FATF clears Monaco after anti-money laundering action plan
By Zak Jackson, MonacoViews Editorial
The Financial Action Task Force has provisionally concluded that Monaco has largely completed its anti-money laundering and counter-terrorism financing action plan.
The FATF plenary has provisionally found that Monaco has largely fulfilled the requirements of its national action plan on anti-money laundering, counter-terrorism financing and the prevention of weapons proliferation financing. The preliminary conclusion, reached at the June 2026 plenary session, marks a significant milestone for the Principality following months of intensive reform work across multiple government bodies and regulatory authorities.
The outcome reflects close coordination between Monaco's various supervisory services, led by the national coordination committee responsible for overseeing the country's strategic framework against financial crime and corruption. That committee has driven implementation across institutions including the financial regulator, judicial authorities and law enforcement.
For residents, property owners and businesses operating in Monaco, the ruling carries practical weight. A clean FATF bill of health reinforces Monaco's standing as a well-regulated financial centre, reduces friction for cross-border transactions and strengthens the Principality's case for removal from any enhanced monitoring processes. It also signals to international counterparts that Monaco's compliance infrastructure is functioning as intended.