• Jersey represented at MONEYVAL Ministerial meeting in Warsaw, Poland, by Assistant Chief Minister, Deputy Elaine Millar
• MONEYVAL Ministers agree a high-level declaration and a MONEYVAL Strategy 2023-2027 to combat money laundering, terrorism financing and the financing of proliferation of weapons of mass destruction
• Ministers also join the Council of Europe in confirming full support for Ukraine and its people
Jersey’s Assistant Chief Minister, Deputy Elaine Millar, has formally reaffirmed the Island’s commitment to combatting financial crime at a high level Ministerial meeting, being held at the invitation of Poland’s Minister of Finance in Warsaw yesterday (Tuesday 25 April 2023). The meeting was attended by Ministers and high level delegates from 32 countries and international organisations who have a role in preventing financial crime around the world.
In a written declaration, all jurisdictions affirmed their commitment to international and regional efforts to combat money laundering, terrorism financing and the financing of proliferation of weapons of mass destruction, and to join the Ministers’ Deputies of the Council of Europe in strongly condemning the continued aggression of the Russian Federation against Ukraine and confirm our full support for Ukraine and its people. The meeting also provided the opportunity for bilateral meetings with Ministers from the other Crown Dependencies and the United Kingdom to discuss a variety of common issues relating to combatting financial crime.
Deputy Millar said: “It is important for Jersey to demonstrate that we stand alongside other countries in our commitment to combatting financial crime in all its forms. As a leading international financial services centre, we are committed to meeting international standards.
“This visit has been an opportunity to meet fellow MONEYVAL Ministers and delegations ahead of September, when we will be welcoming our peers to Jersey for an assessment of our own financial crime prevention regime.”
Government of Jersey News Release