A trans-continental drug smuggling and money laundering ring has been intercepted by authorities in Spain.
The operation against the network – led by a combined force of Spanish Guardia Civil and the United States Drug Enforcement Administration – led to the arrests of four individuals and charges being brought against seven others.
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MONEYVAL chairperson and FATF president exchange views with Council of Europe Committee of Ministers
MONEYVAL
On 6 November, Nicola Muccioli, Chairperson of the Committee of Experts on the Evaluation of Anti-Money Laundering Measures and the Financing of Terrorism (MONEYVAL), and Elisa de Anda Madrazo, President of the Financial Action Task Force (FATF), held an exchange of views with the Council of Europe’s Committee of Ministers.
Chairperson Muccioli presented MONEYVAL’s work and achievements during 2023, as reflected in its annual report and the features of the recently launched 6th evaluation round. He highlighted MONEYVAL’s close cooperation with the FATF and its contribution to revising the global standards to counter money laundering, the financing of terrorism and the proliferation of weapons of mass destruction.