Monaco's Ministry of Finance and Economy published a readout of the Coordination and Monitoring Committee overseeing the national strategy against money laundering, terrorist financing, proliferation financing and corruption, highlighting progress captured in Monaco’s first Financial Action Task Force (FATF) follow-up report adopted on 13 June 2025. The committee also discussed upcoming steps in the FATF International Cooperation Review Group monitoring process and preparation for a future MONEYVAL evaluation. Among the most recent reforms, the update points to Sovereign Ordinance No. 11.242 of 30 May 2025, published in the Journal de Monaco, which organises the procedure allowing a magistrate to chair the sanctions formation of the Monegasque Financial Security Authority (AMSF). The Government also sought to clarify the context of Monaco’s placement on the European Union list of high-risk third countries for money laundering, noting the European Commission’s methodology under which jurisdictions placed on the FATF grey list are subsequently added to the EU list. Separately, Monaco signed an amendment on 8 June 2025 to the 1963 customs convention with France, deposited with the National Council on 12 June 2025 a bill on the judicial reserve and the designation of magistrates to administrative entities, and notified the National Council on 4 June 2025 of its decision to convert Proposal Law No. 266 on plea bargaining and a penal convention procedure into a government bill.

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