 2011, which is an important prerequisite for successful prevention of money laundering and terrorist financing. Specific trends in money laundering have been highlighted in the National Strategy for Combating Organized Crime of the Serbian Government in 2009, which is also subject of analysis. Then follows the review of basic methods for combating money laundering and terrorist financing in the current Law on Prevention of Money Laundering and Terrorist Financing of the Republic of Serbia of 2009, particularly enhanced and simplified measures of knowing customer and monitoring his/her business. It also provides an overview of certain provisions in current legislation of the United States which are important for prevention of money laundering and terrorist financing. Afterwards, presentation of the indicators of suspicious transactions and results of activities of the Administration for Prevention of Money Laundering of the Republic of Serbia set out in the Report on its work in 2010 follows, as well as pointing to potential problems in prevention of money laundering and terrorist financing.

U radu se u prvom redu daje osvrt na aktuelne metode pranja novca, posebno one navedene u Proceni pretnje od organizovanog kriminala Europola za 2011. godinu, a zatim se ukazuje na osnovne metode za prevenciju pranja novca i finansiranja terorizma. U tom smislu su obrađene osnovne metode propisane važećim Zakonom o sprečavanju pranja novca i finansiranja terorizma Republike Srbije iz 2009. godine, posebno pojačane i pojednostavljene mere poznavanja stranke i praćenja njenog poslovanja. Ujedno je dat osvrt na pojedine odredbe u važećem zakonodavstvu Sjedinjenih Američkih Država od značaja za prevenciju pranja novca i finansiranja terorizma. Potom sledi izlaganje o indikatorima sumnjivih transakcija za banke, obveznike u prometu nepokretnosti u vezi s finansiranjem terorizma, kao i prikaz rezultata rada Uprave za sprečavanje pranja novca Republike Srbije iz Izveštaja o njenom radu za 2010. godinu. Na kraju se ukazuje na moguće probleme u prevenciji pranja novca i finansiranja terorizma.