03 Aug Request to banks regarding the list of the Administration for the Prevention of Money Laundering
Belgrade, August 3, 2020
It was announced in the media on July 27, 2020 that the Administration for the Prevention of Money Laundering requested data from commercial banks in Serbia on several citizens’associations and individuals. On that occasion, associations and individuals have sent requests for exercising the rights related to the processing of personal data. In the request, referring to the exercise of rights related to the processing of personal data, based on the Law on Personal Data Protection, they asked the banks for information on the processing of personal data and a copy of the document containing the data. Organizations and individuals are looking for an answer to the question of whether the bank processed and submitted any data to the Administration regarding this request of the Administration for the Prevention of Money Laundering. If so, the request states that banks are required to provide information on the purpose of the processing and the legal basis for processing the data, what types of personal data were processed on that occasion and who are the recipients to whom the personal data were disclosed: the bank has submitted to the Administration for the Prevention of Money Laundering information about me, I ask you to provide me with copies of all documentation submitted to the Administration, which contains information about organizations or individuals. As announced, the request of the Administration for the Prevention of Money Laundering refers to the following data for the period from January 1, 2019. years until the date of receipt of the Administration's request: turnover on domestic and foreign currency accounts (including total per year) with the stated bases of inflows and outflows and data on whose order payments are made and in whose favor payments from accounts are made, data on persons authorized to dispose of funds these accounts, whether the said persons are authorized on the accounts of other persons, documentation and data on transactions in which the appointed persons are Nostro or ordering users of Loro remittances (SWIFT messages and documents on which consent postings have been made), whether the persons own safes and whether they are authorized by the safes of other persons and all other useful data.