MONEYVAL has officially launched its 6th round of mutual evaluation of the Isle of Man.

In this context, a high-level exchange was held, with the participation of the MONEYVAL Chair, Mr. Nicola Muccioli, the Minister for the Department of Home Affairs, Minister Jane Poole-Wilson and Ms. Jilly Christian, Head of the Isle of Man AML/CFT Policy Office.

The discussions highlighted the importance of the assessment process and reaffirmed the commitment of national authorities to its success.

Following this high-level exchange, targeted training sessions were delivered for both governmental and private-sector stakeholders. The sessions aimed to provide participants with a comprehensive understanding of the underlying standards and methodology of the Financial Action Task Force (FATF), alongside the evaluation approach applied by MONEYVAL. Hosted in the Isle of Man, the training brought together over 180 participants, including representatives from the Government, the FIU, law enforcement agencies, the judiciary, supervisory authorities, tax and customs administrations, and the private sector.