Bosnia scrambles to avoid "Grey List" as international deadline approaches

Deputy Minister of Security, Ivica Bosnjak, revealed that a coordination body with ten subcommittees is actively working to align state and entity levels with international standards. He announced that a new law regarding the restriction of asset disposal to prevent terrorism is currently undergoing e-consultations. Bosnjak expressed expectation that the Council of Ministers will receive the law by the end of this month, warning that being placed on the "grey list" would devastate the country's credit rating and economy.

Ambassador Luigi Soreca, Head of the EU Delegation to BiH, emphasized that stability is in the country's direct interest. He noted that while promises have been made, much work remains before international institutions issue their assessment in the coming weeks. Soreca highlighted that the EU is providing political and financial support, including €15 million (approximately 29.34 million Bosnian marks) through the Growth Plan specifically for anti-money laundering efforts.

Representing the United States, Mark Tervakoski of the State Department noted that the administration under President Donald Trump and Secretary Marco Rubio has prioritized suppressing illegal financial flows. He stated that international assessments are a vital opportunity to enhance the country’s business environment.

Additionally, UNDP Resident Representative Renaud Meyer warned that illegal money flows drain resources from health and education. Amel Kovacevic, Director of BH Telecom, cautioned that political delays in adopting these laws could lead to more expensive loans for citizens. The final decision by the FATF on whether BiH will face increased international monitoring is expected in June 2026.