MONEYVAL conducts Mutual Evaluation of France

France plays an active role in proposing designations to the EU and UN sanction lists. It has an adequate new legislative package to implement targeted financial sanctions (TFS) for TF and proliferation financing (PF) without delay…

Pandora Papers on ‘gatekeepers’ of dirty money

MONEYVAL, the Council of Europe’s financial crime research arm, offers a scathing rebuke to governments across Europe for failing to tackle illicit money flows. The report said only three countries had effective policing mechanisms…

Moneyval on virtual assets in 2021 annual report

Virtual assets are abused to launder proceeds from fraud and corruption, as well as for tax evasion. There is suspicion that some of the smaller cryptocurrencies are being set up specifically with the motive of laundering. The larger virtual assets are seeing heavy...

MONEYVAL Ireland’s progress report to tackle ML/TF

The report summarises Ireland’s progress to improve its technical compliance by: a) addressing some of the technical compliance deficiencies identified in the MER; and b) implementing new requirements where the FATF Recommendations have changed since…

MONEYVAL on Poland’s measures to combat ML/TF

This report summarises the AML/CFT measures in place in Poland as at the date. It analyses the level of compliance with the FATF 40 Recommendations and the level of effectiveness of Poland’s AML/CFT system and provides recommendations on how the system...