MONEYVAL terminates follow-up with now 'largely compliant Gibraltar

Here's a very useful and timely report issued by Moneyval, the official denomination of the Committee of Experts on the Evaluation of Anti-Money Laundering Measures and the Financing of Terrorism. Gibraltar has now been designated as ‘largely compliant’ with its requirements and MONEYVAL has therefore concluded its follow up with the jurisdiction. Now only one of 11 jurisdictions compliant to this extent, this is a strong statement of the reality of Gibraltar's work in this regard.

What a contrast to the uninformed, entirely ignorant and completely brazen political determination made by the last batch of the political classes inhabiting the European Parliament when they blocked the removal of GIbraltar by the EU Commission from the relevant list of risky jurisdictions around the world. 

As much as one is wired to be sympathetic to/respectful of international institutions and of the value they represent in our modern world, one's faith is repeatedly tested by them.  Mercifully, in this case, those that should know DO know, and have made the position vis-vis Gibraltar's strong compliance with its international obligations clear for everyone to see.  The full report is available by clicking the link in the news story published by Moneyval.

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