Who files reports to APML

APML receives information from the obliged entities listed in the AML/CFT Law. Specifically, it receives cash-transaction reports (CTRs) amounting at the RSD equivalent of EUR 15,000 or more, and suspicious activity reports (SARs) irrespective of the amount involved, from the financial sector (banks, insurance companies, currency exchange operators, etc.) and designated non-financial businesses and professions (DNFBPs - lawyers, casinos, public notaries, etc.).

APML also receives SARs from AML/CFT supervisors set out in the AML/CFT Law, e.g. National Bank of Serbia, Market Inspectorate, etc., and other key authorities, such as the Customs Administration, where they obtain relevant information in the course of their operations. This is why capacity building and training are so important, i.e. to better recognise suspicious activities and persons notify the APML in a timely manner.

Relevant foreign authorities, i.e. foreign FIUs, also share important information with the APML concerning suspicious activities, transactions and persons involved that may be coming from or related to the Republic of Serbia. Foreign FIUs share information in requests for information or in spontaneous disclosures.

In addition to SARs, the APML also receives cash transaction reports (CTRs) in the amount of or exceeding the RSD equivalent of EUR 15,000.

All information that the APML obtains, processes, stores or disseminates is appropriately protected from unauthorised access. This is facilitated by the APML’s internal ICT systems. This area too requires ongoing training of the APML staff both in the area of protection of confidentiality and integrity. Such training is regularly received by the APML staff in various settings.