Final conference of the three-year IPA 2013 Twinning project ‘Support to the fight against money laundering’ was organized in Banjaluka on Thursday.
Head of the EU Delegation and EU Special Representative in Bosnia and Herzegovina, Ambassador Johann Sattler, reminded that the European Union continuously supported the country in strengthening the rule of law and the fight against organized crime.
“Through this project we managed to transfer knowledge and know-how from our Member States, which is vital because money laundering is an important issue that does not stop at borders. However, we count on the authorities to assume responsibility in taking the reforms forward”, said Sattler.
As a part of the project ‘Support to the fight against money laundering’, EU experts from Austria and Slovenia have supported Bosnia and Herzegovina’s implementation of the 2018-2022 Action Plan for the Prevention of Money Laundering and Financing of Terrorist Activities.
In addition, thanks to funds provided by the EU, the State Investigation and Protection Agency (SIPA) of Bosnia and Herzegovina has been equipped with analytical software and computer hardware for the Anti-Money Laundering System.
Austrian and Slovenian ambassadors to Bosnia and Herzegovina Ulrike Hartmann and Zorica Bukinac respectively, congratulated the stakeholders on the notable results achieved through this cooperation with respective institutions from the EU Member States. Noting that money laundering is a transnational problem, the cooperation with local, regional and EU institutions is highly relevant.
Ambassadors underlined that more than 2,600 local experts received training and education, and are now equipped to continue with the implementation of recommendations to strengthen the sector.
Statement published on the website of the EU Office in BiH reads that the Twinning Project, worth €2 million, is part of the overall assistance of the European Union to strengthening the rule of law and combating serious crime in Bosnia and Herzegovina.