MONEYVAL’s 6th Mutual Evaluation report finds Slovenia has strengthened its AML/CFT framework but needs further progress in DNFBP supervision, investigations, prosecutions, and asset recovery

The sixth-round mutual evaluation says Slovenia has a largely adequate understanding of money laundering risk, constructive international co-operation, effective operational co-ordination, strong market-entry controls for financial institutions and improved VASP requirements. However, MONEYVAL says Slovenia lacks a formal integrated national AML/CFT strategy, has serious weaknesses in DNFBP controls and supervision…