[26 septembre 2016]
MONEYVAL's annual report: anti-terrorist
financing measures not fully exploited yet |
Following the publication today of MONEYVAL's annual report, its Chair,
Daniel Thelesklaf, pointed out that identifying the financing of
terrorism has not yet been fully exploited as a strategy in the overall
fight against terrorism.
“We are struggling to find ways how to better
combat terrorism. Money is needed to plan and perpetrate attacks.
Detecting terrorist financing – even in small amounts – can help to
detect terrorist cells, prevent terrorism and deter terrorists”, he
In the report, MONEYVAL – which is the Council of Europe's
anti money laundering and counter terrorist financing body - concludes
that states have consistently improved their technical compliance with
the international standards to fight money laundering and terrorist
financing, particularly with regard to preventive measures.
However, the report stresses that the effective application of these
standards remains a serious challenge. It underlines two priorities:
prosecutorial authorities should do more to achieve money laundering
convictions, and there is a need for deterrent confiscation orders which
take the profit out of crime.
“We have the tools to combat money
laundering, but the effective implementation of legislation depends on
member states’ resources and political will. That is why the 5th
evaluation round, which we launched in 2015, will focus on
effectiveness”, said MONEYVAL´s chairman.
“If a country does not
deter money laundering, it risks losing access to the global financing
architecture, which can have severe detrimental economic effects”, he
In 2015, MONEYVAL actively monitored 26 jurisdictions
through the adoption of mutual evaluation reports (including onsite
visits) or follow-up reports.
Annual Report for 2015
Video interview with MONEYVAL's chair Daniel Thelesklaf
[20 September 2016]
Secondment of two officials to MONEYVAL: call for candidates -
deadline for applications: 9 October 2016|
The Directorate General I - Human Rights and Rule of Law
- is currently looking for two officials to be seconded for a minimum
period of one year, commencing as soon as possible.
The Seconded officials will provide expert
assistance to the Directorate of Information Society and Action against
Crime in the implementation of MONEYVAL mutual evaluation programme,
which supports States in fulfilling their commitments in accordance with
international legal, financial and law enforcement standards on money
laundering and terrorist financing and in compliance with Council of
Europe conventions, regulations, standards and values.
For more information on the posts and the application procedure, please
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