MONEYVAL Archives - Financial Mirror

MONEYVAL: Financial crime challenges persist

Cyprus has shown improvements in combating money laundering and terrorism financing but could do more, according to the evaluation by the Council of Europe’s monitoring body MONEYVAL. The anti-money laundering and counter-terrorist financing

20th June 2023

Business

MONEYVAL: Cyprus has some money laundering shortcomings

Cyprus made some progress in improving its compliance with Financial Action Task Force (FATF) standards on combatting money laundering and the financing of terrorism, but moderate shortcomings remain. This is the conclusion

25th November 2022

Cyprus

Cyprus progress against money laundering

Cyprus has room to improve in fighting money laundering and the financing of terrorism, despite ‘some’ progress recorded in the past year, the Council of Europe’s anti-money laundering body (Moneyval) said. According

13th January 2022

Cyprus

MONEYVAL: Cyprus passport scheme attracts dirty money

A European money-laundering watchdog has warned that a secretive investment-for-passports scheme run by Cyprus was vulnerable to money laundering and fraught with risk. Cyprus welcomed the report saying it highlights the progress

12th February 2020

Business