Long abstract

The Financial Action Task Force and the Asia/Pacific Group on Money Laundering (APG) held their first joint Plenary meeting in Singapore with a view to better combating money laundering (ML) and terrorist financing (TF) in the Asia-Pacific region. Jean-Louis Fort, who has lead the FATF during France’s presidency, underlined the success of the meeting: “Countries in Asia have acted to close loop-holes and clean up their financial systems. A lot has been accomplished and a lot is still left to do.”