On Thursday 2 May, the Council of Europe’s Committee of Experts on the Evaluation of Anti-Money Laundering Measures and the Financing of Terrorism (MONEYVAL) published two follow-up reports - one on Cyprus and the other on Croatia - which show improvements on the findings made in 2019 for Cyprus and in 2021 for Croatia.
As far as Cyprus is concerned, progress has been made in complying with MONEYVAL standards in the areas of new technologies and non-profit organisations.
Cyprus has...