Myanmar put on money-laundering watchlist


A member of the Myanmar health department wears protective gear as he approaches an airline passenger to check their temperature after the flight landed at Yangon International Airport in Yangon. An international financial watchdog placed Myanmar on its money-laundering watchlist, urging the country at the heart of Asia's illicit drug-producing "Golden Triangle" to boost its efforts to seize crime proceeds. - AFP

JAKARTA: An international financial watchdog placed Myanmar on its money-laundering watchlist, urging the country at the heart of Asia's illicit drug-producing "Golden Triangle" to boost its efforts to seize crime proceeds.

The decision by the Financial Action Task Force (FATF) to include Myanmar on its "grey list", this week, puts the South-East Asian nation on notice to make good on a "high-level" commitment to strengthen its anti-money laundering regime.

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Myanmar , Money-laundering , Watchdog List

   

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