Online Reporting System

MONEYVAL

The Council of Europe Committee of Experts on the Evaluation of Anti-Money Laundering Measures and the Financing of Terrorism (Moneyval)


The Council of Europe Committee of Experts on the Evaluation of Anti-Money Laundering Measures and the Financing of Terrorism (Moneyval) was established in 1997 by member states of the European Council.

The goal of Moneyval is to ensure that its member states have in place effective systems to counter money laundering and terrorist financing. In its activity Moneyval is based on FATF Recommendations and practice. To date, Moneyval includes 30 members.

Georgia became a member of Moneyval in 1999. In the organisation Georgia is represented by the Ministry of Justice of Georgia (including Prosecutor’s Office) and the Financial Monitoring Service of Georgia (FMS) that is also the Head of the Georgian Delegation.

During 39th plenary meeting (2-6 July, 2012) the Moneyval Committee discussed and adopted the fourth round Detailed Assessment Report prepared by the IMF on the Georgian AML/CFT legislation and its compliance with FATF Recommendations.

Detailed Information: www.coe.int/moneyval