Monaco has underlined its determination to remain at the forefront of the fight against financial crime by hosting a major MONEYVAL training session for evaluators from across Europe and beyond…
Held last week, the programme brought around 40 delegates from 21 countries to the Principality as part of the sixth evaluation cycle led by MONEYVAL, the Council of Europe body responsible for assessing measures against money laundering, terrorist financing, proliferation financing and corruption.
The week-long session was designed to prepare future evaluators to apply the latest international standards and ensure a more consistent, rigorous approach to upcoming country assessments. Participants, including a number of representatives from Monaco’s own authorities and services, took part in a mix of theory-based learning and practical workshops aimed at certification for future evaluation missions.
Beyond the technical content, the event also carried strong symbolic importance for Monaco. Delegates visited the Prince’s Palace, where His Serene Highness Prince Albert II greeted them, before later meeting Minister of State Christophe Mirmand. He reaffirmed that, under the leadership of the Sovereign Prince, Monaco’s commitment to combating money laundering and terrorist financing remained total and ongoing.
By hosting the training and contributing directly to the preparation of future evaluators, Monaco signalled that it wanted not only to meet international expectations, but also to help shape them. The Principality’s involvement in the work of MONEYVAL and the FATF network reflects a broader strategy of strengthening its own systems while supporting fair and effective evaluations worldwide. In doing so, Monaco is again presenting the prevention of financial crime as a national priority of the highest order.
Image: Direction de la Communication /Manuel Vitali