Follow-up report to Myanmar's assessment of anti-money laundering and counter-terrorist financing measures

Publication details

Language

English

Country

APG Follow-Up Report-Myanmar 2020

Filename
APG-2nd-Follow-Up-Report-Myanmar-2020.pdf
Size
402 KB
Format
application/pdf
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In light of progress made by Myanmar since its 2018 Mutual Evaluation Report, the country has been re-rated on the following recommendations:

  • Recommendation 10 from Partially Compliant to Largely Compliant
  • Recommendation 12 from Partially Compliant to Largely Compliant
  • Recommendation 13 from Partially Compliant to Largely Compliant
  • Recommendation 14 from Non Compliant to Partially Compliant
  • Recommendation 24 from Non Compliant to Partially Compliant

Due to the new FATF obligations under Recommendation 15, the level of compliance has been re-rated from Largely Compliant to Partially Compliant.

Myanmar will remain in enhanced (expedited) follow-up, and will continue to report back to the APG on progress to strengthen its implementation of AML/CFT measures.