03 May, 2021
The EAG Secretariat participated in the 61st Plenary session of the Council of Europe Committee of Experts on the Evaluation of Anti-Money Laundering Measures and the Financing of Terrorism (MONEYVAL), which held from 26 to 30 April 2021 in a hybrid format. The Director of Information Society and Action against Crime of the Council of Europe Mr Jan Kleijssen opened the meeting by underlining MONEYVAL’s essential role as a specialized Council of Europe monitoring body and as a key partner in the global network in the area of anti-money laundering and combating the financing of terrorism, led by the FATF.
The Vice-president of the MONEYVAL - representative of Russia, Mr. Alexey Petrenko chaired meetings of the working groups, by the President - representative of Poland, Ms. Elżbieta Frankow-Jaśkiewicz chaired the Plenary meeting.
The main items on the agenda were the discussions of the mutual evaluation reports of San Marino and the Vatican. The EAG Secretariat acted as reviewer of the San Marino mutual evaluation report and raised a number of issues during the meeting and took an active part in the discussion, contributing to the upgrade of the rating for the three Immediate outcomes.
As a result, the Plenary approved the reports with corresponding amendments.
Other issues included the approval of follow-up reports of Albania, Hungary, Malta and Slovenia, as well as an update on the ongoing typology work on AML/CFT supervision in times of crisis and challenging external factors in which the EAG Secretariat is participate.
The Project Team Leader expressed gratitude to the EAG Secretariat for the contribution to the interim results of the above-mentioned typological research.
The next Plenary meeting of the MONEYVAL will take place in December 2021.