29 Nov 2022 07:58:00Strasbourg 29 November 2022
The Council of Europe’s committee of experts on money laundering and the financing of terrorism,...
28 Nov 2022 09:22:00
MONEYVAL report on Georgia: improvements in the Financial Monitoring Service powers to disseminate information to law enforcement authorities, but other deficiencies remainStrasbourg 28 November 2022
Georgia has improved its measures to combat money laundering and terrorist financing; it has...
25 Nov 2022 08:49:00
MONEYVAL report on Cyprus: improvements on measures to combat money laundering and the financing of terrorismStrasbourg 25 November 2022
Cyprus has made some progress in improving its level of compliance with Financial Action Task...
24 Nov 2022 09:23:00
MONEYVAL acknowledges Slovakia’s steady improvements in measures to prevent money laundering: new reportStrabourg 24 November 2022
The Republic of Slovakia has improved measures to combat money laundering (ML) and terrorist...
23 Nov 2022 09:10:00
MONEYVAL report on Czech Republic: improvements to detect the physical cross-border transportation of currency and bearer negotiable instrumentsStrasbourg 23 November 2022
The Czech Republic has taken some steps to enhance its level of compliance with the FATF...
At a glance
The Committee of Experts on the Evaluation of Anti-Money Laundering Measures and the Financing of Terrorism - MONEYVAL is a permanent monitoring body of the Council of Europe entrusted with the task of assessing compliance with the principal international standards to counter money laundering and the financing of terrorism and the effectiveness of their implementation, as well as with the task of making recommendations to national authorities in respect of necessary improvements to their systems. Through a dynamic process of mutual evaluations, peer review and regular follow-up of its reports, MONEYVAL aims to improve the capacities of national authorities to fight money laundering and the financing of terrorism more effectively.
MONEYVAL (formerly PC-R-EV) was established in 1997 and its functioning was regulated by the general provisions of Resolution Res(2005)47 on committees and subordinate bodies, their terms of reference and working methods. At their meeting on 13 October 2010, the Committee of Ministers adopted the Resolution CM/Res(2010)12 on the Statute of the Committee of Experts on the Evaluation of Anti-Money Laundering Measures and the Financing of Terrorism (MONEYVAL) . The statute elevates MONEYVAL as from 1 January 2011 to an independent monitoring mechanism within the Council of Europe answerable directly to the Committee of Ministers. MONEYVAL Statute was further amended in 2013 by the Resolution CM/Res(2013)13 and in 2017 by the Resolution CM/Res(2017)19.