Homepage > News > FATF - October session at the OECD in Paris

FATF - October session at the OECD in Paris

Capture d’écran 2022-10-25 à 15.41.32

Attendance of Mr. Michel HUNAULT, Director of the Financial Circuits Information and Control Unit - SICCFIN

The autumn session of the Financial Action Task Force (FATF), an intergovernmental organisation for the fight against money laundering and terrorist financing composed of 36 countries and regional authorities including the European Commission, was held at the OECD headquarters in Paris.

Mr. Michel HUNAULT was invited to attend to represent the Financial Intelligence Unit (FIUs) of Monaco.

This was an opportunity for the Financial Intelligence Units of the EGMONT Group to exchange views on the main trends in financial crime, but also, as a priority, against the financing of terrorism and the fight against the proliferation of weapons of mass destruction, in a context of war within Europe.

The session focused on the preparation and objectives of the 5th Mutual Evaluation Round; the use of cryptoassets and the financing of terrorism were particularly mentioned, in the light of the AML/CFT.

The assessments have consequences even for the largest countries under the "enhanced monitoring" procedure, which requires the implementation of the most demanding compliance plans.

Discussions focused on the priority actions that need to be implemented by the assessed countries in order to strengthen their AML/CFT prevention, national and international cooperation.

  

Photo: Mr. Michel HUNAULT in discussion with Igor NEBYVAEV of the MONEYVAL Committee.

SICCFIN attends FIU Forum in Rabat

17 October 2022

At the Francophone Financial Intelligence Unit (FIU) Forum held in Rabat, Monaco’s SICCFIN was represented by Mr Eric Bergesi, Head of the Investig... Read more[+]

Mr. Michel HUNAULT honored by the Council of Europe

11 October 2022

Mr. Michel HUNAULT, Director of SICCFIN, has received from the President of the Parliamentary Assembly of the Council of Europe in Strasbourg the h... Read more[+]

Service d'Information et de Contrôle sur les Circuits Financiers
13 rue Emile de Loth 
98000 MONACO

Phone number : (+377) 98 98 42 22
Fax number : (+377) 98 98 42 24
Bouton LinkedIn ANG
http://www.siccfin.mc/en/News/FATF-October-session-at-the-OECD-in-Paris