MONEYVAL publishes today a horizontal study that analysed how European Union (EU) supra-national legislation, mechanisms and other initiatives have been considered and weighted in the MONEYVAL 5th round mutual evaluation processes. More than a third of MONEYVAL member jurisdictions are EU members states and as such subject to the EU’s legal order, while a number of other MONEYVAL members committed to harmonize their legislation with the EU’s AML/CFT acquis. During MONEYVAL’s 5th round of mutual evaluations, discussions have often raised the question as to how EU supranational measures should be interpreted and weighted when evaluating EU member states. This horizontal study helps to develop more consistent understanding for the assessment of supranational mechanisms.

• Link to the report