The Committee of Experts on the Evaluation of Anti-Money Laundering Measures and the Financing of Terrorism (MONEYVAL) held its 56th Plenary meeting in Strasbourg from 2 to 6 July 2018.
Amongst other issues, MONEYVAL completed the country assessments of Albania and Latvia. The Committee also adopted follow-up reports of Armenia, Bulgaria, Croatia, Liechtenstein, Montenegro, Poland, Romania, the Slovak Republic, “The Former Yugoslav Republic of Macedonia” and the UK Crown Dependency of the Isle of Man.
MONEYVAL held a panel on experiences from and good practices in the preparation of a country assessment. The Committee also heard various presentations and held discussions on topics such as: recent changes to the FATF standards; how to break the anonymity of virtual currencies; the assessment of risk of terrorist financing in financial centres; the new EU directive on anti-money laundering and terrorist financing; the role of financial intelligence units (FIUs) in investigating corruption; as well as a practical case-study on a successful conviction for terrorist financing.
Reports adopted will be made available shortly under each jurisdiction’s profile, in accordance with MONEYVAL’s publication policy.
