On 11th February, the Council of Europe reported that its Moneyval body says that, despite progress in the Czech Republic to combat money laundering and terrorist financing, the authorities should take a more proactive approach with regard to laundering investigations.

The 5th Round Mutual Evaluation report is at –

The on-site visit was made in March 2018.  As appears usual with such evaluations, based on the results of its evaluation, MONEYVAL decided to apply its enhanced follow-up procedure and invited the Czech Republic to report back in mid-2020.


Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s