MONEYVAL calls for improvements in the supervision of the financial sector, private sector compliance and greater transparency of legal persons

Although MONEYVAL countries have comprehensive legal frameworks and powers to prosecute money laundering, the report stresses that many struggle to achieve positive results in prosecuting and convicting perpetrators. Regarding the confiscation of criminal assets, the results remain modest and constitute an area for concern. The report also highlights the need to provide appropriate protection to transborder personal data flows in the context of cooperation among jurisdictions.