Tackling money laundering, financing of terrorism and the proliferation of weapons of mass destruction, and corruption - FATF training

©Direction de la Communication/Manuel Vitali

The Financial Action Task Force (FATF), an international body whose role is to devise and promote strategies to tackle money laundering and the financing of terrorism and the proliferation of weapons of mass destruction, held a training course for the Monegasque authorities on 4 and 5 May in Monaco.

Minister of Finance and Economy Jean Castellini attended the course alongside relevant stakeholders from the public sector.

In his capacity as Chair of the Committee for Coordination and Monitoring of the National Strategy, the Minister of State met Kevin Vandergrift and Florent-Babacar Dieng, FATF Director of Training and Policy Analyst, respectively, on 5 May.

This high-level meeting provided an opportunity for discussion with the FATF representatives to learn more about the challenges associated with the International Cooperation Review Group (ICRG) process.

The Principality of Monaco is fully engaged and reaffirmed its commitment to complying with the leading international standards on efforts to tackle money laundering, the financing of terrorism and the proliferation of weapons of mass destruction, and corruption.

©Direction de la Communication/Manuel Vitali