MONEYVAL | AMLP Forum

MONEYVAL reports progress by the Slovak Republic in addressing deficiencies related to NPOs, virtual assets and high risk countries, but improvements were insufficient for a ratings upgrade

by AdrianaAMLP | Jan 14, 2025

The country remains under MONEYVAL’s enhanced follow-up procedure and must report on overall progress within a year. Additionally, it is required to provide updates on customer due diligence measures (Recommendation 10) at the June 2025 plenary meeting. Further action...

MONEYVAL re-rates Estonia owing to its improved compliance with TFS regime and notes progress in other areas

by AdrianaAMLP | Jan 13, 2025

Despite improvements in measures targeting sanctions for proliferation financing and support for virtual asset service providers, Estonia remain Partly Compliant on these Recommendations and remains in enhanced follow-up.

MONEYVAL re-rates Poland on Recommendations 1 and 33, in recognition of its corrective actions since the adoption of the MER and 1st enhanced FUR

by AdrianaAMLP | Dec 22, 2024

Recommendation 1 outlines requirement for a risk-based approach, while Recommendation 33 states that countries should maintain comprehensive statistics on the effectiveness and efficiency of their AML/CFT systems. Requests for re-ratings on Recommendations 15 and 26...

MONEYVAL’s follow-up report highlights that Georgia’s 2024 AML amendments addressed key deficiencies in risk assessment and virtual asset regulations but still require further progress

by Jyotsna Bucktowar | Dec 11, 2024

As a result, the country has been re-rated from “partially compliant” to “largely compliant” on two Financial Action Task Force’s (FATF) recommendations which concern assessing risks and new technologies. Overall, out of the 40 recommendations provided in 2022,...

MONEYVAL reports that Monaco has strengthened its measures to combat ML/TF, achieving ‘large compliance’ with 32 and ‘full compliance’ with 7 of the 40 FATF

by Jyotsna Bucktowar | Dec 10, 2024

The positive actions taken by the authorities have improved Monaco’s compliance with the FATF’s Rec. 4 (Confiscation and provisional measures), 6 (Targeted financial sanctions related to terrorism and terrorist financing), 7 (Targeted financial sanctions...

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MONEYVAL reports progress by the Slovak Republic in addressing deficiencies related to NPOs, virtual assets and high risk countries, but improvements were insufficient for a ratings upgrade

MONEYVAL re-rates Estonia owing to its improved compliance with TFS regime and notes progress in other areas

MONEYVAL re-rates Poland on Recommendations 1 and 33, in recognition of its corrective actions since the adoption of the MER and 1st enhanced FUR

MONEYVAL’s follow-up report highlights that Georgia’s 2024 AML amendments addressed key deficiencies in risk assessment and virtual asset regulations but still require further progress

MONEYVAL reports that Monaco has strengthened its measures to combat ML/TF, achieving ‘large compliance’ with 32 and ‘full compliance’ with 7 of the 40 FATF

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