The Isle of Man has completed its written effectiveness submission to MONEYVAL, the Gambling Supervision Commission (GSC) said on June 23rd, marking a key step toward the jurisdiction’s mutual evaluation onsite assessment later this year.
MONEYVAL, the Council of Europe’s monitoring body for anti-money laundering and counter-terrorist financing standards, assesses jurisdictions against standards set by the Financial Action Task Force (FATF). The Isle of Man said the process supports its commitment to maintaining international standards under the Island Plan and the Financial Crime Strategy 2024-2026.
The latest filing follows the submission of the island’s Technical Compliance Questionnaire to the MONEYVAL Secretariat in March 2026. The GSC described the written effectiveness submission as the most critical component of the mutual evaluation process.
According to the update, significant work has been carried out to strengthen the island’s frameworks, with public and private sector stakeholders coordinating to collect and analyze substantial volumes of data.
The GSC said the island’s financial, digital and DNFBP sectors remain important to the resilience of the jurisdiction, adding that private sector data is essential to understanding risks and informing policy and supervisory activity.
The regulator said it will continue to hold drop-in sessions and feedback forums, while also supporting firms that may be invited to participate in the onsite assessment.
