Lao PDR's progress in strengthening measures to tackle money laundering and terrorist financing

Publication details

Language

English

Country

Myanmar

Lao FUR 2024

Overall, Lao PDR has made progress in addressing the technical compliance deficiencies identified in its Mutual Evaluation.

The country has been re-rated on eight Recommendations:

  • Recommendation 3 is re-rated from Partially Compliant to Largely Compliant.
  • Recommendation 5 is re-rated from Non Compliant to Largely Compliant.
  • Recommendation 11 is re-rated from Partially Compliant to Compliant.
  • Recommendation 20 is re-rated from Partially Compliant to Compliant.
  • Recommendation 21 is re-rated from Partially Compliant to Largely Compliant.
  • Recommendation 29 is re-rated from Partially Compliant to Largely Compliant.
  • Recommendation 31 is re-rated from Partially Compliant to Largely Compliant.
  • Recommendation 38 is re-rated from Partially Compliant to Compliant.

Lao currently has 16  Recommendations rated Compliant/Largely Compliant; 15 Recommendations remain Partially Compliant.

APG Follow-Up Report of Lao PDR - 2024

Filename
Lao-PDR-FUR-October-2024.pdf
Size
758 KB
Format
application/pdf
Read the report

Earlier reports

  • 28 Aug 2023

    Lao's measures to combat money laundering and terrorist financing This report summarises the AML/CFT measures in place as at the date of the on-site visit, 12-23 September 2022. It analyses the level of compliance with the FATF 40 Recommendations and the level of effectiveness of the AML/CFT system and recommends how the system can be strengthened.

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