13 Jan 2022 08:41:00
Cyprus: MONEYVAL issues follow up report assessing progress in measures to combat money laundering and the financing of terrorism terrorismStrasbourg 13 January 2022
Cyprus has made some progress in improving its level of compliance with Financial Action Task...
17 Dec 2021 16:51:00CoE Strasbourg 17 December 2022
The Committee of Experts on the Evaluation of Anti-Money Laundering Measures and the Financing of...
13 Dec 2021 22:13:00Strasbourg 14 December 2021
The British Overseas Territory of Gibraltar has improved measures to combat money laundering and...
13 Dec 2021 09:57:00
New MONEYVAL report on Serbia: improvements in fighting money laundering and terrorist financing have led to upgraded rating, minor deficiencies remainStrasbourg 13 December 2021
Serbia has improved measures to combat money laundering and terrorist financing, demonstrating...
08 Dec 2021 10:30:00Strasbourg 8 December 2021
The Czech Republic has improved the measures to combat money laundering and terrorist financing,...
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.