Central Bank Governor urges using all measures for eliminating transnational money laundering
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Hsu / Myo Gyi (NP News) - Jan 12
The Governor of the Central Bank of Myanmar urged to use of both formal and informal channels with international cooperation while investigating the #transnational_money_laundering.
The #CBM Governor Than Than Swe addressed it during the Anti-Money Laundering and Anti-Terrorist Financing Task Force meeting held at Naypyidaw on January 10.
She also included the importance of knowledge dissemination on the understanding of financially supporting money on mass destructive weapons and duties, and to take actions against these acts.
Moreover, she also urged to accelerate seeking financial intelligence information and to carry out transnational money laundering investigations taking international cooperation through both formal and informal channels.
The Governor recommended requesting the Asia-Pacific Joint Group for increasing standards and to accomplish the implementation of the orders and directives within the specified period before February 1.
Myanmar was listed on the blacklist by the Financial Action Task Force (FATA) in November 2022.