Event will provide further insight into MONEYVAL process

Further insight will be provided into the MONEYVAL mutual evaluation process during an event being hosted by the Isle of Man Financial Services Authority on Tuesday 7 October 2025.

 

Heads of Compliance, or equivalent, at supervised firms in the Island are invited to attend the Manx Museum Lecture Theatre to learn more about a range of key topics, including:

 

  • Progress regarding the update to the Island’s National Risk Assessment
  • An update on preparations for the MONEYVAL mutual evaluation scheduled for October 2026
  • A high-level timetable of the key milestones in the process
  • An overview of MONEYVAL Country Training and expectations on firms

 

Short presentations by senior officers from the Authority and the Isle of Man Government’s AML/CFT Policy Office will be followed by an open question and answer panel discussion. There will also be an opportunity for those attending to raise matters more informally with the speakers and panellists before and after the main session.

 

Places for this biannual AML forum can be reserved via Eventbrite. As there is limited capacity at the venue, attendance is restricted to one space per supervised entity. It should also be noted that the event at the Museum will repeat the content being shared with members of the Alliance of Isle of Man Compliance Professionals (AICP) the previous week. Therefore, if you are attending the AICP event, please do not register for this forum.

 

Doors at the Museum Lecture Theatre will open at 9:15am on 7 October, with the presentations scheduled to start at 9:30am. The event will finish at approximately 11:00am. For anyone who is unable to attend, the presentations will be recorded and shared with all stakeholders via the Authority’s website and social media channels.

 

Ashley Whyte, Head of AML/CFT Supervision at the Authority, said: ‘The outcome of the MONEYVAL mutual evaluation will have a significant impact on the Island’s economic wellbeing and international reputation. Preparations are well advanced across multiple government agencies and engagement with industry is being stepped up to keep businesses informed of progress and next steps.’

 

She added: ‘Public-private sector collaboration and a consistent country narrative are essential elements of a coordinated national approach. The event at the Museum will give senior compliance professionals a clearer picture of what’s in store, as well as providing an opportunity to put questions to some of the officers leading the Island’s MONEYVAL response.’