The FBiH Banking Agency does not have information on abuse that would exhibit the banking system with significant risks regarding the implementation of the EU that the EU has been introduced by Russia, a feathers from that institution.
They clarify that the risks and geographical areas are required in the Federation of Bosnia and Herogram and Geographic in the Federation and Geographic Area, in which the client and the general owner of the client, the main place of business, ie relevant personal and business relationships, are connected to the countries.
The Agency note that the risk factors associated with the geographical area, which may indicate specifically considered when clients come from the state, embargo and similar measures by the United Nations, the Council of Europe and other relevant organizations.
They add that the framework of sanctions may be complex and sometimes does not exclude any risks of energy-related energy (s), and that full compliance with the requirements relating to the laws and application of restrictive measures.
It is specifically specifically operated by 21 Komercijalna banka, of which 11 banks that do not have the seat of the parent bank or the EU group.
– Regardless of the seat of the parent bank or group, the regular operations of banks includes the maintenance of correspondent relations with EU banks and the use of transactions that reduce or exclude the possibilities of avoiding sanctions. Different treatment of any bank would increase the risks for the bank itself or led to the exclusion of that bank from the framework of international payments – expire from the Agency.
They recall that the applicable regulatory framework for banks in the FBiH complies with the EU’s principles, and that each treatment contrary to laws and bylaws is subject to the implementation of legal authorities by banking regulators and supervisors, and the imposition of corrective measures or punishment.
– legitimate business includes money laundering measures and financing of terrorist activities on the side of banks, but are focused on the obligation of banks to independently and efficiently manage the stability of the bank and banking system – say from the Agency.
They emphasize that the treatment of banks in relation to international sanctions confirms a cautious and comprehensive approach.
