Serbia is enacting stricter regulations regarding cash transactions as part of its efforts to prevent money laundering and terrorism financing. Recent amendments to the Law on Prevention of Money Laundering and Financing of Terrorism, mirroring changes recently implemented in Montenegro, place limitations on the amount of cash businesses and individuals can handle. These changes aim to increase transparency and oversight of financial flows. While specific details regarding transaction limits weren’t provided in the source, the law intends to curb illicit financial activities. Banks and other financial institutions are now required to conduct more thorough due diligence on cash-based operations. The move reflects a broader regional trend towards greater financial regulation and compliance with international standards. Authorities hope these measures will disrupt criminal networks and enhance financial security.