Commission for anti-money laundering and compliance with regulations
In order to promote and present the Macedonian Banking Association (MBA) to the public, in the following months, we will introduce the commissions that function as permanent working bodies within the MBA and their leaders.
COMMISSION FOR ANTI-MONEY LAUNDERING AND COMPLIANCE WITH REGULATIONS
The Chairman of the Commission for AML and Compliance with Regulations is Gligor Pandilovski, Manager of the Compliance Division at Stopanska Banka AD Skopje, and the Deputy Chairman is Mrs. Bojana Cvetkovska Panchevska, Authorized Person for Anti-Money Laundering and Financing of Terrorism at Komercijalna Banka AD Skopje.
Within its jurisdiction, the Commission performs the following tasks:
- Continuously monitors the implementation of regulations and supervisory standards in the field of banking operations and prevention of money laundering and financing of terrorism,
- Establishes an effective system for the implementation of regulations that regulate banking operations
- Collaborates with relevant institutions in the Republic of North Macedonia in the field of banking operations, prevention of money laundering and financing of terrorism, personal data protection, etc. (such as the National Bank of North Macedonia, Financial Intelligence Unit, Agency for Personal Data Protection, Ministries, etc.),
- Makes conclusions, recommendations, instructions, drafts amendments to laws and sub-law acts, initiates and proposes improvements in the overall operations of banks in the field of preventing money laundering and financing of terrorism, as well as overall banking operations, etc.
“The function of compliance with regulations and risk management in its entirety should be in line with the bank’s strategy and business plan, risk management strategy, and in accordance with risk appetite.”
Gligor Pandilovski is the Manager of the Compliance Division at Stopanska Banka AD Skopje and Chairman of the Commission for Prevention of Money Laundering and Compliance with Regulations at the Macedonian Banking Association. He has completed his master’s studies, Executive MBA in Business Administration and Management at the University of Sheffield. He holds certifications as a Regulatory Compliance Specialist and Certified Anti-Money Laundering Specialist (CAMS). Gligor has extensive experience in the banking sector in establishing effective internal procedures and organizational structures to address and manage potential risks related to compliance with applicable regulations and regulations for preventing money laundering and financing of terrorism.
Bojana Cvetkovska Panchevska, as a specialist in anti-money laundering, is familiar with relevant national and international regulations and actively participates in cooperation with numerous domestic and international institutions. For her significant contribution to the work of the AML Commission at MBA, she has received acknowledgments for the years 2019, 2021, and 2022. She has been employed at Komercijalna Banka since 2001, and since 2013, she has been performing the function of an Authorized Person for Anti-Money Laundering and Financing of Terrorism, holding an international CAMS license – Certified Anti-Money Laundering Specialist.
