The Egmont Group reported participating in the joint June 2025 Financial Action Task Force (FATF)-MONEYVAL Plenary in Strasbourg, highlighting that the Plenary discussed and approved a report on enhancing informal international cooperation developed jointly by the Egmont Group, FATF, INTERPOL, and the United Nations Office on Drugs and Crime (UNODC). The report is scheduled for review and endorsement at the Egmont Group’s 30th anniversary Plenary in July 2025. The update also notes that several outputs developed with Egmont Group participation were discussed and approved, including the updated Targeted National Risk Assessment Guidance and amendments to FATF Recommendation 16. Other items referenced included the Private Sector Consultative Forum (PDG) Asset Recovery Guidance and FATF training initiatives, alongside acknowledgement of the outgoing FATF Vice President Jeremy Weil and the incoming Vice President Giles Thomson, and recognition of MONEYVAL Chair Nicola Muccioli. Next steps centre on the July 2025 Egmont Plenary, where the informal international cooperation report is due to be reviewed for endorsement, and where the Egmont Group expects to welcome FATF President Elisa de Anda Madrazo.
Egmont Group 2025-06-13
Egmont Group participates in FATF-MONEYVAL plenary and schedules July review of informal international cooperation report
The Egmont Group participated in the June 2025 FATF-MONEYVAL Plenary, where a report on enhancing informal international cooperation was approved, with further review scheduled for the Egmont Group’s 30th anniversary Plenary in July 2025. The Plenary also approved several outputs, including updated Targeted National Risk Assessment Guidance and amendments to FATF Recommendation 16, and acknowledged leadership changes within FATF and MONEYVAL.