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IMPORTANT NOTICE: Targeted Financial Sanctions - Search Engine for Designated Persons

03-Dec-2018 14:39:21

The Administration for the Prevention of Money Laundering (APML) in cooperation with the Računarski sistemi Mihajlo Pupin Institute designed a search engine for checking lists of designated persons subject to United Nations sanctions. The search engine allows all interested natural and legal entities to check in a quick and simple manner whether they have any contacts or business cooperation with designated persons with the aim of applying the requirements laid down by the Law on Freezing of Assets with the Aim of Preventing Terrorism and Proliferation of Weapons of Mass Destruction (Official Gazette of the RS, 29/2015, 113/2017, and 41/2018) in a timely manner.

The development of this IT tool allows for direct search of the UN Security Council lists pursuant to resolutions 1267 (1999), 1989 (2011) and 2253 (2015) concerning ISIL (Da’esh), Al-Qaida, and associated individuals, groups, undertakings and entities, Resolution 1718 (2006) and its successor resolutions  related to DPR Korea, and Resolution 1988 (2011) concerning the Taliban and associated individuals, groups, undertakings and entities.

This search engine is only one of the measures taken by the APML to facilitate the application of the Law on the Freezing of Assets with the Aim of Preventing Terrorism and Proliferation of Weapons of Mass Destruction. The APML will continue working with all other stakeholders for the purpose of further enhancing the application of targeted financial sanctions in Serbia.

2011 Administration for the Prevention of Money Laundering