On November 26, 2024, Isabelle Berro-Amadeï, Monaco’s Government Counselor-Minister for Foreign Affairs and Cooperation, signed an agreement reaffirming the Principality’s commitment to the United Nations Office on Drugs and Crime (UNODC) Global Programme against Money Laundering, the Proceeds of Crime, and the Financing of Terrorism (GPML)…
This partnership supports the program’s 2024–2025 initiatives, particularly the second phase of a capacity-building project targeting Central African nations, including Congo, the Democratic Republic of Congo, Chad, Cameroon, and the Central African Republic.
Monaco’s funding will enable the development and dissemination of an online training module tailored for agencies combating financial crimes. The training aims to enhance the identification and tracking of suspicious activities linked to money laundering and terrorism financing. The ultimate goal is to strengthen these nations’ ability to detect and recover illicit funds tied to organized crime, drug trafficking, corruption, environmental crimes, and the financing of extremist or armed groups.
This initiative builds on Monaco’s previous support for the project’s first phase (2022–2023), underscoring the Principality’s sustained commitment to combating financial crime and transnational threats. The expected outcomes include better-equipped institutions capable of countering illicit financial flows and reinforcing the rule of law in affected regions.
The GPML, launched in 1998, seeks to create a unified approach to tackling money laundering and terrorism financing by providing technical assistance to member states. The UNODC, established in 1997, plays a vital role in addressing illicit drug production, trafficking, and related criminal activities while promoting international cooperation and justice system reforms. Monaco’s ongoing support highlights its dedication to global security, transparency, and sustainable development.
