The Coordination and Monitoring Committee overseeing Monaco’s national strategy against money laundering, terrorist financing, proliferation financing and corruption held successive meetings of its two colleges and then in plenary session to review progress made since Monaco’s placement on the Financial Action Task Force grey list. Chaired by Isabelle Berro-Amadeï, Government Councillor for External Relations and Cooperation acting as Minister of State, the committee reviewed implementation progress against Monaco’s action plan and confirmed that the Principality is preparing to submit its first follow up report to the Financial Action Task Force. The reported progress is expected to be discussed in upcoming exchanges between the Monegasque delegation and the Financial Action Task Force International Cooperation Review Group.
Ministry of Finance & Economy (Monaco) 2025-02-27
Monaco’s Coordination and Monitoring Committee takes stock of post grey list progress and prepares its first Financial Action Task Force follow up report
Monaco's Coordination and Monitoring Committee reviewed progress on its national strategy against money laundering and related issues following its placement on the Financial Action Task Force (FATF) grey list. Chaired by Isabelle Berro-Amadeï, the committee confirmed Monaco is preparing its first follow-up report for the FATF. The progress will be discussed with the FATF International Cooperation Review Group.