Delegation of Ukraine takes part in the 49th Plenary Meeting of the Committee of Experts on the Evaluation of Anti-Money Laundering Measures and the Financing of Terrorism (MONEYVAL)

During the December 8-11, 2015 delegation of Ukraine headed by the representative of the State Financial Monitoring Service of Ukraine is taking part in 49th Plenary Meeting of the Committee of Experts on the Evaluation of Anti-Money Laundering Measures and the Financing of Terrorism (MONEYVAL) in Strasbourg, the French Republic.
At the 49th Plenary Meeting MONEYVAL representatives of Ukraine are taking participation in the consideration of the following issues: discussion of the 5th round evaluation of Armenia, the draft 4th Round Report crown possessions of Great Britain Guernsey, consideration of the report of Cyprus on the measures taken in accordance with the special assessment MONEYVAL on the effectiveness of CDD in the banking sector and its renewal on the fourth round on work.
In addition, during the meeting the delegation of Ukraine participated in special events aimed at raising the level of preparedness of countries and territories that are part of MONEYVAL to counter terrorism and terrorist financing.
Reference: Special Committee of Council of Europe experts on the Evaluation of Anti-Money Laundering and Terrorist Financing (MONEYVAL) was established in 1997 and is the main monitoring mechanism in the European Union in this area. MONEYVAL Committee assesses compliance with all member countries of international standards in the legal, financial and law enforcement sectors through the provision of expert opinions in the course of mutual evaluations in combating money laundering and terrorist financing.
MONEYVAL reports include detailed recommendations on increasing the effectiveness of national regimes to combat money laundering, terrorist financing and opportunities of states to carry out international cooperation in these areas.