The coordination meeting of the Working Committee on Countering Money Laundering and Terrorism Financing was held yesterday afternoon at the meeting hall of the Central Bank of Myanmar in Nay Pyi Taw.

At the meeting, the CBM Governor emphasized the importance of accurately and comprehensively preparing Myanmar’s 15th Mutual Evaluation Progress Report, in line with the recommendations made by assessors from the Asia-Pacific Joint Group (APJG). She urged responsible departments to provide detailed and verifiable data on implementation progress to support the report and highlighted key aspects that must be included in the document.

Subsequently, the CBM Deputy Governor discussed the linkages between strategic action plans under Domain 3 and practical implementations. A member of the Anti-Corruption Commission also elaborated on the requirements to be fulfilled in accordance with the Financial Action Task Force (FATF) plenary decisions and outlined critical considerations.

Following that, the Secretary of the Working Committee briefed attendees on the outcomes and decisions of the recent FATF plenary meeting, as well as key points raised during discussions. He provided guidance on how the report should incorporate relevant case data and statistical indicators to demonstrate tangible results in Myanmar’s continued implementation efforts, in order to meet remaining benchmarks.

During the discussions, attendees also exchanged views on the type of information and cooperation required from relevant departments, sector-specific vulnerabilities, and the review process necessary for submitting a comprehensive and credible progress report to the committee.

MNA/KZL

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