GIBRALTAR has been accepted into Moneyval, an anti-money laundering evaluation process, after four years of negotiations. The government has announced its delight that Gibraltar will now be subject to the stringent evaluation processes and procedures.
Moneyval was launched in 1997 by the Committee of Ministers of the Council of Europe to assess the anti-money laundering measures in member states.
The Rock has been accused of being a centre for money laundering over the past few years, mostly by Spanish media and politicians.