Monaco takes part in first international forum on identifying and recovering criminal assets in Rome

Members of the Monegasque delegation (from left to right): Captain Fabien Stella, Head of the Police Department’s Financial Crime Section; Richard Dubant, Advisor to the Secretary of Justice; Regis Bastide, Deputy Director of the Police Department; Geoffrey Vasseur, Head of Section and Financial Analyst, representing SICCFIN; Captain Pierre-Grégoire Cuif, Deputy Head of the Police Department’s Financial Crime Section. © DR

The Financial Action Task Force (FATF) and the Guardia di Finanza, with support from the OECD, held the first international forum on identifying and recovering criminal assets in Rome on 27 and 28 February.

The international conference was attended by more than 300 experts from government departments and agencies representing around a hundred countries. The President of the FATF welcomed their commitment to combating transnational organised financial crime.

A Monegasque delegation made up of representatives from SICCFIN, the Department of Justice and the Police Department took part in the forum, notably with a view to improving cooperation with foreign authorities responsible for tackling money laundering and terrorist financing, and to promoting the sharing of best practices in this area.

The delegation’s participation in the conference also reflects implementation of the recommendations in the MONEYVAL mutual evaluation report on the Principality of Monaco.