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meta_id 3131169

pc nid 92440 May 04, 2026 arahman@vixio.com Bosnia and Herzegovina Gazettes - Official Gazette horizon scanning
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Bosnia and Herzegovina Parliamentary Assembly Enacts Law on Asset Restriction to Counter Terrorism and Weapons Proliferation

On May 5, 2026, the Parliamentary Assembly of Bosnia and Herzegovina published the Law on Restricting Asset Disposal for the Purpose of Preventing Terrorism, Financing of Terrorism and Financing of Weapons of Mass Destruction in the Official Gazette of Bosnia and Herzegovina (Službeni glasnik BiH), Issue 31/26. The law establishes a legal framework for restricting the disposal and management of assets with the objective of preventing terrorism, countering the financing of terrorism, and preventing the financing of weapons of mass destruction proliferation. The legislation represents Bosnia and Herzegovina's commitment to strengthening its counter-terrorism financing (CTF) and anti-money laundering (AML) regime in alignment with international standards and obligations. The enactment of this law reflects Bosnia and Herzegovina's efforts to enhance its financial security infrastructure and comply with international counter-terrorism financing frameworks. The measure applies to relevant authorities and financial institutions operating within the jurisdiction and establishes mechanisms for asset identification, freezing, and management in accordance with terrorism prevention objectives. The law is now in effect as published in the Official Gazette. Implementation will be undertaken by competent authorities designated under the legislation. **Reference:** Službeni glasnik BiH, broj 31/26, 5.5.2026

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Bosnia and Herzegovina's Parliament Adopts Law on Terrorism Financing and Sanctions

On May 4, 2026, the Parliamentary Assembly of Bosnia and Herzegovina adopted the Law on Restricting Asset Disposal for the Purpose of Preventing Terrorism, Financing of Terrorism and Financing of Weapons of Mass Destruction. The law establishes a legal framework for restricting the disposal and management of assets with the objective of preventing terrorism, countering the financing of terrorism, and preventing the financing of weapons of mass destruction proliferation. Firms must adopt internal policies, controls and procedures for the implementation of targeted financial sanctions and shall regularly implement, review and update them in accordance with the nature, size and level of risk of their business and the sector in which they operate. The internal control system should at least include: Identification and assessment of the risk of breach of measures. Definition of the responsibilities of staff and the management structure. Procedures for checking data on parties and transactions for the purpose of detecting matches with lists. A reporting and record-keeping system. This law shall enter into force on the eighth day following its publication in the official gazette.