Combating Illicit Financial Flows in the Western Balkans

Implementer: Human Security Collective in cooperation with the organizations of the countries of the Western Balkans

Period: 2022-2023

Objective: To develop the capacity of networks of non-governmental organizations to engage in the discussion on preventing money laundering and terrorist financing within their sector, as well as with several stakeholders outside it. The project is implemented in the Western Balkans and Peru and has a global component. In the Western Balkans, the program is expected to include a more significant element at the national level, a comprehensive regional element, and a broad global element. According to the Action Plan for the fight against money laundering and terrorist financing in Bosnia and Herzegovina for 2018-2022. years, when it comes to the non-governmental sector, it was identified that there is insufficient awareness of SPN/FTA and that it is necessary to work on raising awareness of this issue. Next year, Bosnia and Herzegovina will undergo the Moneyval evaluation of the fifth round; Centar za promociju civilnog društva decided to be actively involved in these processes and contribute to the activities undertaken by competent authorities in the field of implementation of this action plan. A series of planned activities are aimed at reducing the risk of vulnerability to abuses by civil society organizations, to abuses for money laundering and financing terrorist activities through raising awareness and strengthening the capacity of CSOs on these issues, advocating for the improvement of the legal framework, and the promotion and advancement of cooperation between non-governmental organizations and state institutions of Bosnia and Herzegovina, which are relevant interlocutors on the subject of the fight against money laundering and terrorist financing.