Resolution CM/Res(2011)5
on the participation of the Holy See (including the Vatican City State) in the mutual evaluation processes and procedures of the Committee of Experts on the Evaluation of Anti-Money Laundering Measures and the Financing of Terrorism (MONEYVAL)

(Adopted by the Committee of Ministers on 6 April 2011
at the 1111th meeting of the Ministers’ Deputies)

The Committee of Ministers,

Recognising the importance of the fight against money laundering, the financing of terrorism and other forms of serious proceeds-generating crimes for the purpose of which the Council of Europe has adopted a variety of instruments, in particular the 1990 Convention on Laundering, Search, Seizure and Confiscation of the Proceeds from Crime (ETS No. 141) and the 2005 Council of Europe Convention on Laundering, Search, Seizure and Confiscation of the Proceeds from Crime and on the Financing of Terrorism (CETS No. 198);

Having regard to Resolution CM/Res(2010)12 on the statute of the Committee of Experts on the Evaluation of Anti-Money Laundering Measures and the Financing of Terrorism (MONEYVAL) adopted by the Committee of Ministers on 13 October 2010 and to the status of the Council of Europe/MONEYVAL since June 2006 as an associate member of the Financial Action Task Force (FATF);

Underlining the importance of MONEYVAL as a leading international partner in the global network of anti-money laundering and combating the financing of terrorism (AML/CFT) assessment bodies and its role in strengthening the global AML/CFT network;

Bearing in mind the status enjoyed by the Holy See with the Council of Europe since 1970, enshrined in a decision taken by the Ministers’ Deputies at their 255th meeting (8-9 March 1976), and recalling the decisions authorising the Permanent Observer of the Holy See to attend meetings of the Committee of Ministers and enjoy observer status in committees and subsidiary groups;

Considering that the Holy See’s request to be subject to the mutual evaluation procedures of MONEYVAL must be seen in the light of the unique character of the Holy See (including the Vatican City State):

1. agrees to the request by the Holy See (including the Vatican City State) to participate fully in the evaluation processes of MONEYVAL and be subject to its procedures;

2. decides that the provisions of MONEYVAL’s Statute applicable to non-member states of the Council of Europe which are subject to evaluation by MONEYVAL shall apply mutatis mutandis to the Holy See (including the Vatican City State), while taking into account in this context the unique status of the Holy See (including the Vatican City State);

3. requests that the Holy See shall contribute to the costs of MONEYVAL in a sum or sums to be agreed.



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