Homepage > News > Informations, Interviews et Communiqués > Moneyval: Monaco participates in 5th Round Mutual Evaluation Report on Andorra

Moneyval: Monaco participates in 5th Round Mutual Evaluation Report on Andorra

Romain Bugnicourt, Section Head, SICCFIN; member of the fifth round evaluation team for Andorra. © SICCFIN

The Fifth Round Mutual Evaluation Report on Andorra was adopted during the 54th Moneyval plenary meeting, held from 26 to 28 September at the Council of Europe in Strasbourg.

The Principality, represented by Romain Bugnicourt (SICCFIN), was part of the evaluation team in its capacity as a peer country, alongside France, Romania and the Isle of Man.

Moneyval, the regional body of the Financial Action Task Force (FATF), assesses how well member countries are complying with international standards to counter money laundering and the financing of terrorism. During the fifth round, evaluations focused on the effectiveness of the measures taken by the countries under evaluation.

In this context, the evaluation of Andorra involved a technical analysis of the country’s regulations, followed by a two-week on-site visit during which the team met all of the public and private stakeholders involved in countering money laundering and terrorist financing (banks, legal firms, management companies, supervisors, public prosecutors, judges, police officers, etc.). A number of meetings were also held in Strasbourg.

Second National Money Laundering and Financing of Terrorist Financing Risk Assessment in View of the MONEYVAL Evaluation: A New Update

20 April 2021 Informations, Interviews et Communiqués

At the initiative of Mr. Michel Hunault, Director of SICCFIN and head of the Monegasque delegation to the MONEYVAL committee, an update on the work... Read more[+]

Jean Castellini, Government Counsellor - Minister of Finance and Economy: The National Risk Assessment, a collective ambition.

31 March 2021 Informations, Interviews et Communiqués

Jean Castellini, Conseiller de Gouvernement – Ministre des Finances et de l’Économie, revient sur la loi n°1008, nouvel outil de lutte anti-blanchi... 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