Monaco's Ministry of Finance & Economy reported that the Coordination and Monitoring Committee for the national strategy on anti-money laundering, terrorist financing, proliferation financing and corruption has reaffirmed two immediate priorities: securing Monaco's removal from the Financial Action Task Force grey list and the European Union list as soon as possible, and starting preparations for the Principality's next MONEYVAL evaluation. The meeting, chaired by the Minister of State, also reviewed Monaco's progress in the FATF follow-up process. The committee noted that Monaco's third progress report was adopted at the latest FATF plenary session in February and that a fourth report will be submitted under the ongoing follow-up process. It also highlighted the 6th round MONEYVAL assessors' training hosted in Monaco from 16 to 20 March 2026, which brought together around 40 participants, including five representatives from Monegasque authorities and services. Work planned to support the next phase includes a comprehensive review of the legislative and regulatory framework for anti-money laundering, terrorist financing, proliferation financing and corruption, together with Monaco's third national risk assessment. Private sector representatives were also invited to provide feedback on how Monaco's inclusion on the FATF grey list and the European Union list is affecting their activities.
Ministry of Finance & Economy (Monaco) 2026-03-30
Monaco Ministry of Finance & Economy sets AML priorities around FATF delisting and the next MONEYVAL evaluation
Monaco's Ministry of Finance and Economy reported that the national Coordination and Monitoring Committee on anti-money laundering, terrorist financing, proliferation financing and corruption has reaffirmed as immediate priorities the Principality’s removal from the Financial Action Task Force grey list and the European Union list, and preparations for the next MONEYVAL evaluation. The committee reviewed Monaco’s progress in the FATF follow-up process, including adoption of its third progress report and plans for a fourth, and outlined further work such as a comprehensive review of the legislative and regulatory framework and engagement with the private sector on the impact of current listings.