The Monaco Ministry of Finance and Economy published an update on the Coordination and Monitoring Committee overseeing the national strategy against money laundering, terrorist and proliferation financing, and corruption, confirming continued implementation of the Financial Action Task Force (FATF) action plan agreed in June 2024. The release notes that FATF has adopted Monaco’s first two progress reports and that a third report is being prepared for submission to a forthcoming FATF Plenary for adoption. The committee’s “Premier Collège” met on 30 January under the chairmanship of the Minister of State, Christophe Mirmand, and reviewed monitoring exchanges since the October 2025 FATF Plenary, alongside a debrief from the 70th MONEYVAL Plenary attended by a Monaco delegation in December 2025. The meeting also discussed reforms to be continued or launched in 2026 under the 2025–27 National Strategy and its accompanying National Action Plan, framed both around objectives to exit the FATF grey list and, ultimately, the European Union list, and to prepare for a future MONEYVAL evaluation. Next steps cited in the release include submission of the third progress report to the FATF Plenary and continuation of the 2026 work programme, with involved authorities asked to maintain momentum on planned short-, medium- and longer-term milestones.
Ministry of Finance & Economy (Monaco) 2026-02-02
Monaco Ministry of Finance and Economy reports continued AML and anti-corruption reforms ahead of a third FATF progress report
The Monaco Ministry of Finance and Economy confirmed ongoing implementation of the FATF action plan, with FATF adopting Monaco’s first two progress reports and a third report being prepared for the next FATF Plenary. The Coordination and Monitoring Committee, chaired by Minister of State Christophe Mirmand, reviewed recent monitoring exchanges and discussed reforms under the 2025–27 National Strategy to exit the FATF grey list and prepare for a future MONEYVAL evaluation.