Participation at the 63rd Plenary meeting of MONEYVAL

The EAG Secretariat participated in the 63rd plenary session of the Council of Europe Committee of Experts on the Evaluation of Anti-Money Laundering Measures and the Financing of Terrorism (MONEYVAL) from 16 to 20 May 2022, which took place in a hybrid format. Most member states and observers took part in person in Strasbourg, France. 

The Director of Information Society and Action against Crime of the Council of Europe Mr Jan Kleijssen opened the meeting.

The main items on the agenda were discussions on the results of the mutual evaluation of Bulgaria and Liechtenstein, as well as follow-up reports of Albania, Hungary, Slovenia and Moldova. As a result, the Plenary approved the reports. 

Among other issues the MONEYVAL Secretariat presented the comparative ratings analysis of mutual evaluations and horizontal analysis on supervision in the context of IO10 and 11. Also the Council of Europe Economic Crime and Cooperation Division presented information on technical cooperation projects and initiatives in the field of AML/CFT.

The Co-Chair of the Global Network Coordination Group of the Financial Action Task Force (FATF) Mr Giles Thomson addressed the Plenary meeting and outlined the Strategic Vision for the Global Network, which was subsequently endorsed by MONEYVAL. The EAG Secretariat noted the importance of collaboration between the FSRBs to ensure consistency in the understanding and implementation of the FATF Recommendations by countries across the Global Network.

The next Plenary meeting of the MONEYVAL will take place in December 2022. 

EAG Secretariat