• Military
• WMD
• Intelligence

• Security Menu                     

• Systems
• Industry
• Operations
• Hot Documents
• News
• Reports
• Policy
• Budget
• Congress
• Links

• Space

Anti-money laundering: Estonia makes progress with targeted financial sanctions on terrorism and terrorist financing

Council of Europe

Council of Europe
Strasbourg
13 January 2025

Estonia has improved its efforts towards implementing targeted financial sanctions related to terrorism and terrorist financing, concludes MONEYVAL in a new follow-up report. However, further steps are needed for the full or large compliance with the recommendations which Estonian authorities requested for a review.

Estonia has enlarged the scope of assets subject to freezing as part of targeted financial sanctions related to terrorism and terrorist financing (Recommendation 6). As a result, the country has been re-rated from "partly compliant" to "largely compliant" with Financial Action Task Force (FATF) Recommendation 6.

Overall, out of the 40 recommendations, Estonia is currently rated as:

• Compliant (C) - on seven recommendations;
• Largely Compliant (LC) - on nineteen recommendations;
• Partially Compliant (PC) - on fourteen recommendations.

Estonia remains under MONEYVAL's enhanced follow-up process. The country is expected to report back on its further progress in strengthening anti-money laundering and combatting terrorism financing measures in December 2025.