Skopje, June 11, 2014/Independent Balkan News Agency
By Naser Pajaziti
European Council committee against money laundering has urged Skopje to strengthen its laws against financing of terrorism.
In a report published today, the Committee calls on the authorities of FYROM to urgently amend the legal framework and overcome technical shortfalls that restrict the country’s ability to adapt European standards in the fight against financing of terrorism.
According to the Committee, although Macedonian authorities have made this illegal activity a felony in 2008, there is still a significant number of technical shortfalls.
“Although the authorities have applied measures to discover or keep suspects under observation, there have been concessions. There is not a general campaign of awareness in order to inform the public about the funding of terrorism. There must be better monitoring of those customers who are part of non banking financial institutions”, underlines the report.
The report also expresses its concern about the legal vacuum which has been created in the legal framework which prevents the activity of people or accomplices of criminals to be given managerial positions or become shareholders in financial institutions. The Committee stressed that it will continue to monitor FYR Macedonia in its fight against the funding of terrorism. /ibna/