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SEMINAR ON MONEY-LAUNDERING PREVENTION BEGINS IN ZAGREB

ZAGREB ZAGREB, Jan 20 (Hina) - Croatian Finance Minister Borislav Skegro on Wednesday opened a two-day international seminar on prevention of money laundering, organised by the Finance Ministry department for money laundering prevention. The co-organisor of this seminar is the United Nations Global Programme Against Money Laundering (GPML). Skegro told the participants that Croatia had clearly defined its stand and began preventing the money laundering both by repressive and preventive measures. The struggle against such form of crime is based on the legislative framework, he stressed. If the fiscal system is simple and transparent with no loopholes in laws, there are slim possibilities of committing such kind of crime, Skegro added. The globalisation of the world market opened the financial system for the "dirty money", and none of the state was immune to that, a GPML representative, Timothy Lemay sa
ZAGREB, Jan 20 (Hina) - Croatian Finance Minister Borislav Skegro on Wednesday opened a two-day international seminar on prevention of money laundering, organised by the Finance Ministry department for money laundering prevention. The co-organisor of this seminar is the United Nations Global Programme Against Money Laundering (GPML). Skegro told the participants that Croatia had clearly defined its stand and began preventing the money laundering both by repressive and preventive measures. The struggle against such form of crime is based on the legislative framework, he stressed. If the fiscal system is simple and transparent with no loopholes in laws, there are slim possibilities of committing such kind of crime, Skegro added. The globalisation of the world market opened the financial system for the "dirty money", and none of the state was immune to that, a GPML representative, Timothy Lemay said. The international community devotes special attention to this problem, and cooperation of all states is necessary for the prevention of money laundering, Lemay added. The seminar gathers Croatian legislative, executive and judicial officials as well as representatives of the United Nations, the United States, Slovenia, Italy and Belgium. (hina) ms

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