The Committee of Experts on the Evaluation of Anti-Money Laundering Measures and the Financing of Terrorism (MONEYVAL) published a follow-up report finding that the Slovak Republic has made significant progress in strengthening its anti-money laundering and counter-terrorist financing framework, including upgrades to its technical compliance ratings on eight Financial Action Task Force (FATF) recommendations. The upgrades cover customer due diligence, politically exposed persons, correspondent banking, virtual assets and virtual asset service providers, higher-risk countries, designated non-financial businesses and professions, the financial intelligence unit, and cash couriers (FATF Recommendations 10, 12, 13, 15, 19, 23, 29 and 32). MONEYVAL did not find sufficient progress to justify upgrades for non-profit organisations, internal controls on branches and subsidiaries, regulation and supervision of designated non-financial businesses and professions, and sanctions (FATF Recommendations 8, 18, 28 and 35). Overall, Slovakia is compliant with seven recommendations, largely compliant with 29, and partially compliant with four, with none assessed as non-compliant. MONEYVAL decided Slovakia will no longer be subject to the 5th-round follow-up process, ahead of the 6th round mutual evaluation visit scheduled for October 2028.
Committee of Experts on the Evaluation of Anti-Money Laundering Measures (MONEYVAL) 2026-01-15
Committee of Experts on the Evaluation of Anti-Money Laundering Measures upgrades Slovakia on eight FATF recommendations and ends 5th-round follow-up
MONEYVAL's follow-up report shows Slovakia has improved its anti-money laundering and counter-terrorist financing framework, upgrading technical compliance on eight FATF recommendations. Despite progress, areas like non-profit organisations and internal controls remain insufficiently advanced. Slovakia is now compliant with seven recommendations and will exit the 5th-round follow-up process, with a 6th round evaluation set for October 2028.