Cyprus Ministry of Finance on MONEYVAL’s report
12 Feb 2020
Following on MONEYVAL’s publication of the Mutual Evaluation report of Cyprus, the minister of finance has issued a written statement welcoming the publication that reflects the progress and measures adopted by Cyprus to combat money laundering and terrorist financing and identifies areas were further improvements are needed.
The Ministry of Finance and the government of Cyprus are committed to implement all recommendations, which are largely consistent with the findings of the National Risk Assessment report on anti-money laundering and countering the financing of terrorism (AML/CFT) as well as with the action plan and strategy plan prepared by the authorities and approved by the Council of Ministers and is thanking the stakeholders who were involved and contributed to this demanding work, the evaluation team and the MONEYVAL committee for their work.
The statement issued by the Ministry of Finance can be found here.