The Monaco Ministry of Finance and Economy published a readout of meetings of the first and second Colleges of the Coordination and Monitoring Committee for the national strategy against money laundering, terrorist financing, the proliferation of weapons of mass destruction and corruption. The update highlights progress in 2025, including FATF adoption of the first two progress reports submitted since Monaco was placed on the grey list in June 2024. The meetings also examined Monaco’s third progress report and the next steps in the FATF’s ICRG monitoring process. Participants were asked to continue implementation and to prepare for the forthcoming MONEYVAL Committee evaluation, with discussions covering the third national risk assessment and private sector feedback on the impact of Monaco’s FATF and European Union grey list status on their industries.
Ministry of Finance & Economy (Monaco)2025-12-16
Monaco Ministry of Finance and Economy reviews anti money laundering strategy progress after FATF adopts first two grey list progress reports
The Monaco Ministry of Finance and Economy reported on meetings of the Coordination and Monitoring Committee’s first and second Colleges reviewing implementation of the national strategy against money laundering, terrorist financing, proliferation of weapons of mass destruction and corruption. The update notes FATF adoption of Monaco’s first two post-grey listing progress reports, review of a third report and next steps in the FATF ICRG process, as well as preparations for the forthcoming MONEYVAL evaluation and discussion of the third national risk assessment and private sector feedback.