The 68th Plenary meeting of the Committee of Experts on the Evaluation of Anti-Money Laundering Measures and the Financing of Terrorism (MONEYVAL) and working group meetings were held from 2 to 6 December 2024, chaired by Mr Nicola Muccioli (San Marino). The Plenary brought together around 200 AML/CFT experts from approximately 50 jurisdictions and international organisations to Strasbourg (France). 

Following two days of working group meetings, MONEYVAL examined and adopted the mutual evaluation reports of Bosnia and Herzegovina and the UK Crown Dependency of Guernsey, marking the successful completion of MONEYVAL’s 5th round of evaluations. Amongst other key outcomes, the Plenary adopted follow-up reports for Estonia, Croatia, Georgia, Monaco, Poland, and the Slovak Republic. All adopted reports will be published in the following weeks, after the completion of the relevant post-adoption processes and in accordance with MONEYVAL’s publication policy. Furthermore, taking into account the progress achieved by Lithuania, MONEYVAL terminated Compliance Enhancing Procedures for that jurisdiction. The Plenary also decided to place Slovak Republic and Georgia under Step 1 of Compliance Enhancing Procedures.

Other key topics discussed included adoption of the analysis on the voluntary tax compliance (VTC) programme introduced by Georgia, and approval of the Supranationality project, which analysed how EU supra-national legislation and mechanisms were considered and weighted during the 5th round of evaluations. MONEYVAL provided information and guidance regarding the 6th round of evaluations, including information on sequencing, data collection, training and the revised FATF Methodology. 

MONEYVAL warmly thanked Mr John Ringguth, MONEYVAL Scientific Expert and co-chair of the Working Group on Evaluations, for his outstanding service and contribution to MONEYVAL’s work. 

MONEYVAL will meet again for the 69th plenary, which will be jointly organised with the FATF in June 2025 in Strasbourg.