The European Union has called on Bosnia and Herzegovina to urgently accelerate key reforms in order to avoid being placed on the Financial Action Task Force (FATF) grey list, warning that further delays could have serious consequences for the country’s financial system and international credibility.
According to EU officials, Bosnia and Herzegovina must strengthen its framework for combating money laundering and terrorist financing, including improving institutional coordination, enforcing existing legislation and ensuring effective supervision.
Failure to meet FATF standards could lead to increased scrutiny of financial transactions and make access to international finance more difficult.
The EU stressed that timely action is essential not only to avoid reputational and economic damage, but also to keep Bosnia and Herzegovina aligned with European standards and its EU integration process. Brussels reiterated its readiness to provide technical support, while emphasizing that responsibility for reforms lies with domestic institutions and political decision-makers.
