On 8-11 December 2015, the 49th plenary session of the Council of Europe Committee of Experts on the Evaluation of Anti-Money Laundering Measures and the Financing of Terrorism (MONEYVAL) took place. On 8-11 December 2015, the 49th plenary session of the Council of Europe Committee of Experts on the Evaluation of Anti-Money Laundering Measures and the Financing of Terrorism (MONEYVAL) took place. The plenary acknowledged the significant progress achieved by Georgia in the implementation of the FATF recommendations for combating money laundering and terrorism financing. In particular, the Committee recognized that the Georgian authorities addressed the majority of shortcomings identified in 2012 IMF assessment mission report and decided to remove Georgia from the regular follow-up process.