11 Dec 2020 09:46:00Strasbourg 11 December 2020
MONEYVAL has commenced its 5th round mutual evaluation process of the Principality of Monaco with...
10 Dec 2020 09:44:00Strasbourg 10 December 2020
MONEYVAL has commenced its 5th round mutual evaluation process of Estonia with a training (7,8...
02 Nov 2020 12:36:00
Anti-money laundering: Georgia should step up effective use of financial intelligence and put supervisory focus on higher risk non-financial sectorStrasbourg 2 November 2020
In a report published today, the Council of Europe’s anti-money laundering body MONEYVAL calls on...
29 Oct 2020 09:12:00Strasbourg 29/10/2020
In a report published today, the Council of Europe’s anti-money laundering body MONEYVAL urges...
23 Oct 2020 10:05:00Strasbourg 23 October 2020
In a report published today, the Council of Europe’s anti-money laundering body MONEYVAL noted...
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.