"MONEYVAL is a permanent monitoring body of the Council of Europe entrusted with the task of assessing compliance with the principal international standards to counter money laundering and the financing of terrorism and the effectiveness of their implementation, as well as with the task of making recommendations to national authorities in respect of necessary improvements to their systems. Through a dynamic process of mutual evaluations, peer review and regular follow-up of its reports, MONEYVAL aims to improve the capacities of national authorities to fight money laundering and the financing of terrorism more effectively."
Resolution CM/Res(2013)13 on the statute of the Committee of Experts on the Evaluation of Anti-Money Laundering Measures and the Financing of Terrorism
https://search.coe.int/cm/Pages/result_details.aspx?ObjectId=0900001680759b36#globalcontainer
The following sections serve as a short description of the main terms and areas of MONEYVAL’s work, with reference to the relevant international instruments:
MONEYVAL Implementation
(Turkey is not a member)
FATF - Financial Action Task Force
The Financial Action Task Force (FATF) is an inter-governmental body established in 1989 by the Ministers of its Member jurisdictions. The objectives of the FATF are to set standards and promote effective implementation of legal, regulatory and operational measures for combating money laundering, terrorist financing and other related threats to the integrity of the international financial system.
http://www.fatf-gafi.org/countries/#Turkey
(Turkey is member)
EAG - Eurasian Group on Combating Money Laundering and Financing of Terrorism
"The Eurasian group on combating money laundering and financing of terrorism (EAG) is a FATF-style regional body uniting Belarus, India, Kazakhstan, China, Kyrgyzstan, Russia, Tajikistan, Turkmenistan and Uzbekistan. 16 more states and 17 international and regional organizations have observer status within the EAG." - http://www.eurasiangroup.org
"The EAG was established on 6 October 2004 in Moscow by the decision of the Inaugural Conference and at the initiative of the Russian Federation, supported by the FATF, IMF, World Bank and several other countries. The EAG is an FATF-style regional body and became an Associate Member of the FATF in June 2010." http://www.fatf-gafi.org/countries/#EAG
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