The Law on Amendments to the Law on Prevention of Money Laundering and Financing of Terrorism and the Law on Amendments to the Law on Public Notaries entered into force on 6 December 2024. These two laws were adopted by the National Assembly of the Republic of Serbia and published in the Official Gazette of the Republic of Serbia on 28 November 2024.
Starting tomorrow, the solemnization of loan agreements between natural persons for EUR 10,000 and higher, calculated in accordance with the middle exchange rate of the National Bank of Serbia on the date of the solemnization, will be mandatory.
In addition, public notaries will be obliged to submit such agreements to the Administration for the Prevention of Money Laundering.
A detailed review provided by JPM Senior Associate Katarina Rosić can be found here.