MONEYVAL Place 4 New Countries in Their Enhanced Follow-Up Group

MONEYVAL, the Council of Europe's regulatory agency has flagged the Isle of Man for its AML measures. The Crown dependency was placed in its “enhanced follow-up procedure” category; meaning that the government will make further amendments to its security and money laundering regimes in order to conform to international standards.

MONEYVAL also placed the following other European countries in the enhanced follow-up regime:

  • Malta.
  • Ukraine.
  • Moldova.