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

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

The country has been re-rated on one Recommendation.

Recommendation 14 is re-rated from Partially Compliant to Largely Compliant.

Insufficient progress has been made to grant the requested re-ratings for Recommendations 7, 8, 24 and 26.

Myanamar currently has 7 Recommendations rated Compliant and 18 Recommendations Largely Compliant; 13 Recommendations remain Partially Compliant.

APG Follow-Up Report Myanmar - 2023

Filename: Myanmar-2023-FUR.pdf
Size: 715 KB
Format: application/pdf

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Earlier reports

26 Aug 2022

Follow-up report to Myanmar's assessment of anti-money laundering and counter-terrorist financing measures This follow-up report analyses the progress of Myanmar in addressing the technical compliance deficiencies identified in its MER and FURs.
6 Nov 2018

Myanmar's measures to combat money laundering and terrorist financing This evaluation analyses the level of compliance with the FATF 40 Recommendations and the level of effectiveness of the Myanamar's AML/CFT system.

Related materials

APG

The FATF Recommendations

The FATF Recommendations are the basis on which all countries should meet the shared objective of tackling money laundering, terrorist financing and the financing of proliferation. The FATF calls upon all countries to effectively implement these measures in their national systems.

Mutual Evaluations

The FATF conducts peer reviews of each member on an ongoing basis to assess levels of implementation of the FATF Recommendations, providing an in-depth description and analysis of each country’s system for preventing criminal abuse of the financial system

Read more Consolidated assessment ratings