Poland has made significant progress in strengthening its anti-money laundering and counter-terrorist financing measures, according to a follow-up report by the Council of Europe’s MONEYVAL Committee. The evaluation highlights improvements in Poland’s technical compliance with FATF standards, particularly regarding non-profit organisations (Recommendation 8) and the use of new technologies (Recommendation 15), supported by recent EU regulations on crypto-assets and the travel rule for certain transfers.
Overall, Poland is now rated as compliant on three FATF recommendations, largely compliant on twenty-four, and partially compliant on thirteen, with no recommendations assessed as non-compliant. Despite these advances, MONEYVAL has kept Poland under its enhanced follow-up procedure and requires the country to report back within a year on further progress in addressing remaining shortcomings and fully strengthening its AML/CFT framework.
