Outcome of MONEYVAL's 52nd Plenary meeting

MONEYVAL held its 52nd plenary meeting in Strasbourg from 6 to 8 December 2016.

At this meeting, the Plenary, inter alia:   

- heard an address, at the opening of the Plenary, by Mr Juan Manuel Vega-Serrano, the President of the Financial Action Task Force (FATF); 

- adopted the 5th round MER and executive summary on the United Kingdom Crown Dependency of the Isle of Man (MONEYVAL will finalise the mutual evaluation report for publication after the quality and consistency review, in accordance with its procedures); 

- took note of the follow-up reports by Lithuania, the Republic of Moldova and the Slovak Republic under the 4th round of mutual evaluations and invited the countries to provide further follow-up reports at the 53rd Plenary (30 May – 1 June 2017), while encouraging them to then seek removal from the follow-up process; 

- took note of the compliance reports of the Czech Republic and Montenegro under the Compliance Enhancing Procedures; 

- took note of further interim reports for the 5th round of mutual evaluations (Armenia) and the 4th round of mutual evaluations (Azerbaijan, Croatia, “The former Yugoslav Republic of Macedonia”, Israel and Poland); 

- heard an update analysis from the Secretariat on the follow-up procedure of the Terrorist Financing Fact-Finding Initiative, and decided to remove from the procedure the following three countries: Bosnia and Herzegovina, Montenegro and the Republic of Moldova;  

- heard a presentation and had an exchange of views with an ad hoc working group on the impact on MONEYVAL’s work by the European Court of Human Rights’ Grand Chamber judgment of Al-Dulimi and Montana Management v. Switzerland of 21 June 2016; 

- heard an update by and had an exchange of views with the FATF on the new International Cooperation Review Group (ICRG) procedure for the current round of evaluations; 

- heard a presentation on the joint World Bank/Egmont Group project on “Financial Intelligence Units cooperation with law enforcement authorities and prosecutors”; and 

- had a discussion on recent developments concerning the issue of “correspondent banking/de-risking”.

Reports adopted will be made available shortly under each jurisdiction’s profile, in accordance with MONEYVAL’s publication policy. 




    Upcoming events

    EAG in the news

    Participation on the Egmont Group Meetings The Chairman of the State Financial Intelligence Service under the Government of the Kyrgyz Republic, Mr. Aibek Kadyraliev has participated at the Egmont Group of FIUs’ Meetings, which are held from January 30 to February 2, 2017 in Doha, Qatar
    The summarizing “round table” "Evaluation of the financing of terrorism risks in the sector of non-profit organizations (NPOs) in the Kyrgyzstan" took place on February 2, in Bishkek The event was organized by the Public Fund "Civiс Participation" together with the State Financial Intelligence Service under the Government of the Kyrgyz Republic, with the technical support of the "Soros-Kyrgyzstan" Foundation and the The International Center for Not-for-Profit Law, as part of the National Risk Assessment of legalization (laundering) of criminal proceeds and financing of terrorism, which is conducted in accordance with the FATF Recommendations
    Common projects with the OSCE Programme Office in Astana, 2016 In 2016 the Financial Monitoring Committee of the Ministry of Finance of the Republic of Kazakhstan (hereinafter Committee) and OSCE Programme Office in Astana continue advanced training of people working in the Committee, subjects of financial monitoring, representatives of law enforcement and government agencies, who are responsible for AML/CFT.
    All publications