17 May 2022 17:22:00Tallinn, ESTONIA 17 May 2022
As part of the mutual evaluation of Estonia, a team of evaluators from the Council of Europe's...
04 May 2022 08:37:00
Stricter regulation of virtual assets and specialised gatekeeper professions should be priorities in combating money launderingStrasbourg 4 May 2022
Governments need to step up their efforts and coordination to combat money laundering and...
22 Apr 2022 11:08:00Strasbourg 22 April 2022
MONEYVAL has launched its 5th round mutual evaluation process of Azerbaijan with a high-level...
11 Apr 2022 17:29:00Malta 11 April 2022
Representatives of the Financial Action Task Force (FATF) and MONEYVAL held an on-site visit to...
01 Apr 2022 10:45:00Strasbourg 30 March 2022
MONEYVAL has launched its 5th round mutual evaluation process of Montenegro with a high-level...
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.