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Fight against money laundering: The FATF trains the Monegasque authorities

11/05/2023
Source : ORISHAS FINANCE
Categories: Sectors

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Les 4 et 5 mai derniers étaient consacrés à une formation pour les Monegasque authorities in Monaco. This training is organized by the Financial Action Task Force on Money Laundering (GAFI ), an international body whose purpose is to design and promote strategies to combat money laundering and the financing of terrorism and the proliferation of weapons of mass destruction.

During the training sessions organized by the FATF, in which public actors in the sector and the government counsellor-Minister of Finance and the Economy, Jean Castellini took part, the Minister of State received Kevin Vandergrift and Florent-Babacar Dieng, respectively director of training department and policy analyst of the GAFI . The exchanges enabled him to become aware of the issues related to the ICRG (International Cooperation Review Group) process

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This was a way for the government to recall that “ Old Style”, "serif">the Principaut é Of Monaco is fully mobilized é and r é affirms its commitment à to comply with the best international standards in mati è re of combating money laundering, the financing of terrorism and the proliferation of weapons of mass destruction and corruption

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