Monaco advances anti-money laundering strategy with latest international progress reports
Minister of State discusses Monaco's third progress report adoption and upcoming fourth submission in ongoing international compliance efforts.
The Principality has made significant strides in its national anti-money laundering strategy, with Minister of State Christophe Mirmand highlighting key developments during recent coordination meetings.
Monaco's third progress report was successfully adopted during February's plenary assembly of the Financial Action Task Force (FATF), where a Monégasque delegation participated in proceedings. The country is now preparing its fourth report as part of the continuing monitoring process.
The Minister also praised the positive outcomes from recent MONEYVAL sixth-cycle evaluator training sessions, demonstrating Monaco's commitment to maintaining high standards in financial oversight and regulatory compliance. These initiatives form part of the broader national strategy to strengthen the Principality's position in international financial governance.