SARAJEVO: Global anti-money laundering watchdog the Financial Action Task Force (FATF) said on Friday it had put Bosnia on a “grey list” of countries under increased monitoring.

The move came after MONEYVAL, the Council of Europe’s body evaluating government efforts to combat money laundering and terrorism financing, identified a “number of deficiencies”.

Moneyval’s partners FATF maintains a list of countries with deficient systems to combat financial crime.

Grey list nations are considered to have “strategic deficiencies” in countering money laundering and terrorist financing, while however cooperating with the FATF to correct the problems.

In February last year, the Balkan nation was put under a one-year observation by the FATF.

The Bosnian security ministry said in a statement that “Bosnia and Herzegovina made a high-level political commitment to work with the FATF and Moneyval to strengthen the effectiveness of its regime for countering money laundering and financing of terrorism”.

The FATF says that since Dec 2024 Bosnia made some progress in implementing the proposed measures, but must keep improving in nine important areas.

Published in Dawn, June 20th, 2026