Committee of Experts on the Evaluation of Anti-Money Laundering Measures and the Financing of Terrorism (MONEYVAL)

The Committee of Experts on the Evaluation of Anti-Money Laundering Measures and the Financing of Terrorism (MONEYVAL) was established in 1997 by the Committee of Ministers to the Council of Europe. It is a sub-committee of the European Committee on Crime Problems (CDPC).

The tasks of MONEYVAL are:

• to elaborate appropriate documentation, including questionnaires for self- and mutual evaluations;

• to evaluate and adopt reports on:

1. the performance of member states of the Council of Europe which are not members of the FATF in complying with the relevant international  anti-money laundering and counter terrorist financing standards;
2. the performance of applicant states for membership of the Council of Europe which are not members of the FATF and the performance of Israel; 

• to make recommendations to the evaluated countries, where appropriate, with a view to improving the efficiency of their anti-money laundering and counter terrorist financing measures and to furthering international co-operation.

MONEYVAL has 28 permanent members and 2 temporary members.